News
No escape for OOCL in 2025
OOCL’s deepening relationship with parent COSCO Shipping has not fully protected it from the general downturn container lines faced in 2025 but its just released results are...
Freight group calls for easing of heavy load vehicle restrictions
WHILE disruption to road freight has been minimal following the closure of the Fremantle Traffic Bridge, the Container Transport Alliance Australia (CTAA), Freight & Trade...
World Container Index – 12 March 2026
DREWRY'S World Container Index (WCI) increased 8% to $2,123 per 40ft container, mainly due to a sharp rise in rates on the Asia–Europe route, alongside gains on the Transpacific...
Australia a small fish in DP World
AUSTRALIA is small fry in the global realm of DP World. Lumped in with the Americas in its 12 March financial results for 2025, DP World reported the two territories combined had...
ZIM takes a beating
ZIM Integrated Shipping Services, due to be largely absorbed by Hapag-Lloyd later this year, has reported a sharp fall in profitability for 2025 and, like many other carriers, a...
CMA CGM’s 2025: Solid results driven by shipping
CMA CGM chairman and CEO Rudolphe Saadé is confident the group’s strategy remains on course, despite an environment marked by significant geopolitical uncertainty. Addressing the...
ICTSI reports huge 2025
INTERNATIONAL Container Terminal Services, Inc., parent of Melbourne’s Victoria International Container Terminal, achieved major uplifts in throughput, revenues, EBITDA and...
World Container Index – 5 March 2026
DREWRY'S World Container Index increased 3% to $1,958 per 40ft container due to an increase in rates on the Transpacific trade routes. Source: Drewry World Container Index Spot...
China-Australia rates rebound as carriers seek new increases
FREIGHT rates have bounced back on the key China-Australia trade route with the Week 10 mean sitting at USD1,420/FEU, up from the USD1,376/FEU that prevailed in Weeks 9 and 8....
OPINION: The illusion of oversupply
FOR most of this year, container shipping was bracing for the opposite problem.. too much capacity. New ships hitting the water, pressure on rates, and a long-awaited return to...
Westport seeks business to help shape commercial services
WESTERN Australia’s planned new container port Westport is advertising for businesses looking to shape commercial activities at the port. Westport's Program Management and...
World Container Index – 26 February 2026
THE DREWRY World Container Index (WCI) fell 1% to $1,899 per 40ft container for the seventh consecutive week due to a decrease in rates on the Transpacific and Asia–Europe trade...
New number ONE announced
JEREMY Nixon, the man who engineered and led the consolidation of the three major Japanese shipowners’ container businesses into Ocean Network Express, will step down as CEO on 1...
Down down, freight rates are down
CARRIERS are resorting to almost meaningless inbound rate restoration attempts in a move watchers say means the situation has reached an “any little bit helps” situation....
OPINION: The landside cost shift - a practical view from the supply chain
THE CURRENT debate around port productivity and container terminal performance is important. But productivity is only one part of the equation. For cargo owners, particularly...
