Asia

Asia

01 Apr 2015
The decision by Orient Overseas International Ltd (OOIL) to order six 20,000 TEU ships was widely expected and comes just three weeks after fellow G6 Alliance member MOL ordered six mega vessels of its own.
31 Mar 2015
A software company that provides information on truck stops, weigh stations and other on-the-road services to U.S. truckers is attracting funding from an unusual source — China.
31 Mar 2015
DP World and the government of the Maldives have signed an agreement for the latter to build an up to $300 million deepwater port complex on the industrial island of Thilafushi.
31 Mar 2015
Fesco Transportation Group’s profit soared 30 percent in the fourth quarter of 2014, but the weak ruble and lower rail freight rates dragged down the full-year result.
31 Mar 2015
The Chennai Port Authority, India’s second-largest state-owned container gateway, is poised to reach a record throughput volume in fiscal year 2014-15, which ends March 31, the latest port statistics collected by JOC.com reveal.
31 Mar 2015
China Merchants Holdings (International), the mainland’s largest port operator, reported a 7.4 percent increase in net profit during 2014 when it handled 80.84 million 20-foot containers at its global terminals to record a volume growth of 13.4 percent.
31 Mar 2015
Thai Airways exited the freighter business this week, unable to benefit from the robust volumes on U.S. routes being generated by its Asian peers and without the scale of capacity required to drive a profitable air cargo network.
31 Mar 2015
Several of the world’s top shippers have signed up to the Green Freight Asia (GFA) initiative that aims to lower the carbon footprint of land transport while driving lower logistics costs into the regional supply chain.
Jawaharlal Nehru Port Trust (Nhava Sheva), India
30 Mar 2015
Despite the long-term landside congestion and intermittent labor troubles that led to some traffic diversions, Jawaharlal Nehru Port Trust achieved an all-time high in container-handling in fiscal year 2014-15, which is set to end March 31, according to the latest port data collected by JOC.com.
30 Mar 2015
HONG KONG — The first 1.2 million square feet of Goodman Chongqing Airport Logistics Park has been developed as part of a
Hyundai bulk carrier
29 Mar 2015
Hyundai Merchant Marine is selling its bulk shipping division, the latest in a series of assets that South Korea’s second-largest shipping conglomerate is shedding to raise liquidity.