News


China-Australia rates holding up, for now

4 mins read
WITH Drewry’s World Container Index turning down this week after several consecutive upgrades, average spot rates on the premier China-Australia route jumped another 8% for Week...
China-Australia rates holding up, for now

Hapag’s Q3 dire but three quarters good

3 mins read
HAPAG-Lloyd has declared strong growth and solid results for the first nine months of 2025 but rather glossed over a sad Q3. Group EBITDA was USD 2.8 billion (EUR 2.5...
Hapag’s Q3 dire but three quarters good

COSCO Shipping joins 3Q revenue slump

2 mins read
COSCO Shipping Holdings, which includes COSCO Shipping Lines and OOCL, has reported a ‘resilient’ third quarter with regard to liftings but seen a sharp drop in profits...
COSCO Shipping joins 3Q revenue slump

NQBP weighs containerisation at Port of Mackay

2 mins read
NORTH Queensland Bulk Ports may be defying the organisation’s title in the future as it weighs installing container facilities at the Port of Mackay, among other enhancements....
NQBP weighs containerisation at Port of Mackay

Maersk parades “strong” Q3

2 mins read
A.P. MOLLER-Maersk has reported “sequential growth” across the business in Q3 2025 with strong financial results leading to a lift in full-year profit guidance. EBITDA at USD 2.7...
Maersk parades “strong” Q3

Lyttelton seek understanding over industrial action

2 mins read
LYTTELTON Port Company (LPC) has sought to re-assure customers it is doing its best to work around disruptions at its container terminal, where implementation of new stevedore...
Lyttelton seek understanding over industrial action

World Container Index – 6 November 2025

1 min read
DREWRY'S World Container Index increased for a fourth consecutive week, up 8% to $1,959 per 40ft container. This follows a prolonged decline over 17 consecutive weeks. Source:...
World Container Index – 6 November 2025

Maersk reviews Lyttelton calls

2 mins read
MAERSK Line is examining current and future calls at the Lyttelton Container Terminal as the port anticipates industrial action that could last through until February. Lyttelton...
Maersk reviews Lyttelton calls

2Q FY25 a bad one for ONE

2 mins read
SECOND quarter FY 2025 has proven rather disastrous for Ocean Network Express, with the carrier eking out profit of just US$285 million on revenue of US$4,455 million,...
2Q FY25 a bad one for ONE

Bridge comms failure contributes to Fremantle prang

4 mins read
THE DRAMATIC collision between the 8,400 TEU Maersk Shekou and the sail training ship Leeuwin II in Fremantle’s Inner Harbour in August 2024 resulted from poor bridge...
Bridge comms failure contributes to Fremantle prang

“Warm, fuzzy” landside guidelines not good enough, shippers say

3 mins read
THE LATEST increase in terminal access charges at Australian box ports make a mockery of voluntary guidelines for landside charges, a leading freight industry figure says. Freight...
“Warm, fuzzy” landside guidelines not good enough, shippers say

Gladstone seeks terminal interest

2 mins read
GLADSTONE’s dream of becoming s fully-fledged container port has taken another step towards realisation with the release of a Registration of Interest for development of a...
Gladstone seeks terminal interest

World Container Index – 30 October 2025

1 min read
DREWRY'S World Container Index continued its upward trend this week, increasing 4% to $1,822 per 40ft container. Source: Drewry World Container Index Spot rates from Shanghai to...
World Container Index – 30 October 2025

Freight rates on the tear

3 mins read
FOR NO obvious reason China-Australia freight rates have taken off over the past two weeks and some offers in the market are approaching USD 3400/FEU for certain port pairs. After...
Freight rates on the tear

Crane pain afflicts NPDL

2 mins read
NEPTUNE Pacific Direct Line has been obliged to shuffle schedules of its AUSPAC and NZPAC services, thanks to unrelated crane failures on a vessel and in port. Due to mechanical...
Crane pain afflicts NPDL