Nov 1, 2018
— Peak season 2018 broke a new threshold in terms of ocean freight spot rates: It is now as expensive to transport a product from China to North America's West Coast as it was to ship to the East Coast during last year's peak season.
Oct 29, 2018
— The Port of Colombo has been ranked as the world’s fastest growing port among the top 30 container ports for the first half of 2018. In the wake of this positive sign it is important defining the challenges for the proposed East Container Terminal.
Oct 26, 2018
— The Asia to North Europe component of the Shanghai Containerised Freight Index (SCFI) recorded a 4.7% uplift in spot rates this week to $761 per teu, underpinned by a raft of cancelled October headhaul sailings by carriers.
Oct 22, 2018
— Turkish Cargo is preparing to move services from its current Istanbul Atatürk Airport (IST) hub to the Istanbul New Airport (ISL). ISL is scheduled to open on Oct. 29 of this year, and shortly after, on Dec. 31, cargo moving in belly holds of passenger aircraft will move through ISL, while Turkish Cargo’s freighter services will continue operating at IST.
Oct 22, 2018
— Boonma Real Mobility Group Thailand has successfully completed the contract to manage the logistics needs of the Top Thai Brands 2018 exhibition. The contract was awarded to Boonma by the Department of International Trade Promotion and the Ministry of Commerce Thailand.
Oct 11, 2018
— Hong Kong cannot compete with its shipping rivals and will turn its attention to maritime services as a way to strengthen its position as a key seaport trading centre, the city’s leader has admitted. Acknowledging the decline in sea cargo passing through Hong Kong, Chief Executive Carrie Lam Cheng Yuet-ngor sought to address the weakness by boosting the sector elsewhere.
Oct 5, 2018
— The modernisation of Indian ports and liberalisation of regulations could threaten the container transhipment business of Sri Lanka’s Colombo port, according to speakers at maritime industry forums this week.
Oct 5, 2018
— Increased freight demand across South-east Asia has given rise to a new breed of intermodal networks, driven by cross-border trucking. According to Gursimran Singh, regional business development manager at China-ASEAN road freight specialist Kart Asia, more and more large 3PLs are choosing Bangkok as their regional logistics hub and are relying on cross-border trucking networks for air and sea connections.
Oct 4, 2018
— The New Silk Road has become an integral part of the Eurasian rail freight sector. This became clear as experts from all over the world gathered in Tilburg, the Netherlands on 27 September to discuss the opportunities of the New Silk Road. They revealed the latest investments, new routes and remaining bottle necks on the multimodal connection between Europe and China.
Oct 1, 2018
— Ports in Japan re-opened Monday after operations were suspended Sunday as Typhoon Trami made landfall, bringing strong winds and heavy rains. Trami, which at its peak packed maximum gusts of 216 kph, was weakening slightly but still causing extreme weather Monday, the Japan Meteorological Agency said.
Sep 28, 2018
— Azerbaijan is keen to further leverage its transit and logistics potential by transforming the transportation system and services into one of the key comparative advantages of its economy, Azerbaijan’s Foreign Minister Elmar Mammadyarov said.
Sep 19, 2018
— Typhoon Mangkhut is currently the largest storm in the world in 2018, and it’s impacting a region that is the center of manufacturing and shipping. The effects will be felt by industries, companies, and consumers across the globe.
Sep 18, 2018
— A shipping vessel operated by the world’s largest container shipping company, Maersk, has for the first time managed to sail through Arctic waters off northern Russia, Danish public broadcaster DR reported Sept. 17.
Sep 17, 2018
— A typhoon made landfall in China's Guangdong on Sunday (Sep 16), the country's most populous province, killing at least two and causing millions to be evacuated. Typhoon Mangkhut made landfall in Haiyan after wreaking havoc in Hong Kong and Macau and killing more than 50 in the Philippines. Ports, oil refineries and industrial plants in Guangdong have been shut.