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Singapore NODX extend winning run for fourth month

Singapore NODX extend winning run for fourth month

Mar. 22 | Singapore’s non-oil domestic exports (NODX) rose by 21.5% year-on-year in February 2017, extending the growth in the preceding three months as both electronic and non-electronic exports increased, according to International Enterprise Singapore (IE...

Zhengzhou Airport customs shaves inspection time for mails

Zhengzhou Airport customs shaves inspection time for mails

Mar. 22 | A new mode of inspecting outbound mails has been introduced at Zhengzhou Xinzheng International Airport, successfully cutting down significantly inspection time at the principal airport of Zhengzhou, the capital of Henan Province, China. According to...

Global sulfur cap among Asian shipowners’ biggest worries

Global sulfur cap among Asian shipowners’ biggest worries

Mar. 22 | Fair competition, anti-trust immunity, and the global sulfur cap are some of the most pressing concerns of Asian shipowners for this year, according to the Association of Shipowners’ Association (ASA). At the meeting of the ASA Shipping Economics Review...

Hyundai Merchant officially joins 2M

Hyundai Merchant officially joins 2M

Mar. 21 | South Korean shipping line Hyundai Merchant Marine (HMM) said it has signed a deal for a strategic cooperation with 2M Alliance, paving the way for the company to better compete with rivals. HMM recently signed the agreement called “2M+H Strategic...

Hapag-Lloyd, UASC merger delayed, no impact on THE Alliance

Hapag-Lloyd, UASC merger delayed, no impact on THE Alliance

Mar. 20 | German box carrier Hapag-Lloyd announced that its merger with United Arab Shipping Company (UASC) will be postponed by two months, but assured that the transaction is ongoing and that the April launch of THE Alliance, of which it is a member, won’t...

THE Alliance announces starting dates for Europe-Asia trade services

THE Alliance announces starting dates for Europe-Asia trade services

Mar. 20 | The shipping consortium THE Alliance has disclosed the starting dates of its new Europe-Asia shipping service, which will be launched next month. Under the alliance’s North Continent Services, the schedule of maiden voyages is as follows: FE1 (Far...

Airport cargo growth surges 9.5% on strong exports, positive business sentiments

Airport cargo growth surges 9.5% on strong exports, positive business sentiments

Mar. 20 | Improved business confidence and increased exports continued to propel air cargo growth through January, as shippers appeared unshaken by persistent economic uncertainties, according to the Airports Council International (ACI). ACI said international...

China-Europe maritime contract rates up 64%

China-Europe maritime contract rates up 64%

Mar. 17 | As the shipping environment appears to grow more conducive, negotiated contract rates for the China-North Europe corridor for mid-June 2017 have gone up by more than 64% year-on-year, but market uncertainties still prevail, according to a freight rate...

Hapag-Lloyd revamps Asia-Latin America service

Hapag-Lloyd revamps Asia-Latin America service

Mar. 17 | German container liner Hapag-Lloyd announced some changes to its services between Asia and the West Coast of Latin America effective March 25, 2017 following the termination of its Asia-Mexico Express 2 Service (AME2). The AME2 will be discontinued from...

WCO study tracks e-commerce practices and challenges

WCO study tracks e-commerce practices and challenges

Mar. 17 | The World Customs Organization (WCO) has released a report on e-commerce that compiles its member-customs administrations’ practices as well as their ongoing or future initiatives in processing cross-border low-value e-commerce. Current practices, issues,...
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