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Latest news on the shipping, logistics and cargo industry

Low-sulfur policy has no impact yet on carriers’ costs, says Drewry

Many shipping lines have started applying low-sulfur bunker surcharge with the implementation…
  • February 16, 2015
  • 2 minute read

Capacity cuts, fewer sailings shave APL’s loss by 64% in Q4

Neptune Orient Lines (NOL) continued its losing streak for the third consecutive…
  • February 14, 2015
  • 3 minute read

Malaysia’s Westports achieves record 2014 as Korea’s Busan port deepens capacity

Westports of Malaysia posted a net profit of RM139.8 million (US$39 million)…
  • February 14, 2015
  • 2 minute read

Asia cargo climbs as US consumers hanker for high-tech goods

Despite the uneven recovery in the global economy, demand for foreign goods…
  • February 14, 2015
  • 4 minute read

US West Coast ports schedule 4-day shutdown

The Pacific Maritime Association announced on February 11 it will halt vessel…
  • February 12, 2015
  • 2 minute read

Hanjin Shipping stopping calls to Port of Portland

South Korea’s Hanjin Shipping, the Port of Portland’s largest container carrier, said…
  • February 11, 2015
  • 1 minute read

Eurogate’s volumes pushed to record high by arrival of mega ships

Mega-container ships helped to generate higher handling volumes for the Eurogate group,…
  • February 11, 2015
  • 2 minute read

Malaysia lowers trade forecast, focusing on ASEAN in 2015

Coming off a strong 2014, Malaysia is forecasting the slowdown of its…
  • February 11, 2015
  • 2 minute read

Drewry: ULCV orders increasingly based on alliance needs

Evergreen has joined the league of big ships with its recent order…
  • February 11, 2015
  • 4 minute read

BOC 2014 collection up 21% but still short of target

Revenue collection of the Bureau of Customs (BOC) reached P369.488 billion in…
  • February 9, 2015
  • 1 minute read