Asia

Asia

17 Sep 2014
China Cosco Holdings will splash out $618million on five 14,500 TEU vessels that will be built by CSSC’s Jiangnan Changxing Shipbuilding yard as the mainland’s largest carrier continues to upgrade its fleet in an attempt to arrest declining profitability.
12 Sep 2014
Taiwanese ocean carrier Yang Ming Line has confirmed that the fixed-rate time charter terms for five 14,000-TEU container ships, currently being built by CSBC Corp., will be extended to 10 years, with one two-year option, according to Seaspan.
12 Sep 2014
All major trade lanes saw a dip in spot rates for the week ahead, according to the latest reading of the Shanghai Containerized Freight Index...
Ocean carrier rate revision roundup for Sept. 12
12 Sep 2014
Multiple container lines have planned general rate increases in numerous trade lanes in September and October...
12 Sep 2014
One country has massive terminal overcapacity that will depress the business for years, while the other has a desperate need for huge investment in its container ports to cope with growing trade. Vietnam and Indonesia are on opposite sides of the port capacity scale, but both Southeast Asian nations are facing formidable challenges.
12 Sep 2014
A navel-gazing session by container shipping companies on the need for improved product differentiation and better service did little to impress an audience of customers and industry experts here this week.
11 Sep 2014
Three global funds will invest $700 million in XPO Logistics, accelerating the fast-growing company's acquisition plans for 2014.
Nicaragua Canal route map
11 Sep 2014
Construction on the controversial Nicaragua Canal will begin in December, a member of the Nicaragua Grand Canal Commission has confirmed.
11 Sep 2014
Congestion at the Port of Manila could last well into the first quarter of 2015, Philippine officials say, desp
11 Sep 2014
The Kremlin has approved Russian Railways’ financial contribution to an intermodal joint venture with the state railroads of neighboring Belarus and Kazakhstan...
11 Sep 2014
China’s logistics property investment is continuing at a rapid pace as retailers sign leases for specialised distribution centres to support their mainland expansion plans.