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PSA and OOCL link up for greener Singapore haulage community
PSA Corporation Ltd (PSA) and Hong Kong's Orient Overseas Container Line Limited (OOCL) have successfully completed a joint pilot project...
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NTC opens office in Port Klang, Malaysia to boosts it logistics services
INDIA's NTC group, headquartered in Chennai, has opened an office at Port Klang in Malaysia, to enhance its logistics services in the...
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Air freight demand begins to waver amid rising global inflation
THE strong air cargo demand that has helped passenger-deprived airlines stay afloat over the past two years is showing signs of softening...
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Ukraine war and omnichannel reshaping air freight, say execs
SOARING air cargo revenues hit a record US$175 billion in 2021 - compensating for the $51.8 billion lost on the passenger side, and the...
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How does Freight Forwarding from China work?
Since China is the world's largest exporter, the demand for freight forwarders in China is correspondly huge and continues to grow each...
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Covid crisis provided great benefits to air freight providers while the costs are borne by shippers
The world's air freight industry is looking forward to more of the same as they reckon the Elders of Davos will keep the Covid crisis...
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Breakeven point for Maersk’s ocean shipping up 25% – executive
The breakeven point for logistics giant Maersk to ship goods and cargo has risen by more than 25% due to an array of inflationary...
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Drewry: World Container Index 10% Lower Than a Year Ago
Drewry’s composite World Container Index decreased by 3% to $7,285.89 per 40ft container this week. Our detailed assessment for Thursday,...
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MSC orders another 20 containerships from Chinese yard
ALPHALINER is reporting that Mediterranean Shipping Co's (MSC) world-beating orderbook has grown by another near 200,000 slots, according...
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HK's incoming CE aims to expedite the re-opening of territory's borders
HONG Kong's incoming leader, John Lee Ka Chiu, who takes over the reign on July 1 from Carrie Lam, has spoken of the urgency to work...
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China-BRICS trade up 12.1pc between January and May
TRADE between China and BRICS countries stood at CNY1.31 trillion (US$196 billion) from January to May, surging 12.1 per cent year on...
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PIL boosts Intra Asia coverage with new China-Thailand-Vietnam service
SINGAPORE's Pacific International Lines (PIL) has introduced a new weekly direct service connecting key ports in China, Korea, Thailand,...
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South Africa looks to container barge to alleviate congestion
SANDOCK Austral Shipyards has added a new tool that could revolutionise the way containers are handled in South Africa's ports, reports...
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Dublin Port sets up new inland box depot north of the city
THE Dublin Port Company (DPC) has announced it will develop a second empty container depot as part of the 22-hectare first stage...
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Growing demand leads to 'volatile' Asia-Europe capacity
DEMAND continues to be strong out of China, but capacity between Asia and Europe is "volatile" and increasingly limited, reports London's...
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Inaugural Geodis freighter flight between Italy and China
GEODIS' Airbus A330-300 freighter has operated between Italy and China for the first time, according to London's Air Cargo News. The...
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The world’s largest 24,000-TEU container ship, built by CSSC, is completed in Shanghai
The world’s largest container ship, built by China State Shipbuilding Corporation, can carry 24,000 twenty-foot equivalent unit (TEU)...
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Ningbo-Zhoushan Port adds capacity with new box berth
THE Port of Ningbo-Zhoushan has added another dock, container berth No 9 located at Meishan port area, which is designed to handle...
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Chinese carriers dominate new entries into the top 50 liner rankings
SINCE the pandemic started there's been plenty of changes in the liner rankings, not just at the top where Mediterranean Shipping Co...
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Maersk's container liftings surpass Cosco's in fourth quarter of 2021
DANISH shipping giant Maersk has topped Cosco in container liftings in the final quarter of 2021 as volume return to pre-Covid levels,...
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