ZIM starts new 'speedy' S China-LA service to cater for e-commerce

ISRAEL's Zim Line is to capitalise on the burgeoning e-commerce sector with a new, fast direct service connecting South China ports with Los...

APMT's Vietnam terminal to serve 2M Alliance's TP17 service

VIETNAM's Cai Mep International Terminal (CMIT), has welcomed the maiden call of the TP17 service deployed by 2M Alliance and in doing so secured...

PIL seeks lifeline from Temasek Investment to stay afloat

SINGAPORE-BASED Pacific International Lines is in talks with an arm of the Lion City's sovereign-wealth fund Temasek Holdings over a potential...

COVID-19 Outbreak causes serious risk for seafarers mental health

Harun Şişmanyazıcı, Vice President of the Maritime Safety Association, said that the uncertainty of the process affects the soul world of the...

China warns of 'new cold war' as US trade tensions rise

THE prospects of a trade war between China and the western economies have increased rapidly in recent days as Beijing accused the US of pushing...

Heathrow chief calls for common anti-virus measures to restart travel

THE head of London Heathrow airport has called on the UK to work with the European Union and the US on an international safety standard to reopen the...

Hapag-Lloyd's box ship quarantined at Durban due to coronavirus

GERMAN shipping giant Hapag-Lloyd has confirmed reports that its 2,824 TEU Montpellier has been ordered by the authorities in Durban, South Africa to...

China's big automaker profit falls 29pc to US$3.6 billion in 2019

SAIC Motor, the biggest automaker in China, reported a 28

Expert: US must be more friendly if China is to honour trade deal

THE US must create a friendly atmosphere if China is to honour its part in the current trade deal, according to agricultural expert Li Qiang, chief...

China-US air rates spike as virus hits and cargo capacity tightens

AIR and sea cargo rates have surged due to the coronavirus pandemic, with air freight prices from Shanghai to US and Europe quadrupling since the...

China-US air rates spike as virus hits and cargo capacity tightens!

AIR and sea cargo rates have surged due to the coronavirus pandemic, with air freight prices from Shanghai to US and Europe quadrupling since the...

DP World Sokhna runs at top speed despite tight health restrictions

DP World Sokhna in Egypt says it is operating its port at maximum capacity to meet import requirements and to continue supporting the country's...

US trucking suffers most in the US transport virus downturn

US TRUCKING shipments were down 23 per cent year on year in April, according to Cass, with a 16 per cent drop month over month, according to the...

Korean Air plans to raise US$817 million to stay afloat as flag carrier

KOREAN Air Lines plans to sell new shares to raise about KWN1 trillion won (US$817 million) after the coronavirus outbreak wiped out 90 per cent of...

Airbus CEO warns of massive job losses coming soon from virus crisis

AIRBUS must 'act fast' to slash jobs as it confronts the sharpest downturn in the aviation industry, says CEO Guillaume Faury in a memo to...

Oil glut prompts LNG producers to cut output as virus erases profit

LNG producers are looking to curtail production as global liquefied natural gas (LNG) prices fall due to oversupply on account of the Covid-19...

American ports must adapt to a 'new normal' operational mode

COVID-19 in the US has impacted maritime ports which find themselves at the intersection of the maelstrom of reduced economic activity, changes in...

Air cargo from China soars to meet rising pandemic demand

AIR cargo from China continues to surge to meet demands for personal protective equipment (PPE), creating extremely high rates, reports the American...

Indonesia to ease lockdown May 20 to save shattered economy

INDONESIAN officials have started talks on reopening the country for business from June, as job losses accelerate and businesses struggle to survive...

Oil glut prompts LNG producers to cut output as virus kills profit

LNG producers are looking to curtail production as global liquefied natural gas (LNG) prices fall due to oversupply on account of the Covid-19...