Asia

15 Apr 2014
The number of foreign trade containers handled by the Port of Kobe in western Japan fell for the second year in a row in 2013, according to figures released by the Kobe municipal government.
07 Apr 2014
Hapag-Lloyd was first carrier to announce the westbound May rate increases even as April 1 GRIs struggle to lift a market weighed down by overcapacity and weak demand.
07 Apr 2014
Foreign investment in the five founding members of ASEAN, the Association of Southeast Asian Nations, last year topped $128.4 billion, five times the 2001 level, Merrill Lynch economist Chua Hak Bin said in a report carried today by the South China Morning Post.
Valencia’s Port Container Terminal
07 Apr 2014
A consortium of Japan’s Mitsubishi Corp. and Kamigumi Co. has acquired a 25 percent stake in Spanish container terminal operator TCV Stevedoring Company S.A. (TCV), Mitsubishi said today.
07 Apr 2014
Gefco, the global auto logistics group, posted record revenue of €4 billion ($5.5 billion) in 2013 and said it plans to double sales by 2020 by spreading its geographical footprint and moving into new industrial sectors.
07 Apr 2014
The Marine Department is waiting for the owners of the Hansa Constitution, which ran aground on the south side of Hong Kong island yesterday, to make a decision on how the vessel’s cargo of containers will be removed.
06 Apr 2014
The German-flagged container ship Hansa Constitution veered off course in the busy Lamma Channel off Hong Kong and ran aground on Sunday afternoon.
05 Apr 2014
The volume of export and import containers handled at major ports in India slid 3 percent year-over-year in fiscal year 2013-14, from April 2013 to March 2014, but total cargo tonnage inched up 1.78 percent, according to the latest traffic data released by the Indian Ports Association.
The SCFI for North Europe rose 2.3 percent in the week ending April 4.
04 Apr 2014
Spot container freight rates from Shanghai to northern Europe ports measured by the Shanghai Containerized Freight Index held on to gains achieved from April 1 general rate increases...
03 Apr 2014
Mundra Port, a non-government marine terminal on India’s west coast, handled a record 100 million tons of cargo in fiscal
03 Apr 2014
DHL Global Forwarding, named on April 1 by Singapore’s competition watchdog as one of 11 forwarders involved in 2002 to 2007 price-fixing of Japan to Singapore shipments, said the economic effects of its activities were “minimal.”

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