Asia

Asia

31 Jan 2015
Japan's Imabari Shipbuilding Co., Ltd. says it has secured orders for 11 containerships with capacities of 20,000 twenty-foot-equivalent units, and is adding a large dry dock for their construction.
31 Jan 2015
Blue Dart Express, India’s leading air express and logistics service provider, reported a 19 percent rise in net income to Rs. 27.13 crore (US $4.4 million) for its third quarter, which ended Dec. 31.
31 Jan 2015
Japan's three major diversified ocean carriers -- Mitsui O.S.K., NYK Line and “K” Line” -- posted profits for t
30 Jan 2015
Strong gains across multiple segments, particularly intermodal, fueled a 70 percent year-over-year increase in Gateway Distriparks Ltd.’s consolidated net earnings in its third fiscal quarter, which ended Dec. 31.
30 Jan 2015
Orient Overseas Container Line (OOCL) saw its revenue rise by 3.5 percent in 2014 to $5.8 billion as the carrier transported 5.5 percent more containers than in the previous year, according to the line’s latest operational update.
30 Jan 2015
On the eve of a host of planned general rate increases, Asia-North Europe spot rates tumbled 8.2 percent this week, shedding most of the sharp gains made since mid-January, according to the latest reading of the Shanghai Containerised Freight Index (SCFI).
30 Jan 2015
Hanjin Shipping ended 2014 with a loss of $386 million, a result that was still an improvement of 37.8 percent over 2013 and was achieved on the back of a vastly improved operating result.
29 Jan 2015
Apple has released its smartphone data for the fourth quarter of 2014, and while soaring sales of the iPhone 6 doubled its market share in China, the numbers also illustrate the close correlation between the air cargo industry and the constantly evolving mobile phone business.
29 Jan 2015
China once again delayed implementation of its advanced vessel manifest filing rule, putting off a requirement that if and when implemented will require shippers to submit shipping instructions to their carriers days earlier than they do currently.
29 Jan 2015
China Cosco Holdings ended 2014 in profitable territory, growing its net earnings by 50 percent to $56 million on the back of cost cuts, improved revenue and lower bunker fuel prices.
29 Jan 2015
Container carriers and logistics service providers in Asia are confident that the steady growth in exports from China will not be heavily impacted by a slowing of the mainland economy.