Asia

02 May 2016
Hanjin Shipping has reached out to ship charterers to request their patience and understanding as it tries to restructure its debt.
22 Apr 2016
Nittsu Research Institute and Consulting Inc. expects Japan’s container trade to remain almost flat in fiscal 2016, edging up only 0.1 percent from a year earlier to 11.6 million twenty-foot equivalent units because of economic uncertainty both at home and abroad.
22 Apr 2016
Cargo-handling and vessel operations in Jawaharlal Nehru Port Trust have returned to normal levels, as terminal authorities cleared up much of the freight that built up on the back of labor disruptions that caused intermittent gate closings and forced truck drivers to wait in long lines outside access points earlier this week at India’s busiest container gateway.
20 Apr 2016
The government of India, buoyed by the success of a three-day maritime investor conference last week, is looking to speed up the award and construction of highway projects in fiscal year 2016 to 2017, which began April 1, as part of a larger scheme to revamp the country’s transport system.
SOLAS verified gross mass VGM IMO container weights
20 Apr 2016
Hong Kong has become the latest jurisdiction to set a tolerance level between the verified gross mass of a container declared by a shipper and its actual weight under the new IMO container weighing rule, which comes into effect on July 1.
15 Apr 2016
Container Corporation of India this week lifted its port congestion surcharge on containerized freight railed to inland distribution points after its parent company Indian Railways canceled the decree that created the fee.
15 Apr 2016
Cross-border e-commerce and the continuing development of a new free trade zone are expected to be the primary drivers of growth in Tianjin’s port and logistics sector while aiding the recovery of the city’s economy following deadly explosions at the port last year.
13 Apr 2016
India’s Ministry of Shipping has drawn up an ambitious list of nearly 140 public-private-partnership contracts involving a total investment of about Rs. 83,000 crore (approximately $13 billion) for awarding at a three-day investor conference scheduled to begin April 14 in Mumbai.
12 Apr 2016
China’s Alibaba Group has continued its expansion into the lucrative and largely untapped Southeast Asian e-commerce market, acquiring a controlling stake in the region’s largest online retailer Lazada Group for $1 billion.
11 Apr 2016
India’s ports sector continued its financial recovery in fiscal 2015-16 after its 12 major state-owned ports, known as major ports, booked an increase in operating profit of 19 percent.
11 Apr 2016
With spot freight rates at stubbornly low levels on Asia-North Europe and Asia-Mediterranean over the last 12 months, Drewry expects the southern gateways to Europe to become increasingly viable versus the traditional mega-ports to the north.