Hapag-Lloyd will add a direct port call at Bahrain to its South China Sea Express and Middle East Express services.
Asia
Press Releases
18 Jun 2013
The P3 Network announced today between Maersk Line, Mediterranean Shipping Co. and CMA CGM will have little or no impact on the glut of vessel capacity that has been depressing global freight rates, but will enable the world’s three largest container lines to substantially cut their operating costs on the Asia-Europe, trans-Pacific and trans-Atlantic trades.
18 Jun 2013
CMA CGM, Maersk Line and Mediterranean Shipping Co. have agreed to establish a long-term operational alliance on East–West trades.
17 Jun 2013
In May, India’s exports were valued at $24.5 billion, falling 1.1 percent from $24.8 billion in the same month in the previous year, and imports were valued at $44.6 billion, rising 7.0 percent from May 2012’s $41.7 billion...
17 Jun 2013
Indian Railways reported its revenue from April 1 to May 31, 2013, was Rs. 22,439.30 crore (about US$3.9 billion), increasing 12.7 percent from $3.4 billion during the corresponding period last year.
17 Jun 2013
French carrier CMA CGM will increase rates on westbound cargo moving on its Epic service from India to North Europe and the Mediterranean, starting July 1.
17 Jun 2013
Cathay Pacific Airways reported that Cathay Pacific and Dragonair combined carried 121,529 metric tons of cargo and mail in May, down 1.5 percent compared with May 2012.
17 Jun 2013
AECOM Technology Corp. has won a $148 million, three-year contract to provide construction supervision and design review services for the portion of the Doha Expressway program in Qatar known as Group 7.
17 Jun 2013
An outbreak of discipline among ocean carriers was the trigger for a 61 percent surge in spot freight rates on the Far East-Mediterranean route, according to industry consultant Drewry.
17 Jun 2013
Containers of footwear imported through U.S. ports jumped 14 percent year-over-year in the first quarter of 2013, the largest increase since fourth quarter 2010, according to data from PIERS, a JOC sister company.
16 Jun 2013
The Indian government on Friday approved a proposal to delegate more project approval authority to the Ministry of Road T
Jun 5, 2013 2:00PM EDT