Latest news on the shipping, logistics and cargo industry
Seaborne shipping grows at slowest pace since 2009, future remains uncertain
Seaborne shipments passed 10 billion tons for the first time ever in…
November 7, 2016
3 minute read
Mandatory global sulfur cap in shipping takes effect 2020
The International Maritime Organization (IMO) has decided on January 1, 2020 as…
November 7, 2016
2 minute read
Asian air cargo carriers register 5.5% September traffic growth
Air freight carriers in the Asia-Pacific, along with other regional airlines except…
November 7, 2016
2 minute read
Container line’s loss deflates Maersk group profit in Q3
A.P. Moller-Maersk delivered a profit of US$438 million in the third quarter,…
November 6, 2016
3 minute read
Higher freight rates seen as supply-demand gap improves
Container shipping’s massive supply-demand imbalance is expected to narrow going into 2017,…
November 5, 2016
2 minute read
BOC names key officials, including deputies
Philippine President Rodrigo Duterte has appointed five new senior officials of the…
November 4, 2016
3 minute read
Freight transport growing fast, but needs more climate efficiency
Trade-related freight transport is expected to grow by a factor of 4.3…
November 4, 2016
2 minute read
OCEAN Alliance bares service network, eyes April launch
Members of the OCEAN Alliance—Orient Overseas Container Line (OOCL), Cosco Container Lines,…
November 3, 2016
3 minute read
ASEAN business confidence slips to new low in Q3
Economic confidence among business leaders in Asia fell during the third quarter…
November 2, 2016
3 minute read
S Korean gov’t forms rescue plan for shipping industry
The South Korean government has announced a sweeping industrial restructuring plan to…
November 2, 2016
4 minute read
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