Orient Overseas Container Line (OOCL) saw its revenue rise by 3.5 percent in 2014 to $5.8 billion as the carrier transported 5.5 percent more containers than in the previous year, according to the line’s latest operational update.
Kalmar's Shanghai factory delivers its 1,000th reachstacker to Wing Wah Container Depot Co., Ltd., Hong Kong
28 Jan 2015
Cathay Pacific’s new air cargo terminal in Hong Kong handled 1.45 million tons during 2014 in its first full year of operation.
28 Jan 2015
A scarce supply of industrial land will continue to push up warehouse rentals in Hong Kong, keeping landlords in the pound seats while ramping up operating costs for third party logistics providers.
27 Jan 2015
The sharply divergent fortunes of the air and ocean cargo sectors in Hong Kong are illustrated in a chart from CBRE Research on container and air freight throughput during 2014.
26 Jan 2015
Hong Kong Air Cargo Terminals Ltd. (Hactl) ended a solid 2014 by recording its strongest quarter of the year as Asia’s air freight sector continued its robust recovery.
21 Jan 2015
Kerry Logistics is planning to convert one of its basic warehouse facilities in Hong Kong into a columbarium that will store the remains of up to 100,000 people, according to a local media report, a move that would appear to be a significant money spinner for the group.
19 Jan 2015
Hong Kong port ended a year it would rather forget with annual container throughput falling for a third consecutive time, registering 22.2 million TEUs in 2014 that was down 0.3 percent on the previous year's numbers.
15 Jan 2015
Cathay Pacific and its sister airline Dragonair carried 1.72 million tons of cargo during 2014, a 12 percent increase over the previous year as the strong second half performance continued into December.
06 Jan 2015
Hong Kong’s container terminals must be some of the most examined pieces of real estate in Asia, yet despite the government sponsored studies, industry reports and consultancy papers, the port’s future is no clearer than it was 11 years ago when the first master plan was published
27 Dec 2014
The Central American canal projects continue to generate questions over funding — where it will come from in the case of the proposed Nicaraguan plan, and where it is going in the Panama Canal upgrade.
17 Dec 2014
Records are tumbling at Asia’s air freight hubs of Shanghai and Hong Kong this year, with double-digit growth reported at the main terminals in November and for the year-to-date.