News


Shippers pursue landside cost answers

3 mins read
A NEW shipper body has been formed to probe the capability of existing legislation to address “persistent market failure” in container port landside charging. The Australian...
Shippers pursue landside cost answers

Hapag seals ZIM deal

3 mins read
AS FORESHADOWED yesterday Hapag-Lloyd has signed an agreement to acquire 100% of the shares in ZIM Integrated Shipping Services, but the carriers will remain competitors until the...
Hapag seals ZIM deal

HMM stays profitable despite slippage

1 min read
THE EIGHTH-largest global container line, South Korea’s HMM, kept its head above water in 2025 even while registering significant falls in key metrics. HMM managed an operating...
HMM stays profitable despite slippage

Police seize drug load in Port Botany shipping container

1 min read
THE AUSTRALIAN Federal Police (AFP) says it seized more than 40kg of methamphetamine concealed inside a forklift counterweight at Port Botany last week. Police officers descended...
Police seize drug load in Port Botany shipping container

Hapag-Lloyd breaks cover on ZIM buy

2 mins read
IN WHAT is being acclaimed as a clever navigation of a difficult situation Hapag-Lloyd has announced it is in advanced negotiations for a potential acquisition of Zim Integrated...
Hapag-Lloyd breaks cover on ZIM buy

World Container Index – 12 February 2026

1 min read
THE DREWRY World Container Index (WCI) fell for the fifth consecutive week, down 1% to $1,933 per 40ft container primarily due to a drop in rates on the Transpacific and...
World Container Index – 12 February 2026

NAVIGATING 2026: Changing tides

3 mins read
AS AUSTRALIA and New Zealand resume normal trading cadence following the southern summer, global trade divergence has become more pronounced, increasingly sidelining the United...
NAVIGATING 2026: Changing tides

New container depot opens international gateway for Port of Mackay

2 mins read
CONSTRUCTION is underway on a multi-million-dollar container depot at the Port of Mackay, tipped to unlock new global trade opportunities for Central Queensland. The 1.3-hectare...
New container depot opens international gateway for Port of Mackay

WiseTech gets SMART with major shipping line

2 mins read
WISETECH Global has launched a pilot with Hapag-Lloyd to trial ingesting and using location data transmitted from the shipping line's two million containers in its fleet. The test...
WiseTech gets SMART with major shipping line

Hapag-Lloyd stays in black in 2025, including Q4

2 mins read
HAPAG-Lloyd has reported preliminary figures showing its 2025 results were at the top of expectations but still below 2024’s outcomes. And the carrier, like its contemporaries,...
Hapag-Lloyd stays in black in 2025, including Q4

Maersk: Strong year but fourth quarter pain

4 mins read
MAERSK LINE has joined Ocean Network Express in recording a quarterly loss but that failed to undermine a solid result for 2025 for the A.P. Moller-Maersk Group. Q4 While the...
Maersk: Strong year but fourth quarter pain

World Container Index – 5 February 2026

1 min read
DREWRY'S World Container Index decreased for the fourth consecutive week, dropping a further 7% to $1,959 per 40ft container, primarily due to a drop in rates on the Transpacific...
World Container Index – 5 February 2026

Red Sea return for Maersk, Hapag but still risky business

3 mins read
THE CONUNDRUM container lines face in resuming transits through the Suez Canal and Red Sea has been highlighted today in stark fashion. Overnight Maersk and Hapag-Lloyd announced...
Red Sea return for Maersk, Hapag but still risky business

MSC’s Eagle has lift off

2 mins read
THE MOST serious challenge in many a decade to the status quo in the Australia/New Zealand-Americas trade has formally launched with the first sailing of MSC’s Eagle service from...
MSC’s Eagle has lift off

Rates collapse as Chinese New Year sees demand crash

1 min read
CARRIERS appear to have been taken by surprise as poor demand in the China-Australia trade sees rates shrink and jostling for scarce cargo and market share ramp up. Although no...
Rates collapse as Chinese New Year sees demand crash