OOCL Brazil exchange sets new Botany benchmark
THE A3 consortium Central China loop vessel OOCL Brazil has eclipsed the previous Port Botany container exchange record to establish a new high point for NSW Ports and stevedore...
ANL’s Shane Walden resigns
SHANE WALDEN, managing director of ANL Container Line and CMA CGM Group Agencies Oceania, has resigned. While there has been no official statement at time of writing well-placed...
World Container Index – 21 May 2026
The DREWRY World Container Index (WCI) increased 6% to $2,712 per 40ft container, mainly due to higher freight rates on the Asia to Europe trade route. Source: Drewry World...
China rates back on the march in June
MEAN spot rates between China and Australia have now risen a cumulative 68% since the middle of March, according to the latest SCFI for Shanghai-Sydney. The level rose another 9%...
World Container Index – 14 May 2026
The DREWRY World Container Index surged 12% to $2,553 per 40ft container, due to higher freight rates on Transpacific and Asia–Europe trade routes. Source: Drewry World Container...
MSC in major Oceania network revision
MEDITERRANEAN Shipping Company has today confirmed market rumours circulating for over a week, announcing a major overhaul of its Oceania region services effective immediately....
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Hapag-Lloyd sees significant Q1 profit drop
HAPAG-Lloyd has declared its first quarter 2026 results “unsatisfactory” after Group profit fell markedly below Q1 2025 earnings. Nevertheless, or maybe because of Q1, the company...
Dual-fuel container ship and vehicle carrier fleet passes 1200
THE World Shipping Council (WSC) has published its latest update to its WSC Dual-Fuel Fleet Dashboard, tracking the global liner shipping industry’s investment in vessels capable...
Hapag-Lloyd, K&N strike green fuel deal
GERMAN giants Hapag-Lloyd and Kuehne+Nagel are further strengthening their long-standing partnership by collaborating to reduce ocean transport emissions. As part of this...
DALI INCIDENT: US indicts vessel operators ahead of trial
LEGAL proceedings surrounding the containership Dali and Baltimore’s Francis Scott Key Bridge collapse have escalated significantly ahead of the civil trial scheduled to begin on...
China rates climb slows
FREIGHT rates on Australia’s premier trade route from China have slowed their recent rapid rise but are continuing to climb just the same. The SCFI (mean spot rate) for...
PIL 2025: Profit down but margins highest
SINGAPORE’s Pacific International Line saw net profit fall around 22% in FY2025 but nevertheless enjoyed a strong year — and analysts note it still leads the main containership...
Maersk Q1: Volumes up, rates down
AP MOLLER-Maersk has boasted a strong first quarter, at least as far as demand went, but lower freight rates saw a notable though industry-consistent drop in profits. Against a...
“K” Line reports mixed 2025
KAWASAKI Kisen Kaisha, better-known as “K” Line, has reported lower revenues and income for its 2025 full year but the pain has not been shared across all business segments. The...
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SAL adds member, FTA adds executive
GREENSTREAM, a Sydney-based recruitment and talent advisory firm dedicated exclusively to the maritime, shipping, and marine sectors, has become the latest corporate associate...
