Latest news on the shipping, logistics and cargo industry
Evergreen orders 10 box ships for intra-Asia service
Taiwan’s container shipping company Evergreen Line has confirmed it made an order…
July 8, 2015
1 minute read
Singapore leads ASEAN investments in Vietnam
Countries in the Association of Southeast Asian Nations (ASEAN) have shelled out…
July 8, 2015
2 minute read
Drewry reverses forecast: container shipping now lucky to break even
A toxic mixture of overcapacity, weak demand, and a fierce price war…
July 8, 2015
3 minute read
G6 Alliance voids 4 sailings on Asia-Europe lane
The G6 Alliance is cancelling four sailings between Asia and Europe from…
July 8, 2015
2 minute read
BOC slashes penalties for late submission of sea manifests
The Bureau of Customs (BOC) has reduced penalties for late submission of…
July 7, 2015
3 minute read
BOC to strictly enforce penalties on use of generic import description
The Bureau of Customs (BOC) has issued a memo reiterating its mandatory…
July 6, 2015
3 minute read
Busan Port booms, Kaohsiung seeks operators of new ULCV berths
Container traffic at South Korea’s Busan Port increased 3.7% to 1.63 million twenty-foot…
July 6, 2015
2 minute read
Indonesia lowers GDP growth outlook as global trade slows
The Indonesian government has shaved some points off its 2015 economic growth…
July 6, 2015
2 minute read
Malaysia’s May exports decelerated 6.7%
Exports of Malaysia in May contracted in value 6.7% to MYR60.5 billion…
July 6, 2015
2 minute read
Shipping confidence nosedives to 7-year low
Low freight rates and overtonnaging dimmed the overall confidence of shipping stakeholders…
July 3, 2015
3 minute read
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