Key ports in Asia are closely watching the impact of COVID-19 lockdowns in China and taking steps to ensure their gateways don’t begin to suffer congestion and delays as a result.
Singapore-based drayage technology provider Haulio has tied up with CMA CGM to handle coordination of port trucking in Thailand as it seeks to build a Southeast Asia-wide platform.
As of now, scrap/agriculture exporters and ocean carriers are in two parallel universes concerning whether space exists on ships heading to Southeast Asia and the Indian subcontinent.
Nippon is expanding cross-border services as Asia-Europe demand increases and as five Mekong subregion countries adopt an agreement that could serve as a trade model for other regions.
Thailand on July 2 will become the second country in less than a month to ban the importation of certain waste goods, as Malaysia considers similar measures, according to a published report.
RCL said improving economic conditions in Europe and the United States as well as throughout Asia, along with growth in exports from Vietnam, Thailand, Malaysia, Indonesia, and Singapore to China, in particular, render brighter future prospects for the shipping industry, despite overcapacity.
The government’s multifaceted initiative envisions higher-value manufactured goods, and an advanced transportation and logistics infrastructure to process such goods effectively for exports.