Wednesday, January 20, 2021

Monthly Archives: March, 2015

‘Phenomenal growth’ of Asia-US trade propels robust airfreight activity

Air cargo grew in volume in February year-on-year, but interestingly the bulk came from the Asia-Pacific bound for the U.S., as WorldACD speculated that...

ADB: sustained reforms can spur Indonesian economy’s revival

Indonesia’s economic growth is expected to accelerate again over the next two years if the new government can keep up its momentum on structural...

Carriers launch new services, new ships

Three box liners have announced they will launch in July a joint Far East-West Coast of Central and South America service. Hanjin Shipping, Hyundai Merchant...

Hapag-Lloyd’s loss grew in 2014, vows return to profit this year

German box liner Hapag-Lloyd reported a bigger net loss in 2014, mainly due to falling freight rates and the cost of acquiring Chilean carrier...

Manila ports announce Holy Week schedule

The Bureau of Customs (BOC) has released its schedule of operations at the Manila International Container Terminal (MICT) and Port of Manila for the...

HK still world’s busiest airfreight hub; Asia carriers fly high in February

Hong Kong held on to its position as the world’s busiest air cargo hub in 2014, according to the Airports Council International (ACI), basing...

Box ships projected to find little financial respite in 2015

The container carrier industry posted a decline in revenue in the past two years, and the industry will continue to struggle in 2015 and...

Developing Asia’s prospects in 2015-2016 looking good, says ADB

Asia’s developing economies will tread a strong path to economic growth in 2015 and 2016, supported by soft commodity prices and recovery in the...

Port of Singapore unveils ‘smart’ initiatives promoting 4G technology

Singapore is taking mobile technology use to a much higher level, unveiling on March 23 new initiatives harnessing mobile technology and wireless connectivity to...

CMA deploys 10,622-TEU newbuild Volga, in talks to build 3 ULCVs

France’s top container shipping company CMA CGM announced it has deployed to the open seas the eighth of a series of 28 ships in...

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