Asia

05 Feb 2016
Singapore Post’s steady expansion into e-commerce and logistics lifted the company’s nine-month net profit by almost 18 percent to $101.9 million from April through October, with 40 percent of the revenue coming from overseas.
05 Feb 2016
Japan’s government has drawn up the drafts of guidelines and revised ministry ordinances, which contain penalties and variation between the verified gross mass and actual weight of a container, for the smooth implementation of the International Maritime Organization's looming Safety of Life at Sea, or SOLAS, container weight rules.
05 Feb 2016
South Korea’s Hanjin Shipping has introduced a new container service at Krishnapatnam Port, a fast-growing alternative, minor, cargo gateway on India’s southeastern coast.
05 Feb 2016
APM Terminals-operated Gujarat Pipavav Port is making a strong pitch for more roll-on, roll-off traffic, as the minor cargo facility on India’s west coast struggles to grow its container volumes amid sluggish global demand.
05 Feb 2016
Indonesia is expected to continue to disallow majority foreign ownership of its ports when it releases a revised version of its list of limits on foreign participation in the economy due to be issued in the coming week.
05 Feb 2016
Hong Kong’s largest air cargo terminal has teamed up with a Pearl River Delta ocean shipping and logistics heavyweight to increase its regional reach and drive up air freight business through the airport.
04 Feb 2016
The Indian federal government on Wednesday approved a proposal allowing the Ministry of Railways to set up joint ventures with various state government agencies for the development of rail infrastructure projects in the country.
04 Feb 2016
DP World Nhava Sheva, which last month fought a long battle to end slowdowns brought on by industrial unrest, has upgraded its automated gate systems, allowing much faster truck turnarounds at India’s biggest container gateway, Jawaharlal Nehru Port Trust.
04 Feb 2016
Two of Japan’s big three shipping lines sailed into the crosshairs of Moody’s ratings agency, with the outlook of Mitsui O.S.K. Lines being reviewed to negative and K Line heading for a downgrade as weaker than expected profitability clouded their 2016 prospects.
03 Feb 2016
The precipitous drop in Russia’s container traffic last year due to its slowing economy and Western sanctions has created a shortage of containers estimated at 400,000 for Moscow shipping companies, and it could continue to grow.
03 Feb 2016
In an attempt to ease congestion at terminal gates and reduce wait times for drayage, customs authorities at Jawaharlal Nehru Port Trust, India’s biggest, public, container gateway, have done away with the procedure requiring truckers to present gate-in permits issued electronically in hard copy form.