China’s New Silk Road trade route initiative will benefit both China and Pakistan. And while international opposition is expected, internal politics pose the main threat to the largest-ever foreign investment in the Pakistani state.
10 Sep 2015
Freight forwarders from Pakistan and India are pushing for the expansion of trade corridors through Iran and Afghanistan as the South Asia regional powers capitalise on the momentum generated by China’s One Belt, One Road strategy.
25 May 2015
Container shipping lines are enjoying strong westbound traffic growth to South Asia and the Middle East, giving carriers a ray of hope at a time when the shared trunk services from Asia to Europe are struggling, Drewry reported.
19 May 2015
Container carrier APL said it will replace its current Singapore West Asia Express (SWX) service in the intra-Asia trade with a new weekly service, branded the Asia Sub-continent (AS1), starting at the end of this month.
27 Mar 2015
OOCL and Yang Ming Line have expanded their joint China-Pakistan Express (CPX) Service by adding a direct call at Adani Hazira Container Terminal, a private facility in West India, starting in mid-April.
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.