Asia

Asia

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.
27 May 2015
Intra-Asia freight rates have fallen off a cliff during May on some of the regional routes, with China to Japan spot rates falling by up to 75 percent compared to the same month last year as capacity pours into the trade.
27 May 2015
It is unlikely to be casual Friday on May 28 as the new Japan Post-owned Toll Group marks its first official business day.
26 May 2015
Vessel reliability in the trans-Pacific trades is beginning to improve now that West Coast labor issues have been resolved, but it still has a long way to go before it is acceptable, metrics provided by Seaintel Maritime Analysis and the Marine Exchange of Southern California show.