Asia

20 Jan 2017
After the share price of OOCL's parent soared by 30 percent in two weeks on speculation that it is for sale, the company has said no bid for the carrier has been received.
19 Mar 2015
China is steadily adding to the rail network linking the mainland with central Asia and Europe, with a large portion of the $130 billion rail development budget for 2014 spent on improving connections in central and western parts of the country.
19 Mar 2015
The formidable challenges facing Hong Kong port were perfectly captured in the above illustration that was presented with OOCL’s 2014 financial results recently. Few, if any, ports around the world have had to cope with such a thorough change in cargo mix over a relatively short period.
18 Mar 2015
Publicly owned major ports in India reported healthy levels of container throughput growth during April 2014 to February 2015, the first 11 months of fiscal year 2014-15, compared to the volumes in the previous year, according to the latest provisional figures compiled by JOC.com.
18 Mar 2015
Japan’s exports to the U.S. rose for the sixth consecutive month in February, surging 14.3 percent to 1.215 trillion yen ($10.0 billion) on the back of brisk auto shipments, according to preliminary trade figures released by the Japanese Finance Ministry this week.
18 Mar 2015
Cathay Pacific reported a 20 percent increase in net profit for 2014 as a strong second half recovery in the cargo market helped drive up earnings to $403 million.
18 Mar 2015
A bill requiring ocean going ships to switch to low sulfur fuel while at berth in Hong Kong was tabled at the Legislative Council today and, if passed, will effectively raise the cost of shipping containers through the city even as it steadily loses market share to Shenzhen.
17 Mar 2015
Three carrier alliances are launching Asia-U.S. East Coast services that will increase capacity on the route by 6 percent, according to industry analyst Alphaliner.
17 Mar 2015
In an attempt to reduce port bottlenecks, the Narendra Modi-led Indian government has approved a special state-aid scheme for the construction of new infrastructure suitable for handling coastal vessels at publicly owned major ports.
17 Mar 2015
The government of Hong Kong has approved the building of a third runway at Hong Kong International Airport (HKIA), announcing that it would fund the $18.2 billion expansion through internal funds, external borrowings and higher user fees.
16 Mar 2015
Mexico’s recent expansion of its ban on U.S. poultry after authorities confirmed a case of bird flu in Arkansas is the latest blow to exporters whose containerized shipments have steadily fallen since China and South Korea imposed their own bans months ago.