DHL Group expands airfreight cold chain network
DHL GROUP says it has announced “major steps” to strengthen its life sciences & healthcare (LSH) logistics capabilities with an expanded dedicated airfreight cold chain network....
Austal USA boss departs in wake of accounting blunder
SHIPBUILDER Austal’s US president, Michelle Kruger, is to leave the company in the wake of last week’s admission that an accounting blunder had slashed $110 million from its 2026...
Major drug shipment foiled, eight jailed over failed import
EIGHT men have been jailed following an international investigation into an organised crime syndicate's failed plot to ship more than six tonnes of methamphetamine into Australia....
Hapag seals ZIM deal
AS FORESHADOWED yesterday Hapag-Lloyd has signed an agreement to acquire 100% of the shares in ZIM Integrated Shipping Services, but the carriers will remain competitors until the...
Wallenius Wilhelmsen reports “firm performance” in 2025
OSLO-based automotive supply chain specialist Wallenius Wilhelmsen has pronounced its satisfaction with its 2025 results, saying it has “used the cycle to strengthen and...
BigLift places big order
THE NETHERLANDS’ BigLift Shipping, part of the Spliethoff Group, has turned to China’s Dalian Shipbuilding Offshore Co for what it calls “a strategic expansion” of its heavylift...
Here’s the drill: Transocean buying Valaris
TWO of the world’s biggest drilling fleet owners/operators active in Australasian waters are combining their interests in an all-stock buy-out/merger that values the resulting...
Hapag-Lloyd breaks cover on ZIM buy
IN WHAT is being acclaimed as a clever navigation of a difficult situation Hapag-Lloyd has announced it is in advanced negotiations for a potential acquisition of Zim Integrated...
Hobart’s LSA wins major Canuck contract
HOBART’s Liferaft Systems Australia (LSA) has signed a lucrative new contract with long-term customer BC Ferries of Canada to marine evacuation systems (MES) for four new ferries...
Global logistics figure quits after Epstein files release
A SIGNIFICANT investor in Australian logistics has welcomed a decision by Sultan Ahmed bin Sulayem to quit as DP World chair and chief executive after being named in...
Austal US accounting blunder leads to 25% fall in stocks
AN ACCOUNTING blunder in West Australian-based shipbuilder Austal’s US division has resulted in a US$17.1 million overstatement in the company’s FY2026 EBIT guidance. In a...
InCat safely evacuated
A SIGNIFICANT safety milestone has been completed at Incat Tasmania’s Hobart shipyard today, with the successful deployment of the Marine Evacuation System (MES) aboard Hull 096,...
APAC air freight demand rises ahead of Lunar New Year
A SURGE in demand for goods has been reported across the Asia-Pacific region, as customers get in ahead of Lunar New Year and the closure of key factories, market analysts C.H....
Austal starts work on biggest vessel so far
WEST Australian-based shipbuilder Austal has begun work on the biggest vessel it has ever built. The project at Austal’s Philippines shipyard is for construction of Horizon X, the...
January air cargoes soar, but China’s e-commerce exports return to Earth with a thud
AN EARLIER Lunar New Year has been labelled a factor in strong demand for global air cargo during January 2026, industry analysts Xeneta say. Xeneta noted storm clouds on the...
