Shipper groups began to react cautiously to the planned 10-year vessel-sharing agreement proposed by Maersk Line and Mediterranean Shipping Co. on east-west trades, dubbed “2M.”
12 Nov 2013
CEVA Logistics has continued its strategic development of operations in Asia with the introduction of its new aerospace storage area in Singapore.
05 Nov 2013
Terminal operating giant PSA has further increased its investment in Chinese ports with its first major deal in the Yangtze River Delta.
30 Oct 2013
Ceva Logistics is targeting further growth in Asia, according to Inna Kuznetsova, the company’s chief commercial officer.
30 Oct 2013
NOL Group’s extensive cost-cutting paid off in the third quarter as the Singapore-based shipping line posted a net profit of $20 million even as its revenue declined.
22 Oct 2013
The U.S. Government Accountability Office has published a report, “DHS Could Improve Cargo Security by Periodically Assessing Risks From Foreign Ports,” recommending...
15 Oct 2013
Lower demand growth and freight rates are forcing “rational” intra-Asia shipping lines to cooperate to optimize opportunities and avoid sinking into the red, according to one leading executive.
11 Oct 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in November.
07 Oct 2013
U.S. containerized exports inched up roughly 1 percent year-over-year in July, to 966,148 20-foot-equivalent units, according to preliminary figures from PIERS, a JOC sister company. July’s slight increase was a rebound from a 4.5 percent drop in June, when exports hit their lowest level since July 2011.
30 Sep 2013
SINGAPORE — Emerging nations still offer the most opportunity for businesses and logistics service providers, even if growth rates have slowed, industry leaders told delegates at a major logistics conference held in Singapore last week.
26 Sep 2013
Yang Ming Marine Transport will launch Southeast Asia Service on Sept. 27.