Asia

Asia

03 Jul 2015
China’s ability to throw staggering amounts of money at projects were on display again this week with the announcement that a state-owned investment giant will pour $113 billion into supporting the One Belt, One Road trade strategy.
30 Jun 2015
As part of Busan’s larger effort to shore up its transshipment business amid fierce competition, the Korean government has announced plans to demolish an island to allow it to better handle mega-ships.
30 Jun 2015
Kazakhstan’s national rail operator and DHL Global Forwarding have signed a memorandum of understanding that will provide the logistics operator with additional block trains on the fast-developing land bridge between China and Europe.
30 Jun 2015
The G6 Alliance continues to add port calls to its Asia-North Europe services, this time in China, in a bid to secure additional cargo loads on the trade during the much hoped for peak season.
29 Jun 2015
Minor ports in India are aggressively eating into the market share of their government-owned big rivals, as shippers and ocean carriers frustrated with growing delays at some of the leading public port complexes, including Jawaharlal Nehru Port Trust, look for alternative port options, according to an analysis of port statistics obtained by JOC.com.
29 Jun 2015
Cosco, the largest shipping group in China, is back in the corruption spotlight with the National Audit Office issuing a report that accuses the carrier of serious financial irregularities.
26 Jun 2015
Kattupalli International Container Terminal, an emerging alternative gateway on India’s southeastern coast, last week celebrated the first ship call of the SCI Middle East India Liner Express, or SMILE, an intra-regional service by state-owned carrier Shipping Corporation of India.
26 Jun 2015
Spot rates on the Asia-Europe and Asia-Mediterranean trades more than doubled in anticipation of general rate increases to be imposed next week and as carriers continued to withdraw sailings in a bit to cut back chronic overcapacity.
26 Jun 2015
Growing international transshipment numbers is key to Busan enhancing its position as the hub of Northeast Asia as a weak South Korean economy limits demand for imports and exports.
25 Jun 2015
Shanghai will allow foreign shipping companies registered with the city’s free-trade zone to offer coastal services, the latest sign of the Chinese government effort to reform its state-dominated shipping sector.
25 Jun 2015
In a significant infrastructure investment push, the government of India has approved new cost estimates for its long-planned eastern and western dedicated freight corridor projects, designed to upgrade intermodal connectivity between hinterlands and gateway ports in the country.