Asia

12 Feb 2016
DP World on Friday unveiled a plan to invest $1 billion in India over the next few years, as the Dubai-headquartered terminal operator looks to tap into potential growth opportunities in the emerging Asian economy.
12 Feb 2016
Big Port of St. Petersburg, Russia’s busiest seaport in terms of container traffic, posted a 27.8 percent year-over-year decline in container throughput for 2015 but is planning to regain its lead in the market in the coming years.
12 Feb 2016
Adani Ports and Special Economic Zone, India’s largest port infrastructure developer, recorded a big jump in its net earnings in the third fiscal quarter on the back of continued capacity expansion.
12 Feb 2016
Japan’s Kintetsu World Express saw its group revenue soar 26.3 percent year-over-year in the first nine months of fiscal 2015, which ends March 31, to 295.159 billion yen ($2.57 billion), but that wasn’t enough to stop the company from downgrading its full-year revenue and profit forecasts.
12 Feb 2016
Vietnam’s preferential access to European Union markets and those of the U.S. once free trade deals between the two blocs are ratified will accelerate growth in the country’s already booming apparel and footwear markets, believes global tag and label maker Avery Dennison.
11 Feb 2016
Shipping Corporation of India almost doubled its third-fiscal quarter net profit as cost savings, driven by lower bunker fuel prices and a change in depreciation provision, more than offset sluggish global trade and a marginal decline in operating revenue.
11 Feb 2016
Kamarajar Port Limited, which runs the port at Ennore in the state of Tamil Nadu on India’s eastern coast, is investing close to $1.2 billion in five projects that will add its first container terminal and nearly double capacity over the coming three years.
11 Feb 2016
Air India and Air New Zealand are the last two defendants in a long-running antitrust litigation brought against nearly 30 providers of air cargo services, but a nasty surprise could be in store for the carriers in a trial scheduled for September.
SOLAS VGM IMO container weight
11 Feb 2016
The Port of Felixstowe will offer a container weighing service to ensure UK shippers are able to comply with the new SOLAS container weight regulation that will be enforced from July 1, and to avoid potential export disruption.
10 Feb 2016
Amazon’s ambitions to take more control of its container shipping have become more apparent after the e-commerce giant filed an application with the Shanghai Shipping Exchange to be forwarder on 12 major routes and a 2013 internal proposal reveals its vision for a global delivery network.
10 Feb 2016
Jawaharlal Nehru Port Trust, India’s biggest, public, container handler, has relaxed conditions set earlier for using its “direct port delivery” facility for clearance of import cargo from its own terminals.