Asia

Asia

24 Nov 2014
Evergreen Marine recorded an $80 million net profit in the three months ending Sept. 30. as the carrier added a second profitable quarter since joining the CKYH Alliance in March.
18 Nov 2014
Jawaharlal Nehru Port Trust (Nhava Sheva), India’s largest container handler, received the regulatory go-ahead to levy a new user fee to fund its “logistics data bank” project, a data processing center to track the movement of containers.
18 Nov 2014
A system aimed at expediting the customs clearance of goods traded between members of the Association of Southeast Nations will get its first test in in Malaysia, Singapore and Thailand.
17 Nov 2014
The operator of a fixed-day weekly container train recently launched between the Russian Far East and Moscow, which has handled just 1,800 TEUs to date, says heavy demand is leading it to consider doubling capacity with a second service.
17 Nov 2014
Hamburg Süd last week took delivery of the last of three 9,034-TEU ships and christened the second of them in Singapore and deployed it on its service between Asia and the East Coast of South America.
17 Nov 2014
China’s e-commerce business catches the headlines because of the sheer scale of internet shopping in the country, but the growing trend towards ordering goods online is seeing huge investment in infrastructure and technology being made outside its borders, both in Asia and in the U.S.
17 Nov 2014
Hong Kong’s container volumes continued to fall, down 3.5 percent in October and the fourth straight month the transshipment hub has recorded declining throughput.
14 Nov 2014
Carriers in the trans-Pacific eastbound trade will follow this week’s announcement of a $1,000 congestion surcharge with a proposed $1,000 per container rate increase to take effect in mid-December.
14 Nov 2014
A new China-based development bank and separate infrastructure fund, created by Chinese government to reinforce
Ocean carrier rate revision roundup for Nov. 14
14 Nov 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October and November, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
14 Nov 2014
Freight forwarding and logistics services growth fueled a 51 percent year-over-year increase in Allcargo Logistics’s consolidated net profit in its the fiscal second quarter, which ended Sept. 30.