News


Containership just-in-time arrivals can lower GHG emissions: report

2 mins read
JUST-in-time (JIT) arrivals allow ships to optimise speed during their voyage to arrive in port when berth, fairway and nautical services are available, according to a new study...
Containership just-in-time arrivals can lower GHG emissions: report

Zim to implement 1-Stop service

1 min read
ZIM Integrated Shipping is to implement 1-Stop’s PRA validation service, starting on 14 June. A statement from Zim said the PRA validation system is designed to ensure the PRA...
Zim to implement 1-Stop service

CMA CGM reports increasing profits in 1Q22

2 mins read
THE first quarter results for French ocean carrier CMA CGM revealed huge revenues and profits against a backdrop of increasing costs and a darkening outlook. For the first quarter...
CMA CGM reports increasing profits in 1Q22

Shippers concerned by carbon tax ahead of IMO decarbonisation talks

2 mins read
THE GLOBAL Shippers Forum has voiced concern that the International Maritime Organization’s upcoming carbon tax discussions will push freight costs for shippers higher than their...
Shippers concerned by carbon tax ahead of IMO decarbonisation talks

OPINION: Does the latest CPPI give a realistic view of port rankings?

2 mins read
THE TRANSPORT Global Practice of the World Bank and the Maritime, Trade and Supply Chain division of S&P Global Market Intelligence have recently published the Container Port...
OPINION: Does the latest CPPI give a realistic view of port rankings?

Windy weather stops container operations at Botany

1 min read
HIGH winds again affected container operations Monday morning at Port Botany, and stevedores halted operations. The Patrick terminal stopped operations at 0800, and CargoLink...
Windy weather stops container operations at Botany

Swire Shipping appoints new managing director

1 min read
SWIRE Shipping has announced a change in leadership, having appointed Jeremy Sutton as managing director. Mr Sutton is currently chief operating officer. He will take over from...
Swire Shipping appoints new managing director

At least 49 dead in Bangladesh container depot blast

1 min read
AT LEAST 49 people have died in a fire at a container depot in Sitakunda, Bangladesh, near the country’s main port of Chittagong. Footage has been released of smoke billowing from...
At least 49 dead in Bangladesh container depot blast

World Container Index decreases slightly this week

1 min read
DREWRY’S composite World Container Index decreased by 0.1% to US$7625.56 per 40-foot container this week. However, the index remains 18% higher than it was one year ago. The...
World Container Index decreases slightly this week

New Zealand wine exporters to benefit from new inland port

1 min read
NEW Zealand’s Port Nelson has announced its logistics division QuayConnect will develop an inland port in the Marlborough region. The development is part of Port Nelson’s wider...
New Zealand wine exporters to benefit from new inland port

FMC determines recent high freight rates are product of market forces

4 mins read
THE US Federal Maritime Commission has determined that high ocean freight rates since the pandemic started are the product of supply and demand market forces. In its Final report...
FMC determines recent high freight rates are product of market forces

10 magenta mega-ships ordered

1 min read
OCEAN Network Express has signed shipbuilding contracts with both Hyundai Heavy Industries and Nihon Shipyard to build five vessels each, adding a total of 10 modern very large...
10 magenta mega-ships ordered

Maersk pulls plug on two Oceania services

1 min read
MAERSK announced on Wednesday that it would terminate two services in Oceania: the Polaris and the Sirius Star. The company cited continued schedule disruption and terminal...
Maersk pulls plug on two Oceania services

Wild weather hampers freight operations at Botany

2 mins read
WILD weather in eastern New South Wales is affecting the flow of cargo through the state’s ports. The weather has affected all three container terminals at Port Botany, albeit to...
Wild weather hampers freight operations at Botany

Australian ports show little improvement in this year’s Container Port Performance Index

4 mins read
AUSTRALIAN ports improved little in the second edition of the global Container Port Performance Index (CPPI), compared with last year’s edition. The World Bank and S&P Global...
Australian ports show little improvement in this year’s Container Port Performance Index