Starting June 9, Cosco and ANL will jointly operate Sino Australia Service with six vessel deployments, including five vessels from Cosco and one from ANL.
Asia
Press Releases
17 May 2013
APL will boost rates for dry and refrigerated cargo in its trade from Asia, Australia, East Africa, the Middle East and West Asia to Chile, Colombia, Ecuador and Peru, starting June 1.
17 May 2013
Mediterranean Shipping Co. will increase rates on three of its trade routes, effective June 1...
17 May 2013
Cosco Container Lines will hike rates for all shipments, including refrigerated cargo, in its trade from the Far East to South America’s east coast, starting June 14.
17 May 2013
Hapag-Lloyd will boost rates for all cargo and container types on its trade from East Asia, excluding Japan, to the Persian Gulf, effective June 1.
17 May 2013
The Shanghai Containerized Freight Index saw further rate erosion in European lanes, pulling the overall SCFI index below the $1,000 per 20-foot container mark for the first time since February 2012, to $990.78.
17 May 2013
Shanghai Containerized Freight Index spot rates for U.S.-bound trade lanes slightly increased in the week of May 17, following five weeks of declines.
17 May 2013
Fesco, the operator of Russia’s largest ocean carrier, has successfully sold $75 million of corporate bonds, just weeks after it closed on a $800 million bond sale.
17 May 2013
Backhaul rates from Los Angeles to Shanghai saw a 7.6 percent increase in the week of May 16, according to the latest release of the World Container Index.
16 May 2013
Transport Corp. of India reported its group net profit in fiscal year 2012-13, which ended March 31, 2013, was $12.86 million, jumping 17 percent from $11 million in 2011-12.
16 May 2013
DHL Supply Chain plans to invest €10 million (approximately US$13 million) to expand its presence in Vietnam over the next couple years.
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