Asia

Asia

28 Aug 2014
The container sale and leasing business is not benefiting from rebounding trade volumes on major east-west routes as low rental yields and falling prices in a lacklustre shipping environment put the squeeze on the global market leaders.
25 Aug 2014
Middle East-based Simatech Shipping has announced the launch of a fortnightly feeder service linking Dakshin Bharat Gateway Terminal, a new private facility in India’s Port of Tuticorin (V.O. Chidambaranar), with Colombo, Sri Lanka, starting this month.
25 Aug 2014
German-Russian business ties were on full display at a reception in St. Petersburg hosted by the Port of Hamburg, where politics was a main theme of discussion.
Edith Maersk
25 Aug 2014
The persistent congestion clogging major gateway ports in the U.S. and Europe is raising a debate about whether it’s just peak-season volumes causing delays in import shipments or the inability of ports to handle the sharp growth in container ship sizes.
Containers in port
25 Aug 2014
Cargo is being rolled and space allocations are being cut on trans-Pacific eastbound services as capacity continues to tighten to the U.S. East Coast. Space to the U.S. West Coast is also extremely tight, shippers say, reflected in stronger volumes moving through West Coast ports.
24 Aug 2014
Carriers in the east-west head-haul trades may opt to cancel fewer sailings this year in response to reduced volumes of China during the country’s Golden Week holiday in early October.
Weekly wrap-up for Aug. 23, 2014
23 Aug 2014
In the latest instance of drayage-related disruption, violence flared at Ningbo’s Beilun Container Port as thousands of striking truck drivers clashed with riot police and smashed the windshields of trucks crossing a picket line. The past week’s protests brought the world’s sixth-largest container port to a standstill, with carriers reportedly diverting ships.
22 Aug 2014
APL and OOCL have imposed surcharges on import containers bound for India’s northern hinterland region.
22 Aug 2014
Containerized furniture imports into the United States saw growth in the first half of 2014, as a strong number of shipments in the second quarter offset weak volumes in the first quarter.
SCFI: Asia-Northern Europe
22 Aug 2014
Another week of volatility in the spot market has brought container rates down over all of the major trade lanes, according to the latest readings of the Shanghai Containerized Freight Index.
22 Aug 2014
CMA CGM, China Shipping Container Lines, Orient Overseas Container Lines and Pacific International Lines have plans to launch a joint service connecting Northeast Asia, Australia and New Zealand.