Asia

20 Jul 2017
An analysis of April-to-June productivity statistics shows GTI has steadily outperformed its rivals in the port complex.
10 Aug 2015
Ocean carriers have begun levying surcharges on Jawaharlal Nehru Port Trust cargo to compensate for operational cost increases caused by the prolonged shutdown of APM Terminals-operated Gateway Terminals India, even as JNPT maintains it is taking all the necessary steps to mitigate supply chain disruptions at India’s largest container gateway.
10 Aug 2015
India’s major public ports boosted container volumes by nearly 5 percent in July from a year earlier, helping the ports recover from a year-over-year decline of 1.5 percent in throughput recorded last month, according to the latest provisional port statistics compiled by JOC.com.
10 Aug 2015
International Container Terminal Services Inc (ICTSI) boosted its throughput and revenue in the first half, but various one-time gains and charges from its global operations saw net profit decline by 1 percent to $100.4 million.
10 Aug 2015
OOCL, the core liner business of Orient Overseas (International) Ltd, became the latest container carrier to report a first half net profit based largely on significant cost savings across its global network.
07 Aug 2015
All operations at Gateway Terminals India, or APMT Mumbai, continue to be shut down after conciliatory efforts by stakeholders to settle a prolonged labor contract dispute related to rubber-tired gantry crane operations collapsed Friday afternoon, forcing ocean carriers to reroute vessels and causing unprecedented shipping backlogs at the country’s biggest public container port, Jawaharlal Nehru Port Trust.
07 Aug 2015
The rumor that China’s two main shipping lines, Cosco and China Shipping, planned to merge was again wreaking havoc with the financial markets today as stock prices for the state-owned companies soared enough to lead to a trading halt.
07 Aug 2015
The Georgian government expects annual container traffic through the country’s seaports to roughly double to 1 million 20-foot-equivalent units by 2020, due to growth in the region and the expansion of it two major seaports, Poti and Batumi.
07 Aug 2015
The growth of e-commerce in China’s rural areas is outpacing that in major cities with Alibaba Group estimating the potential market in the countryside could be as much as $70 billion by next year.
07 Aug 2015
Hanjin Shipping became the latest container carrier to report a solid second quarter as lower bunker fuel prices, trimmed routes and an appreciating currency enabled the line to post a $94 million net profit.
06 Aug 2015
The Chinese government is prohibiting some port service charges and reducing the costs of others in an attempt to galvanize container shipping as the as the country’s container volume growth slows due to reduced global demand.