Cathay Pacific’s cargo earnings shrink due to overcapacity

Hong Kong-based Cathay Pacific Airways reported that cargo revenue for the first…

Vietnam to build more ports at a coastal economic zone

The government of Vietnam is planning to raise the number of ports…

Hapag-Lloyd hit hard by freight rate erosion

German container shipping line Hapag-Lloyd fell deeper into loss in the first…

OOCL’s volume, revenue lifted by stronger Western demand

Orient Overseas (International) Limited (OOIL) said group net profit in the first…

Vietnam needs administrative reforms to help local shipping sector

The Vietnamese government is looking to improve the state of the domestic…

NOL posts net loss of US$54 M amid ‘persistent’ trading hardships

Singapore-based Neptune Orient Lines (NOL) posted a net loss of US$54 million…

Indonesia’s Pelindo II firm about upholding JICT contract

Indonesia’s state-owned port operator PT Pelabuhan Indonesia II (Pelindo II) has turned…

Singapore leader tightens economic forecast to 2.5%-3.5%

Singapore Prime Minister Lee Hsien Loong has narrowed the forecast for the…

Asian air cargo fleet growth flat

The freighter fleet at Asia’s major airlines is largely unchanged at 135…

Vietnam prepares bundle of perks to boost takeoff of support industry

The Ministry of Industry and Trade in Vietnam has come up with…