Record revenue for DP World
DP WORLD has reported a record $20 billion revenue and record EBITDA of $5.5 billion for 2024. In a release announcing the new records, the UAE-based company said revenue had...
Record volumes fuel ZIM success
RECORD carried volumes helped global container line ZIM Integrated Shipping Services to its best-ever results in 2024. In its 2024 and fourth quarter financial report released on...
US crams imports ahead of tariff confusion
US IMPORTERS have been doing their best to anticipate the possible impact of Donald Trump’s on-again, off-again, on-again tariffs, pulling elevated levels of containers in through...
UK collision: containership aground, master charged
THE UK’s Marine Accident Investigation Branch of the Department of Transport is just one of several bodies now undertaking investigations into the Monday [UK time] collision...
Austal raises $200 million for US expansion
SHIP BUILDER, Austal has raised $200 million to expand its US ship building capability at its Mobile, Alabama shipyard. The capital will be used to fund the FA2 infrastructure...
Hanseatic joins in on container expansion
HANSEATIC Global Terminals have joined the list of container lines expanding vertical penetration of the supply chain by acquiring a majority stake in terminal operator CNMP LH in...
North Sea collision highlights safety issues
A MAJOR collision in the North Sea between a cargo ship and a fuel tanker has highlighted the dangers of crowded sea lanes. The stationary tanker was carrying jet fuel for the US...
Svitzer records first year solo profit
THE END of marine services group, Svitzer’s 45-year association with A.P. Møller - Mærsk A/S ownership was marked with its first annual report. The 2024 report recorded a year of...
HPH SALE: AUST IMPLICATIONS YET TO UNFOLD
AS NEWS OF CK Hutchison’s decision to offload the majority of Hutchison Port Holdings’ global network of ports and terminals to a Black Rock/GIP-MSC consortium continues to...
SPIRIT IV COMING HOME BUT NOW SPIRIT V MAY BE LEASED
JUST DAYS after confirming TT Line newbuild Spirit of Tasmania IV will be repatriated to Hobart from its Scotland sojourn transport minister Eric Abetz has floated the notion...
NT HEAD TO CANBERRA FOR PORT OF DARWIN TALKS
CHINESE ownership of the Darwin Port is again under scrutiny. Northern Territory representatives are heading to Canberra on Thursday for discussions with the federal government...
ALFRED NOW EXPECTED TO CROSS QLD COAST
THE BUREAU of Meteorology is now expecting Tropical Cyclone Alfred to cross the Queensland coast between Brisbane and the Sunshine Coast sometime from tomorrow onwards. Under...
EURO TECH COMPANIES LAUNCH SMART CONTAINER ALLIANCE
A GROUP of supply chain smart technology providers has united to form the Smart Container Alliance, a body to drive the adoption of smart container technology. The...
World Container Index continues to fall
DREWRY's World Container Index decreased 6% to $2,629 per 40ft container this week. Source: Drewry World Container Index, Drewry Supply Chain Advisors The index is now 75% below...
Port Marlborough revenue increases in H1 2025
PORT Marlborough has reported “positive progress” in its half-year report, with revenue increasing by 13% in the first half of the 2025 financial year, compared with the same...
