Busan Port handled 1.5 million 20-foot containers in August, its throughput growing 5.5 percent year-over-year on the back of strong transhipment volumes.
Kambara-kisen signed the contract with a service provider 'CyberLogitec Co.,Ltd.' (Seoul, Korea) for Japan's AFR*.
03 Sep 2014
Congestion at ports across Asia is creating havoc with shipping schedules, forcing a major intra-Asia specialist to cancel rotations as it battles lengthy delays.
26 Aug 2014
Tiny, dirt-like egg clusters are waylaying cargo at ports in the United States, delaying thousands of containers for days at a time.
14 Aug 2014
Containerized auto parts imports into the United States continued to trend upwards in the first half of 2014, in a market that has seen growth of over 10 percent in the past two years.
11 Aug 2014
It is becoming increasingly difficult for a shipper to determine which carrier in the eastbound trans-Pacific has the fastest transit time between two given ports, according to a new analysis from SeaIntel, a consulting firm.
10 Aug 2014
Asia’s ports reported strengthening of container throughput in the first half as the economic recovery of the U.S. and Europe drove up consumer spending and new export orders flooded into Chinese factories.
04 Aug 2014
An increasing Asian appetite for live lobster is being met with a weekly shipment of live lobsters from Nova Scotia to South Korea.
03 Aug 2014
China’s factory output and total new orders in July rose to their highest levels since March last year, improving the operating conditions of mainland manufacturers and supporting carrier predictions of third quarter container volume increases in the seasonal build up to Christmas.
30 Jul 2014
Hanjin Shipping posted a net loss of $194 million in the second quarter, but the weak financial performance was eased by aggressive cost cutting in its container division that managed to lift the Korean carrier’s operating profit.
11 Jul 2014
Multiple container lines have planned general rate increases in several trade routes to take effect Aug. 1...
07 Jul 2014
Minsheng Financial Leasing will receive $295 million from the Korean and Chinese export-import banks to build three 18,400-TEU ships that will be leased to Mediterranean Shipping Co. in the second half of 2015.