Hapag-Lloyd and Maersk join forces on long-term collaboration
HAPAG-LLOYD and Maersk have joined forces on a long-term collaboration starting in February 2025. The so-called Gemini Cooperation partnership would comprise a fleet pool of...
Red Sea situation impacting ag sector logistics
TRADE logistics are set to become increasingly challenging for Australia’s agricultural sector with the escalating tensions in the Red Sea disrupting global trade, according to...
ONE orders 12 methanol-fuelled ships
OCEAN Network Express has signed contracts for the construction of 12 new methanol dual-fuel containerships. The contracts are with Jiangnan Shipyard and Yangzijiang Shipbuilding,...
Singapore-based PSA sees record container throughput for 2023
SINGAPORE-based container terminal operator PSA International saw a record-breaking year in 2023. The company’s terminals handled a total of 94.8 million TEU across its port...
Albo urges DPW and MUA to “sort this out”
PRIME Minister Anthony Albanese called on DP World and the Maritime Union of Australia to negotiate an end to the ongoing protected industrial action on the wharves. In an...
ICTSI commits to 2050 net-zero for scope 1 and 2 emissions
INTERNATIONAL Container Terminal Services has committed to achieving net-zero greenhouse gas emissions for its scope 1 and 2 emissions by 2050. ICTSI is the owner of the Victoria...
Record year for container throughput in Singapore
ANNUAL vessel arrival tonnage at the Port of Singapore exceeded three billion gross tonnes in 2023, setting a record for the port. Singapore’s acting minister for transport Chee...
MUA cancels some DPW PIA
THE MARITIME Union of Australia has backed down on some of its protected industrial action at DP World. The union has withdrawn some partial work bans and work stoppages through...
Disruption deepens at DP World as dispute with MUA ratchets up (updated)
DISRUPTION at DP World’s Australian container terminals has increased on Friday (12 January) as the company commenced its policy of not tolerating partial work bans in its ongoing...
World Container Index skyrockets
THE DREWRY World Container Index increased by 15% this past week to $3072 per 40-foot container. The composite index has increased by 44% when compared with the same week last...
Maersk to bypass Panama Canal with “land bridge”
MAERSK is deploying a “land bridge” in Panama to mitigate issues with the drought-affected canal. Based on current and projected water levels in Gatun Lake, the Panama Canal...
Melbourne container trade dips in November
PORT of Melbourne reported a decrease in container volumes in November 2023 compared with the same month in 2022. The port handled a total of 243,213 TEU in November, which was an...
OOCL revenue declines in last quarter
ORIENT Overseas Container Line saw total revenues decrease for the quarter ended 31 December 2023. Total revenues for the fourth quarter came to US$1.62 billion, which was a 49%...
Containership Capitaine Dampier to be renamed
CAPITAINE Dampier is soon to become PFL Matai. The name change will take effect in Brisbane on 17-18 January as the vessel moves from Neptune Pacific Direct Line control to PFL....
Zim to install trackers on containers
ISRAELI shipping line Zim is planning to install tracking devices on thousands of Zim containers. Zim has entered an agreement with tech company Hoopo Systems to roll out tracking...
