Asia

Asia

29 Mar 2015
Hyundai Merchant Marine is selling its bulk shipping division, the latest in a series of assets that South Korea’s second-largest shipping conglomerate is shedding to raise liquidity.
APM Terminals Gateway Terminal India, Mumbai
20 Mar 2015
APM Terminals-operated Gateway Terminals India, which has borne the brunt of landside congestion-related issues in the Nhava Sheva port complex in the recent past, is again experiencing shipping delays due to labor slowdowns tied to the still-resolved crane operator contract dispute.
20 Mar 2015
Milaha Maritime and Logistics has kicked off a direct feeder link between Jawaharlal Nehru Port Trust (Nhava Sheva), India, and Doha, Qatar, a route that has seen significant gains in trade volumes in recent years.
19 Mar 2015
Malaysia plans to invest millions of dollars into the transportation infrastructure supporting Port Klang in an effort to boost exports out of the country’s main maritime gateway.
19 Mar 2015
The announcement last week by carrier alliances that beginning in late March they will deploy three new all-water services from Asia to the East Coast through the Panama Canal was a dagger to the hearts of West Coast ports besieged by congestion and labor problems.
19 Mar 2015
China is steadily adding to the rail network linking the mainland with central Asia and Europe, with a large portion of the $130 billion rail development budget for 2014 spent on improving connections in central and western parts of the country.
19 Mar 2015
The formidable challenges facing Hong Kong port were perfectly captured in the above illustration that was presented with OOCL’s 2014 financial results recently. Few, if any, ports around the world have had to cope with such a thorough change in cargo mix over a relatively short period.
18 Mar 2015
Publicly owned major ports in India reported healthy levels of container throughput growth during April 2014 to February 2015, the first 11 months of fiscal year 2014-15, compared to the volumes in the previous year, according to the latest provisional figures compiled by JOC.com.
18 Mar 2015
Japan’s exports to the U.S. rose for the sixth consecutive month in February, surging 14.3 percent to 1.215 trillion yen ($10.0 billion) on the back of brisk auto shipments, according to preliminary trade figures released by the Japanese Finance Ministry this week.
18 Mar 2015
Cathay Pacific reported a 20 percent increase in net profit for 2014 as a strong second half recovery in the cargo market helped drive up earnings to $403 million.
18 Mar 2015
A bill requiring ocean going ships to switch to low sulfur fuel while at berth in Hong Kong was tabled at the Legislative Council today and, if passed, will effectively raise the cost of shipping containers through the city even as it steadily loses market share to Shenzhen.