Asia

Asia

27 Aug 2014
CMA CGM has joined other major liner operators in imposing congestion surcharges on inbound inland containers handled at the ports of Jawaharlal Nehru (Nhava Sheva) and Pipavav, India’s leading container hubs, to compensate for the extra costs caused by intermodal delays.
19 Aug 2014
Taiwanese ocean carrier Yang Ming Line has upgraded its intra-Asia service network to better meet growing demand in the region.
Maersk McKinney-Moller
19 Aug 2014
Maersk Line and Mediterranean Shipping Co. do not require regulatory approval from China for their proposed “2M” vessel sharing agreement on the east-west trades, Maersk Line said today.
19 Aug 2014
The findings of a Chinese Ministry of Transport probe into rate filing by container lines and NVOCCs in the China-Japan market are expected to be released shortly. The case is being watched closely by foreign carriers to see whether China applies the same standard to its own carriers as it did to the erstwhile P3 Network.
18 Aug 2014
With vessels to the U.S. East Coast filled to capacity, and containerized imports to the West Coast also strong, carriers in the eastbound trans-Pacific intend to increase their rates...
18 Aug 2014
Multiple container lines have planned general rate increases in numerous trade lanes in August, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
Kerry Logistics chairman George Yeo and group managing director and executive director William Ma announce the company’s results.
18 Aug 2014
Kerry Logistics reported an 8 percent increase in net profit for the first half as its integrated logistics segment showed solid growth in China and across ASEAN.
18 Aug 2014
Shanghai International Port (Group) is calling for tenders as it prepares to offload a 20 percent stake in a container terminal joint venture with Hutchison Port Holdings.
17 Aug 2014
India’s trade deficit in July rose to its highest level in a year as export growth weakened slightly after rising in the double digits for two consecutive months.
Indian Prime Minister Narendra Modi speaking after laying the foundation stones of the Jawaharlal Nehru Port Trust Special Economic Zone and Port Connectivity Road on Aug. 16, 2014.
17 Aug 2014
Jawaharlal Nehru Port Trust (Nhava Sheva) broke ground Aug. 16 on its long-awaited special economic zone project, a port-based multi-product export processing center that is expected to help India’s largest container gateway boost its export volumes.
Weekly wrap-up for Aug. 16, 2014
16 Aug 2014
Diversions related to the ongoing negotiations on the U.S. West Coast between the International Longshore and Warehouse Union and the Pacific Maritime Association continue to have an impact elsewhere.