The China-financed Mombasa-Nairobi rail link that is under construction is facing competition from Africa’s largest private equity firm that has invested $70 million in a competing rail connection that will also link the two cities.
13 Jan 2015
A major Tokyo-based research firm has painted an upbeat picture of Japanese container trade in the next fiscal year starting in April, despite flagging domestic demand and growing uncertainty over the global economy.
09 Oct 2014
Port traffic out of China in September continued its positive run as a solid recovery in the world’s developed economies fueled rising container volumes and steadily improving factory output.
29 Sep 2014
Heavy investment in India by global car companies in the hope that the fast-growing market would soon rival China are faltering as car sales fall and the depreciating rupee pushes up costs, but the big brand carmakers such as Volkswagen, Ford and Renault-Nissan are now looking outwards.
25 Sep 2014
Surcharge-weary container line customers are preparing for a new and largely unspecified bunker levy from January as carriers start tallying the costs of a mandatory switch to low sulphur fuel in Europe and North America.