Asia

Asia

29 May 2015
Etihad Airways’ cargo revenue topped $1 billion for the first time in 2014 as freight traffic grew four times faster than the global market to reach an all-time high.
29 May 2015
Indonesia’s plans to invest in infrastructure will pay off as the Southeast Asian country attracts cost-driven manufacturers moving their production out of China, according to Jakob Sorensen, president director of Maersk Line Indonesia.
29 May 2015
Toll Group began operating under the Japan Post flag today as president and CEO Toru Takahashi announced the new board that will provide governance to the Melbourne-based logistics company.
28 May 2015
Two of Israel’s largest seaports remained closed Thursday after dockworkers defied a court order, leaving their posts in opposition to new government contracts with private port operators.
Panama Canal transit
28 May 2015
The expansion of the Panama Canal early next year will make an enormous quantity of container ship tonnage available for services that transit the canal, wiping away current capacity restrictions that restrict usage to only small and inefficient ships by today’s standards.
Protests in India
28 May 2015
Civil unrest in parts of India is causing rail freight traffic chaos in the country’s busiest northern corridor linking hinterland points around Delhi and major gateway ports on the west coast, including the largest port of Nhava Sheva.
28 May 2015
Terminal operators and logistics industry executives in Hong Kong must have thrown up their hands in frustration during a welcome address by the city’s Secretary for Transport and Housing Anthony Cheung at the inaugural Global Port Research Alliance conference held here recently.
27 May 2015
China is looking at investing in the outer reaches of the One Belt One Road trade footprint as state-owned China Merchants Group considers a deal with Lithuania’s port of Klaipeda on the Baltic Sea.
27 May 2015
Gulf states in the Middle East are expanding capacity and investing billions of dollars in their ports to accommodate booming traffic in the Asia-Europe trade lane.
27 May 2015
Shreyas Shipping and Logistics swung to a net profit of Rs. 61.75 crore (about $9.6 million) in the fiscal year ended March 31, a big turnaround from its loss of Rs. 4.32 crore ($675,000) in the previous year.
27 May 2015
Guangzhou Port Group has announced plans to invest $484 million to expand the deepwater channel of the port to meet the demand for two-way transport of large vessels.