Asia

Asia

28 Apr 2015
There used to be few alternatives to manufacturing in China, but this infographic details how rising production costs in the "Factory of the World" is allowing sourcing competitors to threaten that dominance.
28 Apr 2015
Major ocean shipping companies are warning customers using Jawaharlal Nehru Port Trust — India’s biggest container handler — to expect service delays this weekend in response to a 12-hour power outage planned by local authorities May 1 for electrical upgrades in the harbor.
Maersk container ship
28 Apr 2015
Mega-vessels deployed in the Asia-Europe trade are overlapping intra-Asia routes and compounding the influx of capacity cascading into the regional trade from oversupplied east-west routes.
28 Apr 2015
The bull run enjoyed by Asian air cargo since the last quarter of 2014 could not last forever, and after a robust first two months of the year, sharply slowing demand in March brought the business back to Earth with a bump.
27 Apr 2015
Spot rates in the China-U.S. East Coast lane are falling back down to historical levels, a sign that vessel diversions driven by West Coast congestion may be easing.
27 Apr 2015
Saudi Global Ports has opened its newest container terminal in Dammam’s King Abdul Aziz Port.
27 Apr 2015
U.S. consumer spending and new homebuilding are forecast to grow so steadily this year that imports from Far East Asia are likely to grow by a faster-than-expected 4.5 percent, year-over-year.
27 Apr 2015
Adani Ports and Special Economic Zone, India’s biggest private port infrastructure developer, is poised to snap up another container port contract in the country.
CSCL Globe, China Shipping container ship
27 Apr 2015
China Shipping Container Lines in the first quarter continued its profitable turnaround that began with a positive 2014 annual result, reporting a 305 percent increase in net profit to $40 million.
HIT in Hong Kong
27 Apr 2015
Hutchison Port Holdings Trust recorded a fall in first-quarter net profit of 49 percent, as a one-off gain in March last year and slowing foreign trade hit the performance of its Pearl River Delta terminals.
27 Apr 2015
Cosco Pacific shrugged off concerns of a slowing China as its first-quarter net profit surged almost 20 percent and container volumes grew by 6.6 percent compared to the first three months of last year.