China

China

26 May 2015
Vessel reliability in the trans-Pacific trades is beginning to improve now that West Coast labor issues have been resolved, but it still has a long way to go before it is acceptable, metrics provided by Seaintel Maritime Analysis and the Marine Exchange of Southern California show.
18 May 2015
Maersk Line has entered into a vessel sharing agreement with Mediterranean Shipping Co, its 2M alliance partner, and Japan’s Mitsui OSK Lines (MOL) on the Asia to East Coast of South America trade route.
18 May 2015
A gamble on ordering ultra large container ships for the Asia-Europe and Mediterranean trades is not going to pay off in the short-term as declining demand from the eurozone is compounded by the excess capacity floating into service, Drewry says.
15 May 2015
A country that is seldom mentioned as an alternative to manufacturing in mainland China is Taiwan, its neighbour and disputed territory just across the strait.
14 May 2015
Cosco Container Lines earlier this month launched a bi-weekly service from Yueyang, a city by the Yangtze River in Hunan province, to Vietnam and Thailand, allowing shippers to get their goods delivered a week faster than through past transfer services.
14 May 2015
China Cosco Holdings pushed ahead with its fleet scrapping plan last month by dismantling two container ships and two bulk carriers.
14 May 2015
Despite accelerating China business, Global Logistics Properties (GLP) reported a 29 percent fall in net profit for the year ending March 31, mostly due to profit sharing with the consortium of investors that own a 33.8 percent stake in GLP China.
13 May 2015
U.S. shippers will likely see even higher domestic intermodal rail prices if the International Trade Commission rules against the Chinese manufacturers of 53-foot containers at the end of the month.
12 May 2015
Australia’s wine exports to China rose 20 percent in the 12 months ending March as China continued to shrug off austerity measures imposed in 2013 as part of Beijing’s corruption crackdown.
12 May 2015
The benefits of shipping through the Shanghai Free Trade Zone are starting to become apparent more than two years after Beijing first launched the pilot project.
10 May 2015
China recorded grim April trade figures with imports plunging by 16.2 percent and exports falling 6.4 percent, according to the latest official data released at the weekend.