Asia

Asia

02 Mar 2015
Spot rates on the Asia to the Middle East and South Asia are being undermined as carriers on the trades struggle to maintain load factors to support freight rate increases, according to Drewry Container Insight.
02 Mar 2015
The Indian federal government pledged to go ahead with its plans to make major ports independent companies instead of government-controlled landlord ports despite fierce opposition from the highly unionized labor force.
01 Mar 2015
Air cargo leaving India has been hit with severe delays because of poor weather and the lingering impact of U.S. West Coast port congestion on world trade, according to a U.S. freight forwarder specializing in air and ocean freight in the Far East.
Nhava Sheva International Container Terminal in Mumbai
28 Feb 2015
PSA International kick-started work on its $350 million expansion of Jawaharlal Nehru Port Trust after signing a contract related to dredging and reclamation work for a fourth container terminal at India’s largest container gateway.
Hanjin terminal in Port of Busan
27 Feb 2015
The Port of Busan plans to handle 20 million TEUs this year posting record volume in 2014, mainly because of healthy transshipment traffic.
27 Feb 2015
Mediterranean Shipping Co. is adding a new container service in the India-Australia-Mediterranean route, called the Australia Express, as the Geneva-based carrier beefs up its India connections to serve growing trade volumes.
26 Feb 2015
China’s train to Spain arrived in the city of Yiwu this week after completing the world’s longest rail route, and while the journey has been billed as a “success” by its operator, there is little information on the actual economics of the rail option to Europe.
26 Feb 2015
Freight forwarder Expeditors International saw air freight volume soar in the fourth quarter, reaching a 19 percent year-over-year increase in December, as shippers tried to fly over West Coast port gridlock.
26 Feb 2015
Mediterranean Shipping Co. plans in late April to launch a new container service directly linking India and China to capitalize on the booming intra-Asia cargo trade.
26 Feb 2015
The top 20 Chinese ports had a throughput of 15.5 million 20-foot containers in January, with Shanghai and Shenzhen terminals handling almost half of them, according to Shanghai Shipping Exchange data.
25 Feb 2015
A nationwide indefinite dockworker strike is planned to start March 9 in India, threatening to disrupt the country’s transport systems when port volumes see a turnaround.