DP World and the Maritime Union of Australia (MUA) say they expect to finalize an employment agreement covering the terminal operator's Port Botany facility in Sydney next week.

Australian shippers are breathing a sigh of relief, at least for now, after a court order was issued preventing longshore workers from striking against DP World Australia amid an ongoing 16-month contract dispute.

Australian shippers are taking a wait-and-see approach to a review by the country’s competition watchdog on whether to continue the class exemption for container shipping companies from competition laws. The head of the government panel says those exemptions are becoming “harder to justify.”

WWO says it will fully cooperate with Australia’s ongoing ro-ro cartel investigation that had already ensnared Japanese firms NYK and “K” Line.