Asia

Asia

The Cat Lai Terminal within the port of Ho Chi Minh City, Vietnam.
19 Oct 2014
Severe port congestion at the Philippines’ port of Manila in recent months resulted in average vessel delays of more than five days, according to a recent report from CargoSmart.
Containerized ocean imports to the U.S. surged 19.3 percent year-over-year in September, while containerized ocean exports from the U.S. slumped 13.0 percent.
19 Oct 2014
U.S. imports of ocean containers reached a record high in September, as retailers expect a robust holiday season, but exports continued to decline from soft global demand, making 2014 so far the worst year for container exports in the past four years.
Weekly wrap-up: Port delays, Teamsters and TPM Asia
18 Oct 2014
Coverage on congestion at the Los Angeles-Long Beach port complex continued to interest JOC.com readers this past week, as what could be the worst gridlock to hit the largest port complex in the Americas continues.
17 Oct 2014
The Port of Hong Kong has seen year-over-year container volume growth decelerate for three consecutive months.
Ocean carrier rate revision roundup for Oct. 17
17 Oct 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October and November, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
17 Oct 2014
Spot freight rates on the Far East-North Europe route have sunk to $705 per 20-foot container, down $33 on the previous week to a new low for the year.
17 Oct 2014
The Far East-U.S. East Coast container trade is shaping up as the potential “battlefield” of the future as an enlarged Panama Canal allows carriers to cascade larger ships from the Far East-Europe trade, according to Bimco.
17 Oct 2014
India’s Port of Visakhapatnam reopened to marine traffic today, five days after Cyclone Hudhud’s devastation at the state-owned port complex.
16 Oct 2014
Home furnishing giant IKEA has expanded its business with logistics property developer Goodman Group into China, signing a lease for 11,000 square meters of warehousing space in the inland Chinese city of Chengdu.
16 Oct 2014
Cross-border trade between Southeast Asia neighbors Thailand and Myanmar in 2014 is expected to grow 10 percent year-over-year to more than $6 billion.
16 Oct 2014
Strong growth out of Hong Kong and China in September saw Cathay Pacific and Dragonair continuing to post double-digit growth as cargo and mail throughput rose 14.5 percent compared to the same month last year.