Asia

Asia

Zim container ship in Savannah
24 Apr 2015
Zim Integrated Shipping Services announced the launch of a new service between Asia and the U.S. East Coast via the Suez Canal at the end of May.
20 Apr 2015
The saving grace for carriers on the Asia-Europe trade battling record low freight rates has been lower bunker costs, but even at their present lows, with weakening load factors many ships will not be covering their unit costs, according to Drewry.
19 Apr 2015
There is anecdotal evidence that the stunning new lows for container spot rates being recorded by indices covering the Asia-Europe trade do not reflect the actual level to which the prices have fallen.
18 Apr 2015
Schedule reliability for the core east-west trade lanes hit a five-month peak in March, according to Drewry Maritime Research.
17 Apr 2015
China’s grand dream of a maritime Silk Road for the 21st Century is paving the way for Chinese port operators to spread their way of conducting domestic business beyond Chinese borders.
Gateway Terminals India at Nhava Sheva (APM Terminals)
17 Apr 2015
APM Terminals at India’s Port of Nhava Sheva, or Jawaharlal Nehru Port Trust, said its terminal gates are operating normally and that truck queues outside the terminal are not “unusually” long.
17 Apr 2015
China’s slowing exports put the brakes on runaway volumes at the world’s largest air cargo carrier in March as throughput on Cathay Pacific-Dragonair tumbled into the single digits after a robust start to the year.
16 Apr 2015
Weak exports from China are driving Asia-Europe container freight rates down to new record lows, according to the world’s largest shipping association.
16 Apr 2015
In the first two months of 2015, Chinese exports by value to Hong Kong, its second-largest trading partner, fell 6.5 percent year-over-year, while outbound shipments to Japan, China’s third-biggest receive of its exports, slipped 0.4 percent in the same period, according to statistics from Global Trade Information Systems, a sister company of JOC.com within IHS Maritime & Trade.
Gateway Terminals India, at Jawaharlal Nehru Port Trust, also known as Nhava Sheva
16 Apr 2015
APM Terminals-operated Gateway Terminals India in the Nhava Sheva port complex is waging an apparently unending battle with congestion that has now forced a temporary halt to gate-in of export cargo and import pickups, producing costly delays for shippers and transportation providers.
Yang Ming Line container ship
16 Apr 2015
Yang Ming Line, Wan Hai Lines, Pacific International Lines and Cosco Container Lines have jointly kicked off a new container service between the Far East and the Middle East.