Asia

Asia

01 Jul 2015
The start of the second phase of construction of the Yangtze River channel extension project at Nanjing will allow China’s largest inland port to handle ocean-going vessels.
01 Jul 2015
Simatech has received the first of two new container ships with capacities of 4,350 twenty-foot-equivalent units, reflecting continuing and rapid intra-Asia trade demand.
01 Jul 2015
The Far East-South America trades are facing the threat of rate wars this month as carriers add significant additional capacity to an already oversupplied market, according to Alphaliner.
01 Jul 2015
State-owned rail operator Container Corporation of India has slashed its charges for the movement of empty containers between Chennai Port and Bangalore, providing some respite for shippers struggling with port delays and ocean carrier surcharges.
30 Jun 2015
The Chinese economy has said goodbye to high-speed growth as well as stable foreign trade volumes, which is putting pressure on the operations of Chinese ports, Tong Mengda, chief economist of Ningbo Port Group, told delegates at the Intermodal Asia 2015 conference in Shanghai in March.
30 Jun 2015
CMA CGM will sign a $1 billion financing agreement with the Export-Import Bank of China on Wednesday when Chinese premier Li Keqiang visits the French carrier’s headquarters.
30 Jun 2015
As part of Busan’s larger effort to shore up its transshipment business amid fierce competition, the Korean government has announced plans to demolish an island to allow it to better handle mega-ships.
30 Jun 2015
Kazakhstan’s national rail operator and DHL Global Forwarding have signed a memorandum of understanding that will provide the logistics operator with additional block trains on the fast-developing land bridge between China and Europe.
30 Jun 2015
The G6 Alliance continues to add port calls to its Asia-North Europe services, this time in China, in a bid to secure additional cargo loads on the trade during the much hoped for peak season.
29 Jun 2015
Minor ports in India are aggressively eating into the market share of their government-owned big rivals, as shippers and ocean carriers frustrated with growing delays at some of the leading public port complexes, including Jawaharlal Nehru Port Trust, look for alternative port options, according to an analysis of port statistics obtained by JOC.com.
29 Jun 2015
Cosco, the largest shipping group in China, is back in the corruption spotlight with the National Audit Office issuing a report that accuses the carrier of serious financial irregularities.