Asia

Asia

05 May 2015
Eastbound trans-Pacific liner reliability has improved for the first time this year, but liner reliablity on the opposing direction fell to the lowest point since JOC.com began collecting SeaIntel data in August 2011.
05 May 2015
Freighter operator Cargolux has launched a new twice-weekly air service between Chicago and Zhengzhou, China.
05 May 2015
The export growth rate of emerging markets in the last 20 years will not be seen in the next two decades as rising wages make outsourcing less attractive and new technologies such as 3D printing start to gain more traction, according to researchers.
05 May 2015
There is little sign of China’s factories ramping up production for the mid-June start of the peak ocean shipping season as factory activity stumbles to its lowest level in a year.
04 May 2015
Trans-Pacific ocean carriers have been digging in their heels to get rate increases in their 2014-2015 trans-Pacific ocean contracts and have been getting increases in some cases, especially on routes from Asia to East Coast ports. But rates negotiated for shipments from Asia to West Coast ports have been flat or lower than last year in some cases when bunker fuel surcharges are included in the rate.
04 May 2015
Capacity additions coupled with higher cargo volumes fueled a 33 percent year-over-year jump in Adani Ports and Special Economic Zone’s consolidated net earnings in fiscal year 2014-15, which ended March 31.
04 May 2015
The first major step towards Indonesia’s goal of building a huge maritime network across the island nation will be made later this year when the Indonesia Ports Corporation (IPC) nominates a single contractor to deliver 35 new or improved ports.
02 May 2015
$1.1 billion terminal operator ICTSI sold its stake in a Japanese container terminal on Okinawa to focus on other global port operations.
02 May 2015
A deeper channel and additional berths will help South Korea's Busan Port Authority keep up with rising container volumes and bigger box ships.
01 May 2015
Vessel operators are being warned against transit in the Strait of Hormuz, three days after a Maersk Line cargo ship was fired upon and seized by the Iranian Revolutionary Guard.