Asia

Asia

29 Nov 2022
South Korea’s government took the unprecedented step of ordering some of the striking truckers back to work Tuesday, although strike organizer Cargo Solidarity said it would defy the order.
29 Nov 2022
The ability of ocean carriers to manage their growing supply of excess capacity is becoming tougher by the week as supply chain bottlenecks ease and global economic headwinds strengthen.
28 Nov 2022
US-based MPV operator Intermarine is expanding into Asia and Europe via a partnership with Thailand’s WeShip.
28 Nov 2022
CMA CGM continued its run of extreme profitability in the third quarter, strengthening its already solid balance sheet and slashing debt levels, but it warned that economic headwinds are strengthening.
23 Nov 2022
Forwarder Kuehne + Nagel is receiving new freighter capacity as global demand wanes and rate levels tumble through a non-existent peak season.
23 Nov 2022
The resumed service at India’s VOC comes as the port has embarked on a raft of new infrastructure projects to position itself as an alternative transshipment hub to Sri Lanka’s Colombo Port.
21 Nov 2022
The fund is one of several measures taken by South Korea’s government to help the country’s shipping sector weather the downturn in container trade.
18 Nov 2022
Growing uncertainty over demand levels and falling rates is making longer-term traditional air freight block space agreements unattractive.
18 Nov 2022
While a stabilization of rates on the trades out of India was always in the cards, the speed at which the market turned has caught carriers off guard, says the head of the country’s container shipping lobby group.
18 Nov 2022
Developing green ocean trade lanes will become increasingly complex as the number of stakeholders increases and cooperation deepens across the value chain.
17 Nov 2022
Plunging imports from Asia in October, normally one of the busiest months of the year, signals a continued “flattening” of eastbound trans-Pacific demand in the coming months, according to Ben Hackett, principal at Hackett Associates.