Speculation has been rife in the Singapore media about a possible tie-up between Neptune Orient Lines (NOL) and fellow G6 Alliance member Hong Kong’s Orient Overseas International Ltd. (OOIL), but a closer look at the business of the two carriers reveals that merging their operations would create little synergy.
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.
25 Aug 2014
Middle East-based Simatech Shipping has announced the launch of a fortnightly feeder service linking Dakshin Bharat Gateway Terminal, a new private facility in India’s Port of Tuticorin (V.O. Chidambaranar), with Colombo, Sri Lanka, starting this month.
22 Aug 2014
Multiple container lines have planned general rate increases in numerous trade lanes in the coming months, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
19 Aug 2014
Taiwanese ocean carrier Yang Ming Line has upgraded its intra-Asia service network to better meet growing demand in the region.
18 Aug 2014
Multiple container lines have planned general rate increases in numerous trade lanes in August, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
11 Aug 2014
Hong Kong-listed Orient Overseas (International) Ltd. reported a first-half net profit of $181 million as revenue and volume at its liner shipping division OOCL increased even though revenue per 20-foot container fell more than 5 percent.
08 Aug 2014
Major container lines announced general rate increases taking place in mid-August through October this week.
04 Aug 2014
Simatech Shipping and X-Press Feeders have expanded their intra-Asia feeder network by introducing a container service be
25 Jul 2014
Several container lines have planned general rate increases in multiple trade lanes in August, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
24 Jul 2014
Malaysia’s Westports Holdings turned in an impressive first-half performance, with throughput rising 13 percent year-over-year and strong growth across all trade lanes.
18 Jul 2014
Multiple carriers have announced general rate increases on several trade routes to take effect in August.