Asia

Asia

Nhava Sheva International Container Terminal in Mumbai
28 Feb 2015
PSA International kick-started work on its $350 million expansion of Jawaharlal Nehru Port Trust after signing a contract related to dredging and reclamation work for a fourth container terminal at India’s largest container gateway.
24 Feb 2015
Less container ship capacity is expected to be scrapped this year, as the price of steel continues to drop and the pool of older vessels shrinks, analysts say.
24 Feb 2015
Trade between China and Iran has been growing at almost 40 percent a year since 2012, driven by rapidly rising consumer demand, according to a Seabury Group study.
23 Feb 2015
It is almost a year since Manila imposed the daytime truck ban that led to horrific congestion in the Southeast Asian port, but even though the terminals are making ground on the backlog of containers, yard utilisation is still at unhealthy levels.
20 Feb 2015
State-owned intermodal operator Container Corporation of India said it has helped clear out the backlog of import containers destined for Ludhiana that had stacked up at major ports on the west coast over the past few months.
19 Feb 2015
A healthier global economy, strong U.S. dollar and low fuel prices should give global logistics and transportation merger and acquisition activity a boost in 2015, according to consulting firm PwC US.
19 Feb 2015
Drayage drivers serving the port of Manila warn that new rules requiring the phase-out of older trucks will cause congestion to rear its head again at the Philippines’ largest container port.
19 Feb 2015
In an encouraging sign for the still-struggling Japanese economy, the nation’s exports got off to a powerful start this year, with shipments to the U.S. and some other major trading partners in January rising at a double-digit pace compared to the prior year.
Japan Post
17 Feb 2015
The decision by Japan state postal service to takeover regional logistics operator Toll Holdings for $5.07 billion is the second mega-logistics acquisition involving Japanese companies in as many days, and another exceptional price.
Modern Terminals at port of Hong Kong
17 Feb 2015
Hopes of a pre-Chinese New Year container volume surge through Hong Kong port were firmly dashed as the January data showed the transshipment hub actually saw a year-over-year decline of 6.1 percent during the first month.
Port of Nagoya
17 Feb 2015
Driven by firm auto shipments, the Port of Nagoya easily retained its status as the biggest export hub among Japan's airports and seaports in 2014 in terms of value, according to figures from customs authorities.