No decision yet has been made on whether Hong Kong’s Competition Commission will grant the liner industry a block exemption from new rules to be enforced from December that will effectively render container shipping activity illegal.
Kalmar's Shanghai factory delivers its 1,000th reachstacker to Wing Wah Container Depot Co., Ltd., Hong Kong
22 Jul 2015
Hutchison Port Holdings Trust recorded a 26 percent fall in net profit in the first half as revenue remained virtually flat and container volumes at its South China terminals rose just 2 percent compared to the first six months of last year.
19 Jul 2015
Calls for an end to China’s cabotage laws have been growing with Maersk Line one of the loudest voices requesting restrictions on foreign carriers operating in the domestic markets be relaxed.
16 Jul 2015
UPS expanded the insurance and logistics services it offers shippers of high-value cargo such as jewelry by acquiring Insured Parcel Services from G4S, a global integrated security company.
16 Jul 2015
The port of Hong Kong reached a dismal milestone in June, posting its 12th consecutive monthly decline in throughput for the first time, handling just shy of 13 percent fewer containers than in the same month last year.
14 Jul 2015
The air freight momentum generated by a solid first quarter has been well and truly lost with the world’s market leader reporting flat growth in June and falling load factors.
07 Jul 2015
Hong Kong’s container throughput could halve in the next decade as a host of factors begin to stack up against the port that has seen a steady decline in volumes over the past year.
06 Jul 2015
Gary Wilcock, managing director of Kerry Logistics Europe, passed away on June 21 after a short battle with cancer. He was 54.
23 Jun 2015
If Hong Kong was added to a table of China’s top 20 container ports, it would slot in at number four both in terms of cumulative throughput this year and in May volumes, according to the Shanghai Shipping Exchange.
22 Jun 2015
Container terminals in Hong Kong have joined Maersk Line in calling for the territory’s government to address competition law concerns that threaten to make the liner business illegal from next year.
15 Jun 2015
It seems nothing can stop the slide in Hong Kong container traffic as the port reported its 11th consecutive month of declining throughput growth in May with volumes falling 12.7 percent year-over-year.