Asia

Asia

OOCL Qingdao
25 Jul 2014
Evidence of volume growth in east-west container shipping markets was revealed in Orient Overseas Container Line’s most recent results.
17 Jul 2014
Zim Integrated Shipping Services said it finalized its debt restructuring deal after its parent Israel Corp. invested $200 million of new equity into the ocean carrier.
The spot rate from New York to Rotterdam sat at $1,307 this week, down 19.7 percent year-over-year.
17 Jul 2014
Spot rates from Shanghai to Rotterdam, the Netherlands, eroded this week, losing 35 percent of the gains it garnered in the last two weeks.
Drewry’s benchmark spot rate from Hong Kong to Los Angeles rose to $1,900 per 40-foot container this week.
16 Jul 2014
Attempts by the trans-Pacific carriers to institute a two-tiered July general rate increase fell just short of realization...
16 Jul 2014
Buoyed by continued strength in imports from Asia, the Transpacific Stabilization Agreement today recommended that carriers in the eastbound trans-Pacific increase their freight rates...
Akbar Al Baker, CEO of Qatar Airways, announcing the largest single aircraft order in the airline’s history, alongside Ray Conner, Boeing Commercial Airplanes’ president and CEO.
16 Jul 2014
Qatar Airways today said it plans to order four new Boeing 777 freighters with an option for four more, bolstering its ambitious bid to become a Top 5 cargo airline by 2018.
16 Jul 2014
Hong Kong-listed shipping line OOCL and Dubai-based Etihad Airways have not yet been officially informed of a Bangladesh high court ruling that accuses them of evading taxes and money laundering...
16 Jul 2014
China Cosco Holdings plans to buy five 14,000-TEU ships to help replenish a fleet that has been aggressively trimmed so far this year with 24 ships heading for the scrap yard.
15 Jul 2014
Due to an error in assigning one carrier’s port calls at Tianjin, China, to the correct terminal, JOC is issuing a revised 2013 Port Productivity Rankings...
15 Jul 2014
Zim Integrated Shipping Services today said it has reached agreement with the Israeli government over the state’s “golden share,” paving the way for a $3.4 billion debt restructuring...
15 Jul 2014
China Cosco Holdings scrapped another eight vessels in the second quarter, taking to 24 ships disposed of in a fleet renewal program...