Asia

Asia

18 Oct 2019
The spot market on Asia-Europe remained basically flat this week as carrier rate increases and capacity adjustments arrested a downward slide.
18 Oct 2019
Faced with massive truck congestion daily, officials at Bangladesh’s main port are studying the feasibility of building an automated overhead conveyor system to move containers more efficiently.
17 Oct 2019
Citing environmental concerns, most carriers are rejecting the northern sea route through the Arctic as an option for container shipping, despite the commercial benefits derived from the shorter transit.
16 Oct 2019
Full scrubber-equipped strings on the Asia-Europe trade may give their carrier operators a competitive advantage over other shipping companies using higher-priced low-sulfur fuel.
16 Oct 2019
Industry sources say an approved “SOP” document to regulate logistics costs is expected to be circulated to stakeholders in the coming days as the Indian government proceeds with a sense of urgency to conclude what is seen as a game-changer for the country’s ocean trade.
15 Oct 2019
Getting containers to inland factories on time is a crucial part of the production process, and delays can cause costs to mount quickly.
15 Oct 2019
The number of blanked sailings is growing on the Asia-Europe trades as carriers sit becalmed in the slack season with no clear idea of whether to expect a pre-Chinese New Year rush.
15 Oct 2019
Although Typhoon Hagibis was the strongest storm to hit Japan in decades, carriers are reporting only minor disruptions to schedules and minimal damage to port infrastructure.
14 Oct 2019
Bangladeshi shippers are relieved after the local customs agent that handles Cosco Shipping’s business in the country had its license reinstated.
14 Oct 2019
While the “phase one” trade agreement reduces tensions between the US and China, the two sides are nowhere near reaching a more comprehensive deal at this time, a US-China business expert says.
14 Oct 2019
Sailing withdrawals and rising utilization levels on the Asia-North Europe route are not translating into spot rate increases, suggesting carriers are again chasing market share.