ISRAELI carrier Zim is going ahead with its plan to enter the Asia-Australia trade despite the high levels of container congestion being witnessed at...
- Zim ploughs ahead with Asia-Australia service despite Sydney port's woes
- CMA CGM imposes US$150/TEU congestion charge on Felixstowe
FRENCH shipping giant CMA CGM is to levy a US$150 per TEU port congestion surcharge from October 1 on all Asian containers imported or exported...
- South Korea struggles to lure factories home from China and Vietnam
SOUTH Korea is struggling to lure companies with operations overseas back to the country despite expanded incentives aimed at helping local factories...
- Carriers suspend trans-Pacific rate hikes after Chinese ministry comments
COSCO Shipping and Hong Kong's Orient Overseas Container Line (OOCL) have suspended planned September 15 general rate increases (GRIs) on the...
- South Korea's HMM and SHI to develop smart ship technology
KOREA's HMM and Samsung Heavy Industries (SHI) have signed a memorandum of understanding (MOU) to develop smart ship technology, reports...
- AUTOPLAN project kick-off meeting in UZMAR
The AUTOPLAN (Automatic Navigation Assistance System for Planing and Semi-planing Crafts) project kick-off meeting was held on 10th September 2020...
- Mounting pressure on China exporters with soaring US shipping costs
SHIPPING freight rates from Shanghai to the west coast of the US have more than doubled to US$3,639 per FEU between May to August, making it the...
- Cathay flew 98.8pc fewer passengers and 36.7pc less cargo in August
HONG Kong's Cathay Pacific and Cathay Dragon carried a total of 102,122 tonnes of cargo and mail in August, a decrease of 36
- China's attempts to spur consumption show signs of working
A GAUGE of Chinese business activity outside the factory floor rose to its highest level in two and a half years in August, a sign that Beijing's...
- Association of Asia Pacific Airlines reports July cargo demand stablises
THE Association of Asia Pacific Airlines (PA) reported a stable air cargo demand in July, reports London's Air Cargo News
- Savannah harbour is now number one port for American exports
THE Port of Savannah exported more loaded containers than any other port in the country from January through May, achieving a 12
- Q3 demand for box shipping forecasts to decline slightly by 0.1pc: analyst
ANALYST Sea-Intelligence says the demand in the third quarter for container shipping is expected to contract by 0
- Shippers switch from air to rail to move goods from China to Euorpe
UK-HEADQUARTERED freight forwarder Davies Turner has seen an increase in the number of customers using rail as an alternative to air on China-Europe...
- OOIL H1 profit down 19.4pc to US$102m despite 3.9pc rise in revenue
ORIENT Overseas International Line (OOIL), the parent company of Orient Overseas Container Line (OOCL) and a subsidiary of Cosco, has posted a profit...
- Cathay flew 98.7pc fewer passengers and 39.8pc less cargo in July
HONG Kong's Cathay Pacific and Cathay Dragon carried a total of 42,984 passengers in July, a year-on-year decrease of 98
- Cathay Pacific Group posts US$1.2 billion loss as revenues fall 48.3pc
HONG KONG's Cathay Pacific Group posted an HK$9
- Global air cargo up 8pc in July, continues to show a slow recovery
GLOBAL air cargo volumes continue to show a slow recovery, with an eight per cent increase in July, reports London's Air Cargo News, citing a...
- Lufthansa first half profit falls 99.1pc to US$4.1 billion as sales fall 52pc
GERMAN flag carrier Lufthansa experienced a 99
- Trump administration signs order seeking to return drug making to US
US President Donald Trump signed an executive order to encourage production of drugs and medical supplies in the US following shortages the Covid-19...
- Port of Rotterdam cargo volumes suffer 9.1pc drop in first half
THE Port of Rotterdam lifted 218