Asia

21 Aug 2017
The Chittagong Port Authority (CPA) has doubled the penalty for containers kept in its yards past free time.
29 Sep 2015
The Russian government plans to spend between 20 and 25 billion rubles ($400 to $500 million) to expand and deepen the harbor of the Novorossiysk seaport to handle larger vessels, in order to make it more competitive with Ukrainian ports also on the Black Sea.
29 Sep 2015
China’s two largest shipping lines and their subsidiaries have extended the trading suspension of their shares for another month as the carriers continue to discuss “asset reorganisation” in what is strongly believed to be part of a merger.
29 Sep 2015
International Container Terminal Services Inc. is investing heavily in construction and port equipment to improve productivity that will be required to deal with rising container volumes expected through its Manila and Subic import gateways.
28 Sep 2015
UPS is expanding its footprint in China with offices in 13 new cities, a reflection of the parcel giant’s confidence in the Chinese market despite the recent economic slowdown there.
28 Sep 2015
The European Bank for Reconstruction and Development announced the acquisition of a minority stake in Turkish port operator, Global Ports Holding, just weeks after a near $1 billion Chinese investment in the country’s waterfront.
28 Sep 2015
The Indian federal government is retreating from a controversial “corporatization” plan to transform ‘major’, or public, port trusts into independent companies following stiff opposition from labor unions and some political groups, dealing a big blow to Prime Minister Narendra Modi’s reform efforts to stimulate trade and economic growth.
27 Sep 2015
In a historic policy shift, Japan’s Abe government hopes to leverage the potential of free trade agreements to revitalize its medium- and long-term economic productivity and global competitiveness.
25 Sep 2015
Major road crossings along the India-Nepal border were closed Wednesday and while the border remains open for people crossing on foot or by bicycle, vehicles have been prevented from crossing by protesters on the Nepalese side and by India's Armed Border Force, the Sashastra Seema Bal or SSB, citing unrest as a security concern.
25 Sep 2015
India’s director general of shipping Deepak Shetty said that while the country is working to streamline its bureaucracy to facilitate maritime trade, the total removal of cabotage protections was out of the question.
25 Sep 2015
The long-stalled Phase 2-4 of the Busan New Port is getting back in motion with the submission of applications to begin reclamation works, South Korea's Ministry of Oceans and Fisheries (MOF) announced Thursday.