Report highlights equipment failures in global fleet
A REPORT detailing “critical and recurring equipment failure points” within ships across the world has been released by the International Association of Classification Societies...
World Container Index – 7 May 2026
The DREWRY World Container Index (WCI) increased 3% to $2,286 per 40ft container after three consecutive weekly declines, driven by higher freight rates on Transpacific and...
Down, down: Cosco halves quarterly profit, ONE in 92% FY crash
THE BAD news continues to ship out from container lines with the global number four reporting a weak Q1 2026 and the number six disclosing a giant drop in full-year profits. COSCO...
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ICTSI lifts and lifts
INTERNATIONAL Container Terminal Services, Inc, parent of Melbourne’s Victoria International Container Terminal, has turned in a stellar first quarter with recurring net income up...
MSC lines up new rail options
MEDITERRANEAN Shipping Company is riding the rails via a new inland network assembled during the last six months. The carrier claims it can deliver a faster, simpler, and more...
ANALYSIS: The obligation carriers cannot ignore under Part X
THE COMPETITIVE exemptions available under Part X of the Competition and Consumer Act 2010 (Cth) are not granted unconditionally. In exchange for the right to coordinate pricing...
World Container Index – 30 April 2026
THE DREWRY World Container Index (WCI) declined for the third consecutive week, easing 1% to $2,216 per 40ft container, due to softer rates on Asia–Europe, Transpacific and...
Boxboat under tow back to Melbourne
THE 4,308 TEU container ship MSC Acapulco IV is due to arrive back in Port Philip this afternoon, after suffering engine problems off Cape Otway during a scheduled voyage from...
Federal government commits to new WA container port
THE FEDERAL government has signed off on the development of Western Australia’s new Westport container terminal with a combined state and federal commitment of $1.1 billion to the...
OPINION: Understanding Part X in a disrupted market
Geopolitical disruption and liner shipping have always been uneasy companions. When conflict or instability affects a major trade corridor, the commercial consequences travel fast...
OPINION: The legalised cartel - how Part X works for liner shipping
AUSTRALIA’S liner trades operate under a unique legislative framework that sets it apart from virtually every other industry in the country. Part X of the Competition and Consumer...
Fuel pinch, supply conundrum takes a toll on truck operators
FUEL spikes and supply shortages have left container transport operators scrambling, with some making a switch from bulk to retail suppliers in the short term. Regional Victoria...
OPINION: Surcharges without scrutiny - Australia’s weak spot in supply chain resilience
THE RESURGENCE of large-scale shipping line surcharges linked to the ongoing Middle East conflict has once again highlighted the imbalance between shipping lines and cargo owners...
China-Australia rates shoot up
FOR reasons that don’t seem readily apparent, even to carriers, freight rates between China and Australia for the current week — Week 17 — have leapt 19%. This follows gains of...
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World Container Index – 16th April 2026
THE DREWRY World Container Index (WCI) recently snapped a six-week rally—a surge initially triggered by higher bunker fuel prices following the late-February conflict in the...
