Sinking shipyard prices driving newbuild orders—Drewry

Plummeting shipyard prices is one of the reasons for the recent surge…

Hapag-Lloyd sets PSS for Asia-North America lane

Germany’s Hapag-Lloyd is implementing a peak season surcharge (PSS) on all shipments…

Malaysia to construct new terminal at Kuantan Port

A new deepwater terminal will be built at Kuantan Port, a multipurpose…

Asia-Europe box rates climb post-July 1

Container rates on the Asia-Europe trade lane soared as carriers pushed through…

Malaysia’s Port Klang eyeing third terminal

Port Klang, Malaysia’s busiest port, is considering constructing a third terminal after…

OOCL to hike rates on Southeast Asia-Australia lane

Saying current freight rates do not cover basic operating or transportation costs,…

PH agencies agree to conduct study on port congestion

AFTER several fact-finding consultations, the Philippine Department of Justice’s (DOJ) Office for…

Tiger eyes 7% share of cargo in P5B revenue target

LOW-COST carrier Tiger Airways Philippines expects its air cargo business to contribute…

IATA: world airfreight growth still flatlining

Global air cargo growth has continued to flatline in May, broadly following…

TSA to implement peak season surcharge Aug. 1

CONTAINER shipping lines in the Transpacific Stabilization Agreement (TSA) are implementing a…