Asia

28 Mar 2017
Ships calling Yokohama can stack various incentive schemes to get discounts of up to 100 percent on port dues.
18 Jun 2015
Maersk Line and Mediterranean Shipping Co. will add a Panama Canal service in July from China and Korea to four U.S. South Atlantic ports to handle rising U.S import volume to the fastest-growing region.
18 Jun 2015
Intra-regional feeder carrier Shreyas Shipping and Logistics is adding more vessels to its fleet, eyeing the prospect of accelerating its growth through coastal shipping operations in India.
18 Jun 2015
The feasibility of a container “subway” in Singapore to carry containers from a new mega-port through underground tunnels is being studied.
18 Jun 2015
The Asia-to-Australia trade became the latest to experience the distressing new trend of bunker surcharges overtaking the actual container freight rates on the spot market.
17 Jun 2015
An index measuring spot rates to ship a 40-foot container from Hong Kong to Los Angeles this week fell to a more than four-year low, a plunge somewhat explained in part by seasonal decline in demand, but still an ominous sign to carriers seeking general rate increases over the coming months.
17 Jun 2015
A new free-trade agreement between Australia and its largest trading partner, China, will likely further accelerate containerized trade between the duo after their volume rose 14.6 percent in the last three years.
17 Jun 2015
FedEx reported its first quarterly loss since 2009, thanks to a $2.2 billion pension-related pre-tax charge that bit deep into earnings. Unfavorable exchange rates, a drop in international priority volume and low fuel surcharge revenue also stung the global transport operator.
17 Jun 2015
In an ominous sign for its export-reliant economy, Japan’s red-hot merchandise trade with the United States lost some steam in May after expanding by more than 20 percent in March and April.
17 Jun 2015
Mediterranean Shipping Company will add a direct call at Hazira, India, to its IPAK service in order to enhance direct connections between India, North Europe and the Mediterranean, effective in early July.
17 Jun 2015
Russian cargo airline Volga-Dnepr signed a memorandum of understanding today to buy and lease twenty Boeing 747-8 freighters with a combined list price of $7.4 billion for its AirBridgeCargo Airline unit.