Asia

Asia

09 Aug 2022
Easing container congestion and the summer “doldrums” have sent MPV rates drifting downward, but carriers expect energy-related demand and tight capacity to keep the sector healthy in the long term.
09 Aug 2022
The Asia–Europe trade could face “significant overcapacity” when port congestion and related bottlenecks are resolved due to the slump in demand growth that has been ongoing for more than a year, according to analyst Sea-Intelligence.
08 Aug 2022
US retailers note that two wild cards that could affect supply chain fluidity in the second half of the year remain — the outcome of West Coast longshore contract talks and the status of freight railroad negotiations.
08 Aug 2022
Two of Taiwan’s largest carriers have joined Maersk, ONE, and Cosco in posting highly profitable financial results for the first half of 2022 amid a still-elevated rate environment compared to the year-ago period.
08 Aug 2022
MSC’s move would appear to show some skepticism among ocean carriers active on India trades about their ability to hold firm on new rate hikes in the wake of ongoing demand pressure.
05 Aug 2022
The main rail option from China for European importers is via the so-called “middle corridor,” but as demand steadily increases, so too are the many chokepoints along the route.
05 Aug 2022
CMA CGM believes the advantages from a dedicated terminal in India will help it enhance service levels there as the carrier vigorously pursues integrator goals.
05 Aug 2022
Maersk is expanding its footprint in the heavy-lift sector with the acquisition of specialist logistics provider Martin Bencher that will be central to its new Maersk Project Logistics product.
04 Aug 2022
Container shipping trades out of Asia will continue to slow through the second half of the year as the global economy contracts, but carriers and analysts say it will be a gradual weakening of demand and rates rather than a sharp drop.
03 Aug 2022
Congestion and unreliable service from liner carriers is driving some cold chain shippers back to the conventional reefer fleet
03 Aug 2022
Maersk’s strategy of aggressively expanding long-term contracts is paying off, and with many of the agreements covering multi-years, the carrier is set to reap the financial rewards far beyond 2022.