Asia

Asia

29 Jun 2015
Minor ports in India are aggressively eating into the market share of their government-owned big rivals, as shippers and ocean carriers frustrated with growing delays at some of the leading public port complexes, including Jawaharlal Nehru Port Trust, look for alternative port options, according to an analysis of port statistics obtained by JOC.com.
23 Jun 2015
If Hong Kong was added to a table of China’s top 20 container ports, it would slot in at number four both in terms of cumulative throughput this year and in May volumes, according to the Shanghai Shipping Exchange.
22 Jun 2015
An Indian-flagged cargo vessel carrying containers sank in the early morning hours of Monday about 40 nautical miles off the Mumbai coast, according to Indian maritime agencies.
22 Jun 2015
Most attacks on ships in Southeast Asian waters are armed robbery, not piracy, the Singapore Shipping Association says.
22 Jun 2015
Container terminals in Hong Kong have joined Maersk Line in calling for the territory’s government to address competition law concerns that threaten to make the liner business illegal from next year.
22 Jun 2015
Asia-U.S. air cargo freight rates have continued to slide as port operations on the West Coast have sharpened up since the crushing congestion at the beginning of the year, according to data from Drewry.
21 Jun 2015
DP World will use automated cargo-handling at a container port it plans to open this year at Yarimca, Turkey, on the Sea of Marmara near Istanbul. The terminal, DP World’s first in Turkey, will have capacity of 1.3 million 20-foot-equivalent units a year.
20 Jun 2015
Japanese carrier NYK said it expects a weaker yen, low fuel costs and cost-cutting to provide it with higher container shipping profit despite low rates this year.
19 Jun 2015
Yusen Logistics and Mazda have begun a joint venture intended to increase the efficiency of Mazda’s global supply chain as the automotive industry in Asia continues to grow.
19 Jun 2015
China has fined 21 container carriers a total of RMB 4.25 million ($684,000) for providing customers in the China-Japan trade with rates below officially quoted levels.
19 Jun 2015
Global economic uncertainty and a slowing China continues to hang over cargo markets, with air and ocean transportation providers struggling to match capacity to demand while having little visibility going into the second half of 2015.