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.
Sep 12, 2018
— Under the liberalized cabotage program, foreign ocean carriers are free to transport laden export-import containers for transshipment and empty containers for repositioning between Indian ports, without any specific permission or license.
Sep 12, 2018
— China's coastal cities are booming with shipping and manufacturing, but there's a problem — they're running low on space, pushing some manufacturing and logistics hubs to nearby satellite cities and to that big land mass with people and plenty of area for development: The interior.
Sep 11, 2018
— According to international rating agency Alphaliner, the Port of Colombo has recorded a 15.6 percent growth in container handling for the first half of this year, out of the top 30 global ports.
Sep 7, 2018
— The Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia Information Sharing Centre (ReCAAP ISC) has produced a comprehensive report showing a total of 40 incidents of piracy and armed robbery against ships in Asia during the first half of the year, a 15% decrease when compared to the first six months of 2017 and the lowest number of incidents reported among the 10-year first half reporting periods between 2009 and 2018.
Sep 7, 2018
— The government has opened a four-month window for public-private-partnership (PPP) cargo terminals at major port trusts operating under a restrictive rate regime of 2005 to migrate to a market-driven pricing structure finalised in 2013 for new projects and has set terms and conditions for the shift.
Aug 24, 2018
— Considering present congestion in Bangladesh ports, CMA CGM reminds its customers of the implementation of a Port Congestion Surcharge as follows:
Effective August 20th, 2018 (B/L date) for all imports into Bangladesh
(except US trades: September 20th, 2018)
Aug 20, 2018
— Port Klang Authority (PKA) announced today that the 2nd phase of the increase in Port Klang’s container tariff which was due to be implemented on 1st September 2018, will be deferred to 1st March 2019.
Aug 14, 2018
— HMM recorded a net loss of $215m in the second quarter, taking the South Korean ocean carrier’s deficit to a massive $371m at the half-year stage. Like many of its peers, the carrier was hit hard by the rising cost of fuel and was unable to recover sufficient bunker surcharges to mitigate the impact of a 27% hike in bunker prices.
Aug 13, 2018
— Taiwanese ocean carrier Yang Ming has become the latest container line to report a heavy loss in the second quarter of the year, posting a net deficit of $129m. It means that all three members of THE Alliance vessel-sharing agreement have now posted negative results for the period.
Aug 2, 2018
— FedEx Express is enhancing its services into and out of the Vietnamese capital, Hanoi, with the introduction of a new flight connecting the city to the FedEx APAC Hub in Guangzhou, China. This new route will significantly improve transit times for all inbound flights to Hanoi, and enable next-business-day delivery within Asia for the first time.
Aug 1, 2018
— As of 1 August 2018, Customs Authorities in China will accept electronic documents (eDocs) at the point of Customs declaration, and will not longer require paper documents as a strict prerequisite for clearance.
Jul 25, 2018
— Oversupply of shipping capacity rather than trade wars caused the recent rationalisation in transpacific and Asia-US east coast container services, with US tariffs on Chinese goods largely hitting non-containerised goods, so far.