Asia

Asia

30 Jul 2014
Expectations of a solid peak season from Asia to both Europe and North America could lead to higher ocean container freight rates in the third quarter, but the gains are likely to be only temporary.
28 Jul 2014
A rise in traffic from Asia to Mediterranean ports has led to tight capacity and a substantial rise in spot prices.
26 Jul 2014
Hutchison Port Holdings Trust (HPH Trust) reported a 16 percent rise in first-half net profit on the back of improved U.S. and European cargo and greater transshipment volume.
25 Jul 2014
Inadequate airspace capacity for civil air traffic, rapid growth of the Chinese aviation industry, capacity constraints at airports, and rigid operating regulations add up to congestion and delays for carriers serving the mainland’s busy cargo gateways, according to the International Air Transport Association (IATA).
OOCL Qingdao
25 Jul 2014
Evidence of volume growth in east-west container shipping markets was revealed in Orient Overseas Container Line’s most recent results.
The Shanghai-northern Europe spot rate slipped 2.2 percent to $1,203.
25 Jul 2014
Price drops continued to be reflected in the Shanghai Containerized Freight Index this week, as every major lane on the index saw spot rates fall.
Ocean carrier rate revision roundup for July 25
25 Jul 2014
Several container lines have planned general rate increases in multiple trade lanes in August, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
Shopping bags with U.S. and Japanese flags
24 Jul 2014
The United States retained its status as Japan’s biggest export market in the first half of 2014 after defeating rival China by a narrow margin.
DP World Jebel Ali terminal operation
24 Jul 2014
DP World’s container traffic increased 9.3 percent on a like-for-like basis in the first half of 2014.
24 Jul 2014
Malaysia’s Westports Holdings turned in an impressive first-half performance, with throughput rising 13 percent year-over-year and strong growth across all trade lanes.
23 Jul 2014
CMA CGM said it will reorganize the rotations of its ASAF and WAX lines to improve service between Asia and West Africa.