Asia

25 May 2017
Shippers are pessimistic that the situation will improve any time soon.
24 Jun 2015
China’s rapidly developing logistics property business continues to attract investment from outside the industry with a Hong Kong-based real estate private equity firm the latest to jump into the booming warehousing market.
24 Jun 2015
United Arab Shipping Co. gained regulatory breathing room Wednesday when the U.S. Federal Maritime Commission unanimously voted to grant the the Qatar-controlled carrier exemptions from filing rules required by it being on the “controlled carrier” list.
24 Jun 2015
Buoyed by a 12.7 percent jump in containerized trade between Africa and East Asia over the last two years, Maersk Line will implement a general rate increase of $100 per 20-foot equivalent unit, starting July 15.
24 Jun 2015
In September, the first phase of a new deep-sea port with a capacity of 1.45 million 20-foot-equivalent units will open amid sanctions and a collapse in the price of oil that have pulled down St. Petersburg’s container volume.
24 Jun 2015
Shreyas Shipping and Logistics on Wednesday said it signed an agreement to buy the Hub Gallardo, a container ship with a capacity of approximately 700 20-foot-equivalent units, the Indian short-sea ship operator’s second acquisition this month.
24 Jun 2015
Singapore has opened two new phases of its $2.6 billion Pasir Panjiang Terminal, another step along a massive development road that will help the port cope with mega-ships and alliance complexities continuing to frustrate transshipment hubs in the region.
24 Jun 2015
The general slowdown in China’s container exports was supported by the latest manufacturing data that shows weak factory activity being recorded in the mainland for the fourth consecutive month.
23 Jun 2015
Hapag Lloyd is adding the port call of Ashdod, Israel, to its service connecting the country with Turkey and said it will begin calling on Iskenderun, Turkey in late July through an unspecified service.
23 Jun 2015
The new head of MOL Line said its container line will cooperate more with its nine terminals in order to boost profitability after losses from its liner business deepened to 9.5 billion yen ($76.6 million) last fiscal year.
23 Jun 2015
The first five months the year were good to Asian air cargo carriers that recorded a 6.3 percent increase in demand for international air freight compared to the same period last year, according to the Association of Asia Pacific Airlines (AAPA).