Maersk predicts ‘negative result’ for 2011 after 3Q drop

A.P. Moller-Maersk said net profits for the third quarter of 2011 were…

6 new Asia-Pacific carriers to lose $150 M

Six box lines that joined the trans-Pacific route over the last couple…

ASEAN law ministers discuss common visa, legal frameworks to unity

Law ministers from the Association of Southeast Asian Nations met to present…

Kerry Logistics relocates command center in flooded Thailand

As severe flooding paralyzes Bangkok and surrounding areas, Kerry Logistics announced the…

Asia-Europe carriers incurring record loss for every container

Shipping lines lose a record US$141 for every container they ferry to…

Hanjin trims net loss in third quarter as volume expands

Hanjin Shipping cut its net loss by nearly 69 percent to KRW85.9…

ASEAN forms data management group to integrate regional stats

The Association of Southeast Asian Nations has launched the ASEAN Community Statistical…

Strong currency cuts Panalpina profit by 7%

Freight and logistics firm Panalpina Group reported strong results for the third…

UK-ASEAN Business Council launched

The Association of Southeast Asian Nations and the United Kingdom have launched…

“K” Line launches direct service from Korea to Philippines and Indonesia

Japan-based carrier Kawasaki Kisen Kaisha, Ltd (“K” Line) has added a new…