Asia

Asia

28 Nov 2014
There is optimism that the congestion choking the port of Manila since February may finally be addressed after Philippine government officials and the shipping industry came together in the capital to tackle the crippling problems.
27 Nov 2014
A train pulling 82 wagons loaded with containers is somewhere between the Chinese manufacturing hub of Yiwu and the Spanish city of Madrid, 6,200 miles down the track.
27 Nov 2014
A yard expansion project by International Container Terminal Services, Inc. (ICTSI) in Manila has been completed and will help the port address the growing volumes and congestion that has choked the port since February.
26 Nov 2014
An Israel Corp. shareholder vote on the spinoff of Zim Integrated Shipping Services and several other businesses into a new company, Kenon Holdings Ltd., has been scheduled for a Dec. 31 vote.
26 Nov 2014
Indian shippers already facing a wave of surcharges tied to landside congestion at major ports received another blow earlier this week when the federal government issued a decree allowing Indian Railways to charge a “port congestion surcharge” for cargo moving to inland distribution points.
25 Nov 2014
One potential consequence of the congestion at West Coast ports - a shortage of containers in Asia due to difficulties repositioning them back from the U.S. - is being watched closely but does not seem yet to be creating widespread problems.
25 Nov 2014
Carriers are proceeding with the largest single trans-Pacific eastbound rate increase in years but have only postponed making a formal announcement.
25 Nov 2014
APM Terminals is eyeing expansion in Turkey to take advantage of container volume growth at the nation's Mediterranean and Black Sea ports.
25 Nov 2014
The idle container ship fleet has fallen to its lowest level since the global financial crisis erupted in late 2008 , as port congestion on the U.S. West Coast and in Manila keeps vessels in work.
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.
24 Nov 2014
The Philippine’ cabinet cluster on port congestion directed by cabinet secretary Jose Rene Almendras will gather for a port forum on November 27 in Manila as officials struggle to address the bottlenecks that have troubled the gateway since late February.