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CMA CGM orders three 20,600-TEU ships as profit zooms 43%

France’s CMA CGM said it made a “solid performance in 2014,” marked…
  • April 1, 2015
  • 2 minute read

OOCL orders six 20,000-TEU ships, christens 8,888-TEU newbuild

Hong Kong-listed Orient Overseas (International) Limited (OOIL) announced it has placed an…
  • April 1, 2015
  • 2 minute read

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

Air cargo grew in volume in February year-on-year, but interestingly the bulk…
  • March 31, 2015
  • 2 minute read

ADB: sustained reforms can spur Indonesian economy’s revival

Indonesia’s economic growth is expected to accelerate again over the next two…
  • March 30, 2015
  • 2 minute read

Carriers launch new services, new ships

Three box liners have announced they will launch in July a joint…
  • March 29, 2015
  • 3 minute read

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…
  • March 28, 2015
  • 3 minute read

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…
  • March 27, 2015
  • 3 minute read
Canal restrictions may hit

Box ships projected to find little financial respite in 2015

The container carrier industry posted a decline in revenue in the past…
  • March 26, 2015
  • 4 minute read

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

Asia’s developing economies will tread a strong path to economic growth in…
  • March 25, 2015
  • 4 minute read

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

Singapore is taking mobile technology use to a much higher level, unveiling…
  • March 25, 2015
  • 2 minute read