MSC holding world’s largest orderbook

Geneva-based carrier Mediterranean Shipping Co. (MSC) will receive new box ships with a total capacity of 473,000 TEUs (20-foot-equivalent units) from 2009 to 2016…

Global airfreight volumes expanded in June

Global air cargo demand rose 1.2 percent year-on-year in June, an improvement over the 0.9 percent year-on-year growth in May and 0.1 percent growth…

APM Terminals Yokohama tops global productivity ranking

A new study of the most productive terminals in the world has placed APM Terminals Yokohama in Japan at the top of the list.…

HKIA’s AAT logs double-digit cargo volume rise, has new GM

Asia Airfreight Terminal Co. (AAT), Hong Kong International Airport’s (HKIA) second cargo terminal handler, reported an 11 percent rise in tonnage throughput to 63,114…

Geodis fills key posts in US, India, Southeast Asia

Global freight manager Geodis Wilson has made management appointments in its offices in the United States, India, and Southeast Asia as part of its…

Changing buying trends impact peak season volumes

The third quarter will still be the peak season of the east-west trades for ocean carriers, but there will be no big surge in…

Hapag-Lloyd to bolster Asia-North America rates

Hapag-Lloyd will implement a general rate increase (GRI) on all dry, reefer, flat-rack and open-top containers from East Asia, India, and the Indian Sub-Continent…

APEC economies urged to adapt to new business realities

Amid the global economic uncertainty, Asia-Pacific Economic Cooperation (APEC) economies should continue deepening economic integration for resilience and sustained growth even as they should…

Zim expands Asia-Europe service, Wan Hai restarts Asia-WCSA loop

Zim Integrated Shipping Services has extended the port coverage of its Asia-Europe service, AEX1. Added are calls to the Asian ports of Dalian, Qingdao,…

Asian cargo airlines facing ‘challenging’ second half

Weak demand persisted for the Asia-Pacific air cargo industry in June, preliminary traffic figures from the Association of Asia Pacific Airlines (AAPA) showed. International…

Separate I/E ports for Indonesia’s Tanjung Priok port pushed

Indonesia’s Tanjung Priok Port in northern Jakarta should have separate seaports for imports and exports to solve the worsening traffic jams at the country’s…

Singapore’s Changi airfreight down, HKIA cargo up in June

Singapore Changi Airport handled 1.8 percent less cargo in June compared to the same period a year ago. Some 150,500 tonnes of airfreight were…

Expansion of Malaysia’s Kuantan Port to start by year-end

Construction of a new deepwater terminal at Kuantan Port on the east coast of Peninsular Malaysia will kick off at the end of this…

OOCL revenue, freight slide in second quarter

Orient Overseas Container Line (OOCL) saw its revenue fall in the second quarter of 2013 as cargo volumes slid during the period. The Hong…

Cathay Pacific to launch first LatAm freighter service

Hong Kong’s Cathay Pacific Airways will launch its first destination in Latin America with a new scheduled freighter service to Guadalajara, Mexico, in the last quarter…

Ban on building of new terminals at Vietnam’s southern ports

Vietnam has imposed a ban until 2015 on the construction of new container terminals in the southern part of the country to ease the…

East-West airfreight rates skid to record lows, says Drewry

Air cargo rates hit new lows in June as flat demand and rising capacity put pressure on already weak load factors, according to the…

OOCL names latest 13,208-TEU box ship

Hong Kong’s Orient Overseas Container Line (OOCL) has received its newest 13,208-TEU container ship and named it NYK Hermes at a christening ceremony held…

Emerging markets: ‘explosive’ growth area for supply chain firms

Emerging markets are expected to be the primary business growth area for the next century, and supply chain companies that are prepared to meet…

Report: Developing Asia’s 2013 growth outlook trimmed

The outlook for developing Asia has dimmed slightly on the back of continued tepid demand from major industrial economies and slower growth in China,…