South Korea’s largest shipping line Hanjin Shipping is introducing a Singapore-West Australia service effective mid-January next year. The West Australia Express (WAX) begins on…
Emergency bunker surcharge on Vietnam cargo slashed
A lower emergency bunker surcharge (EBS) will be applied to all outbound shipments from Vietnam to intra-Asia ports from January next year, OOCL (Vietnam)…
OOCL hikes rates for Southeast Asia-Australia string
Orient Overseas Container Lines (OOCL) announced a general rate increase (GRI) on its Southeast Asia-Australia services from mid-January, 2013 “to restore freight rates to…
Nine global logistics networks have banded together to form an association that will set industry standards and represent the freight forwarding community with global…
Global airfreight’s growth flat in 2012, forecasts ACI
With an overall slowdown in the movement of goods across borders, international airfreight contracted by 1.2 percent in October year-over-year, with traffic growth for…
YCH to construct supply chain complex in Singapore
Singapore-based supply chain company YCH held a groundbreaking ceremony on December 7 launching the Supply Chain City project, a 6.5-hectare logistics facility to be…
Research and advisory company Drewry and global forwarder network WACO-System have joined forces to introduce the first independent multi-trade airfreight rate benchmarks into the…
The surging economies of Southeast Asia have been a bright spot in developing Asia’s otherwise subdued 2012 growth performance, but the broader region should…
Asian shippers seek urgent reforms to control freight rate spikes
The Asian Shippers’ Council is calling for urgent reforms to maritime regulations in Asia amid what the ASC says are the “incomprehensible” freight rate…
Maersk Line announced it will simplify its surcharge system starting 2013 under a two-phase program that combines various freight surcharges into a basic ocean…
Global container shipping lines APL and Hanjin Shipping have teamed up to launch a new weekly service in mid-December expanding their intra-Asia reach. The…
