Singamas has reported a full orderbook for the first quarter as carriers and container lessors try to avoid any shortages in boxes.
Kalmar's Shanghai factory delivers its 1,000th reachstacker to Wing Wah Container Depot Co., Ltd., Hong Kong
29 Nov 2015
Cathay Pacific has agreed to pay $4.4 million to settle litigation in Canada in a cargo anti-trust class action in which the carrier was a defendant.
23 Nov 2015
The Hong Kong Competition Commission will not take any action against industry sectors that have applied for a block exemption from the law that takes effect on Dec. 14 until the applications have been reviewed, according to the city’s liner shipping lobby.
17 Nov 2015
Hong Kong’s Acting Chief Executive Carrie Lam Cheng Yuet-ngor could easily have been seen as oblivious to the plight of the city’s port as she delivered a keynote address to the logistics and maritime industry at a government-organized conference in Hong Kong the day after the release of the latest dismal port throughput figures.
22 Oct 2015
Hong Kong government measures to enhance the use of back-up land at its Kwai Tsing terminals, which it hopes will alleviate congestion and improve cargo handling efficiency and competitiveness of Hong Kong, have drawn a lukewarm response from port operators.
16 Oct 2015
There was no let up for Hong Kong in the month of September as container volumes fell for the 15th consecutive month.
16 Sep 2015
Cathay Pacific and sister carrier Dragonair reported flat growth in air cargo during August as the Hong Kong-based airlines limp into the slack period before what is hoped will be a last-quarter peak season.
15 Sep 2015
Container volumes in Hong Kong maintained their steady downward trend in August, falling by 10 percent compared to the same month last year even as the number of boxes handled by neighbouring rival Yantian continued to grow.
31 Aug 2015
China Merchants Holdings (International)’s first half net profit jumped 29 percent year-over-year to HK$2.8 billion ($US 361 million) after throughput gains at Chinese terminals exceeded China’s overall container growth rate and traffic through overseas facilities rose at a double-digit clip.
17 Aug 2015
The double-digit throughput decline of Hong Kong’s container terminals continued in July, the 13th straight month of falling year-over-year volumes.
14 Aug 2015
No decision on a block exemption for Hong Kong’s container shipping industry will be made before the new competition law comes into effect on December 14, leaving the container shipping industry in the bizarre position where its activity will be illegal from that date.