News
Shippers pursue landside cost answers
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...
Hapag seals ZIM deal
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...
HMM stays profitable despite slippage
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...
Police seize drug load in Port Botany shipping container
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...
Hapag-Lloyd breaks cover on ZIM buy
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...
World Container Index – 12 February 2026
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...
NAVIGATING 2026: Changing tides
AS AUSTRALIA and New Zealand resume normal trading cadence following the southern summer, global trade divergence has become more pronounced, increasingly sidelining the United...
New container depot opens international gateway for Port of Mackay
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...
WiseTech gets SMART with major shipping line
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...
Hapag-Lloyd stays in black in 2025, including Q4
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,...
Maersk: Strong year but fourth quarter pain
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...
World Container Index – 5 February 2026
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...
Red Sea return for Maersk, Hapag but still risky business
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...
MSC’s Eagle has lift off
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...
Rates collapse as Chinese New Year sees demand crash
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...
