Asia

The SCFI for the Mediterranean fell 6.4 percent in the week ending April 18.
18 Apr 2014
Spot container freight rates measured by the Shanghai Containerized Freight Index were mixed again this week...
Ocean Carrier Rate Revision Roundup for April 18
18 Apr 2014
Several carriers have planned general rate increases in multiple trade lanes in April and May, although any gains achieved could be temporary as overcapacity and sluggish global demand continues.
18 Apr 2014
U.S. agricultural shippers say requirements by Japan, the European Union, and China for advance submission of cargo documents are creating a trade barrier for U.S. exports of perishable goods.
17 Apr 2014
The rise in labor costs in China and other countries has led to the inclusion of more countries in the global supply chain, but a Standard Chartered report argues that the pace of manufacturing’s migration to lower-cost countries will be slow, especially for higher-value goods.
17 Apr 2014
A rise in European exports helped lift Kuehne + Nagel’s ocean freight traffic by a market-beating 6.9 percent in the first quarter.
Drewry Container Rate Benchmark, April 16, 2014.
16 Apr 2014
The Drewry benchmark rate for shipping from Hong Kong to Los Angeles rose this week after three weeks in a row with no positive movement.
16 Apr 2014
The “Daily Maersk” product was supposed to solidify Maersk’s position as the leading carrier on the Asia-North Europe trade, but less than three years after its launch, Maersk has lost market share in the lane and triggered a rate war, setting the stage for a carrier showdown, Alphaliner said in its latest newsletter.
15 Apr 2014
The number of foreign trade containers handled by the Port of Kobe in western Japan fell for the second year in a row in 2013, according to figures released by the Kobe municipal government.
15 Apr 2014
The competitive advantage of ports will be their ability to improve productivity and service levels as larger vessels call more often and increase container handling volume per port visit, according to Mika Mahlberg, vice president of Konecranes’ port cranes business unit.
15 Apr 2014
Hongkong International Terminals (HIT) said port operators, contractors and workers — who have reached a settlement in wage negotiations that will give dockworkers a potential increase of 10.1 percent — were “all in the same boat” and would have to work together if the port was to remain competitive.
15 Apr 2014
Sharply higher shipments to China and India helped Etihad Airways boost its freight traffic in the first quarter by 26 percent to an all-time high.

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