Asia

Asia

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) reported revenue of $5.8 billion in 2014, an increase of 3.5 percent that was achieved by the transport of 5.5 percent more TEUs than during 2013.
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.
28 Jan 2015
Capacity additions and a significant acceleration in cargo volumes helped drive strong third-quarter results for Adani Ports and Special Economic Zone (APSEZ), India’s largest private port infrastructure developer.
28 Jan 2015
Evergreen Marine Corp. on Wednesday finalized plans to charter an 11-strong fleet of 18,000 TEU ships, becoming the latest carrier to deploy ultra-large container vessels but raising questions about how appropriate such ships designed for an era of slow steaming are after the recent plunge in oil prices.
28 Jan 2015
Cathay Pacific’s new air cargo terminal in Hong Kong handled 1.45 million tons during 2014 in its first full year of operation.