Australia/Oceania

Australia/Oceania

13 Sep 2022
An eight-month probe into Australia's maritime industry was launched after complaints by shippers into soaring freight rates and ancillary fees.
12 May 2021
Project cargo shipper Fluor added a refinery project to its work backlog, but lost a chemicals project during a choppy first quarter as COVID-19-driven delays took a toll.
11 May 2021
Though posting first-quarter losses, there's no sign of demand relaxing as wind turbine orders expand backlogs for Vestas and GE Renewables.
29 Apr 2021
China’s Cosco Shipping Holdings has joined Maersk in posting a highly profitable first quarter result, and has predicted the positive earnings momentum will continue.
12 Feb 2021
Forwarders are viewing traditional backbone operating systems not as a one-stop technology shop, but rather as a vehicle to attach complementary tools that help them serve shipper customers better.
05 Feb 2021
Regulators have now fined ocean carriers Wallenius Wilhelmsen Ocean (WWO), NYK RORO, and “K” Line a total of $63 million for price fixing on vehicle shipping services on routes to Australia.
04 Feb 2021
As congestion and rate pressure continue to squeeze the container market, some breakbulk cargo is shifting out of boxes back to ro/ro.
15 Jan 2021
High box rates and congestion woes are driving container-side shippers to the breakbulk sector for relief.
15 Jan 2021
A fourth quarter operational update from OOCL gives the first glimpse of what to expect from carriers as they head for a highly profitable year.
11 Jan 2021
Rising short-term charter rates and recovering cargo volumes are leading ro-ro carriers to reactivate ships in cold lay-up since early 2020.
04 Jan 2021
This would be the fourth attempt at an IPO from Zim since 2008, but the carrier will go to the market this time riding a wave of record profits for the company.