Asia

Asia

05 Mar 2015
International Container Terminal Services, Inc. (ICTSI) reported a 6 percent growth in net profit in 2014, driven by solid revenue increases in its international expansion.
05 Mar 2015
Indian dockworker unions have tentatively agreed to defer a nationwide indefinite strike that was to begin March 9 by a week, setting the stage for negotiations between the stakeholders to reach a settlement.
04 Mar 2015
Anticipating significant growth in freight traffic, the government of India will allow state-owned Railways to create a new arm to provide end-to-end logistics solutions.
04 Mar 2015
Indian dockworker union leaders and officials from the Ministry of Shipping are expected to hold talks on Wednesday in New Delhi in an attempt to avert an indefinite industrial action planned to begin March 9 at major ports, including Jawaharlal Nehru Port Trust, the nation’s largest container handler, port sources in Mumbai said.
03 Mar 2015
The 15 top container carriers are at risk of significant and damaging cyberattacks, according to the head of a leading market intelligence provider and cybersecurity firm in the industry.
02 Mar 2015
The challenges are abundant for second-tier suppliers moving west into China’s interior, a massive region rife with cheap labor but lacking necessary infrastructure and reliable transportation.
02 Mar 2015
Spot rates on the Asia to the Middle East and South Asia are being undermined as carriers on the trades struggle to maintain load factors to support freight rate increases, according to Drewry Container Insight.
02 Mar 2015
The Indian federal government pledged to go ahead with its plans to make major ports independent companies instead of government-controlled landlord ports despite fierce opposition from the highly unionized labor force.
01 Mar 2015
Air cargo leaving India has been hit with severe delays because of poor weather and the lingering impact of U.S. West Coast port congestion on world trade, according to a U.S. freight forwarder specializing in air and ocean freight in the Far East.
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.
Hanjin terminal in Port of Busan
27 Feb 2015
The Port of Busan plans to handle 20 million TEUs this year posting record volume in 2014, mainly because of healthy transshipment traffic.