CARGOLUX says its full-year results for 2019 show that revenue plunged 14 per cent to US$2
- Cargolux revenues and net profits suffer blow in 2019
- VLCCs: Charterers Regain Control, Suezmax: Rates tumbled
A quieter week in both Middle East and Atlantic regions has allowed charterers to regain control as tonnage availability increases, with the...
- North American rail traffic and volume slip for the week ending March 21
THE Association of American Railroads (R) announced that total US weekly rail traffic for the week ending March 21, 2020, totalled 459,966 carloads...
- Vancouver handles record TEU in 2019 and 144m tonnes of cargo
THE port of Vancouver handled 144 million tonnes of cargo in 2019, down two per cent from 2018; and a record 3
- Container shipping sector to remain on same course in 2020: Drewry
DREWRY expects container shipping to continue much the same in 2020 as it did last year with ocean liners again remaining price-takers, though...
- Hong Kong exports expected to slide 2pc in 2020: HKTDC forecast
THE latest forecast by the Hong Kong Trade Development Council (HKTDC) shows that the value of Hong Kong exports in 2020 is expected to shrink by 2...
- Italy allows African migrants from Spanish rescue ship to disembark
ITALIAN authorities have agreed to grant the Open Arms ship access to enable 62 African migrants on board to disembark
- Greek shipping minister raises concerns about meeting IMO 2020 sulphur rule
WITH the January implementation of the International Maritime Organization's low sulphur mandate rapidly approaching, Greece's Shipping...
- German intelligence chief: Communist Huawei can't be trusted with 5G
GERMANY's Federal Intelligence Service chief Bruno Kahl said Shenzhen's Huawei Technologies 'can't be trusted,' signalling...
- Carriers expected to launch a November offensive to increase spot rates
NOVEMBER is expected to be a month for ocean carriers to push up container spot rates, according to Alexander Borulev, commodity associate at S&P...
- N American railroads predict headwinds will impact volumes through year-end
THE Union Pacific railroad anticipates its rail volume in the second half of the year will fall to 'mid-single digits' after revising...
- Airbus, EU warn of dire consequences if US imposes WTO tariffs
AIRBUS has warned that if the US exercises its right under WTO rules to impose US$7
- Outlook for container shipping is gloomy as demand softens, capacity expands
CONTAINER shipping's growth prospects are being impeded by a slowdown in world economic growth and in global manufacturing at a time when ship...
- China and US to hold Washington trade talks in October amid mistrust
CHINA and the US announced have announced direct trade talks in Washington aimed at ending their tariff war in the coming weeks, reports Bloomberg
- US-China trade war bites into HK's exports in July, shrinking 5.7pc
GOVERNMENT statistics show that Hong Kong's exports tumbled 5
- Cathay warns of 'significant impact' to revenue from unrest, as cargo dips 8pc in July
HONG Kong's Cathay Pacific Group carried 169,720 tonnes of cargo and mail in July, a drop of 8
- Removal of trucking capacity supports stronger rates moving forwards
TRUCKING carriers in the US are continuing their exodus of the market due to a number of factors, including the regulatory environment, low rates,...
- HKTDC seminar checks out ways and means of exiting China
TRADERS in Hong Kong are looking to soften the blow of further US tariffs of up to 25 per cent on imports from China by relocating their production...
- SIA profit falls 20.7pc to U$80.7 million as revenues rise 6.7pc
SINGAPORE Airlines (SIA) net profit in the first quarter of its fiscal year fell 20
- Hong Kong's air freight volumes soften due to US-China trade row
THE latest DHL Hong Kong Air Trade Leading Index shows that the trade war between the US and China is having a negative effect on Hong Kong's air...