TT Line in debt for decades
TASMANIA’s government-backed lender TASCORP does not expect Bass Strait ferry operator TT Line’s debt to be cleared until 2052. Appearing before the Parliamentary Public Accounts...
TS Lines up good first half
HONG Kong-based, Taiwan-owned TS Lines has managed a first half boost to revenues and profits despite actually carrying fewer containers. For the six months ended 30 June 2026,...
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Intermodal boost for Aurizon
RAIL giant Aurizon is seeing continued growth in its intermodal business, with contract wins and volume boosts in its north-south and east-west services. Aurizon group executive...
COSCO 1H: revenues up, profits down
COSCO Shipping Holdings “sustained its industry-leading financial performance” in the first half of 2026, after a strong turnaround in the second quarter. In the first half of...
OOCL 1H: Profits down, revenues up
IN LOCKSTEP with parent COSCO Shipping Holdings, Orient Overseas International Ltd (OOIL) has seen first half profits eroded by additional costs but recorded new highs in revenue...
$23.7m Trilogy fund targets Port of Darwin logistics
TRILOGY Funds has opened a $23.7 million capital raise for a new unlisted industrial property fund centred on one of Australia’s most strategically important maritime logistics...
Höegh’s Q2 profits hit the skids
HÖEGH Autoliners has described its second quarter results as “solid”, despite recording sharp falls in year-on-year EBITDA and profit. Second quarter 2026 gross revenue was USD...
ZIM zooms in second quarter
ZIM Integrated Shipping Services almost tripled net income in the second quarter of 2026, helped by a strong presence in the healthy trans-Pacific trade and rising freight rates....
Tasmanian seaborne trade steady in 2025-26
TASPORTS says Tasmania’s trade performance demonstrated resilience in 2025-26, with total freight volume broadly stable at 14.28 million tonnes while container numbers increased...
Mixed results for Asian container lines
LEADING Asian carriers have mostly recorded dire first-half results but are hoping the second quarter recovery trend has put them on track for strong full-year results. Evergreen...
ONE’s first quarter prompts upward revision
JAPAN-owned, Singapore-based Ocean Network Express (ONE) has tripled its full-year profit expectations after seeing a strong turnaround in the first quarter of its financial year....
Record year for Lyttelton
LYTTELTON hit the accelerator in the 2025/26 financial year with the port company achieving new records across profit, revenue and dividends for the second year in a row....
WA majors ride price volatility as Woodside posts $6b quarter
WESTERN Australia’s biggest mining and energy companies have delivered a mixed bag of results. Woodside Energy led the pack, reporting a 28% jump in quarterly operating revenue to...
CMA CGM soars in second quarter
GLOBAL number three container line CMA CGM turned in impressive results for the second quarter of 2026, reporting a 42.4% increase in shipping EBITDA year-on-year, to USD 2.26...
Hapag-Lloyd sees significant Q1 profit drop
HAPAG-Lloyd has declared its first quarter 2026 results “unsatisfactory” after Group profit fell markedly below Q1 2025 earnings. Nevertheless, or maybe because of Q1, the company...
