Market diversity strategy boosts Qube
A STRATEGY aimed at diversifying by market and geography has been listed as a strong factor in business growth for logistics company Qube Holdings during the 2025 financial year....
OOCL booms in first half
HONG Kong-headquartered Orient Overseas International Holdings has reported a strong first half for 2025, driven by significant gains for OOCL, and says the Group financial...
World Container Index – 21 August 2025
DREWRY'S World Container Index decreased 4% to $2,250 per 40ft container this week. Source: Drewry World Container Index Drewry's World Container Index (WCI) declined for the...
Police seize more shipping container drugs
POLICE have made another Sydney seizure of drugs in a shipping container. The Australian Border Force (ABF) intercepted the container and examined it in April 2025, after it...
Dire 2Q fails to dim ZIM
LIKE many other carriers Israel’s ZIM saw a drastic downturn in key metrics during 2Q 2025 but the first half overall was mildly positive. Net income for the second quarter was...
$26 million haul of cocaine seized from Port Botany container
POLICE have seized 80kg of cocaine found in a shipping container at Port Botany on 11 August and are asking for anyone with information to come forward. Australian Border Force...
Record container exchange at East Swanson Dock
PATRICK Terminals has completed its biggest single container exchange ever at its Melbourne terminal. It exchanged 11,000 TEUs from the Conti Annapurna at the East Swanson Dock in...
DP World completes Silk takeover
DP WORLD Australia now owns 100% of Silk Logistics Holdings. The transaction has been completed through a scheme of arrangement that has been fully implemented making Silk a...
Evergreen joins 2Q sliders
TAIWAN’s Evergreen Marine Corporation has joined compatriot Asian lines in reporting a much weaker second quarter in 2025, compared to the same period in 2024 and the prior...
Koala bears down on Melbourne
MSC will expand its China-Australia Koala service by adding weekly Melbourne calls from the end of September. Koala was launched in late October last year, initially calling...
Hapag’s volatile H1 dragged down by 2Q
HAPAG-Lloyd has attributed contrasting results in the first two quarters of 2025 to US tariff policies that led to volatile development in demand and freight rates overall in H1....
World Container Index – 14 August 2025
DREWRY'S World Container Index decreased 3% to $2,350 per 40ft container this week. Source: Drewry World Container Index Drewry's World Container Index (WCI) declined for nine...
Rise in container volumes boost DP World’s half year results
TERMINAL operator DP World has defied geopolitical strife and trade policy uncertainty to post a 5.6% rise in container volumes for its half year results. Click on image to view...
1 September for next rate push
ASIA-Australia trades are again the main focus of the latest round of rate restorations, most of which are scheduled for 1 September. Carriers appear intent on consolidating...
Sad Q2 for HMM and Yang Ming
SOUTH Korea’s HMM and Taiwan’s Yang Ming Line have managed to stay in profit in the first half of 2025 but dire second quarters have dragged results down substantially. HMM saw 2Q...
