Asia

Asia

26 Apr 2015
With West Coast port congestion and container backlogs easing faster than predicted, beneficial cargo owners are reassessing their supply chain strategies for the coming shipping season.
Zim container ship in Savannah
24 Apr 2015
Zim Integrated Shipping Services announced the launch of a new service between Asia and the U.S. East Coast via the Suez Canal at the end of May.
24 Apr 2015
Hyundai Merchant Marine will become the first carrier to call at the port of Incheon’s new Sun-Kwang terminal when the Hyundai Tokyo ties up in mid-May as part of an Asia-U.S. G6 Alliance service.
HIT terminal in Hong Kong port
24 Apr 2015
External contractors for Hongkong International Terminals have agreed to pay an above-inflation 5.5 percent increase in basic salary for dockworkers in the coming year, averting a threatened strike that would have heaped further misery on the struggling port.
Port of Mumbai, India, container stacks
23 Apr 2015
In an attempt to lure more container cargo, India’s Mumbai Port Trust has extended its previously introduced trade incentive schemes for another year, ending in March 2016.
23 Apr 2015
Container shipping lines cannot get out of the large vessel arms race and excess capacity will be a permanent problem, according to Orient Overseas International Ltd. chairman Tung Chee Chen.
22 Apr 2015
Japan posted a monthly trade surplus for the first time in nearly three years in March, as exports grew on the back of a weaker yen, led by robust U.S.-bound shipments, while imports tumbled due largely to lower oil prices.
22 Apr 2015
India and Bangladesh agreed to extend an earlier protocol dealing with “inland water transit and trade” cooperation between the two countries, with provision for automatic renewal in line with a proposed amendment to the Bangladesh-India trade agreement, the Indian Ministry of Shipping said in a written statement.
20 Apr 2015
Third-party logistics provider C.H. Robinson Worldwide has opened the doors at two new global forwarding offices: one in Ho Chi Minh City and another in Antwerp.
20 Apr 2015
In a major setback for the new Narendra Modi-led Indian government’s aggressive effort to rev up the economy, the nation’s merchandise exports for fiscal year 2014-15, which ended March 31, fell far short of the targeted $340 billion, according to preliminary trade figures released by the Ministry of Commerce and Industry.
20 Apr 2015
Five more Chinese ports can now allow foreign-flag vessels to provide cabotage services to their container terminals.