MSC poises rate hikes on Europe-Far East/Middle East trades

Mediterranean Shipping Company (MSC) announced general rate increases (GRIs) for the Europe-Far…

Companies not prepared for ‘black swan’ events—PwC

Many organizations’ risk management practices are worryingly incomplete and being outpaced by…

Indonesia’s Tanjung Priok port to install IT system to ease traffic

Pelindo II, Indonesia’s state-owned port operator, announced that the Port of Tanjung…

PSA International 2011 box throughput tops 57-M units

PSA International said it handled 57.09 million 20-foot equivalent units (TEUs) of…

Shipping an industry for long-term players, says analyst

The shipping industry is up against serious challenges in the next 12…

China harbor and port revenue up 10 percent in 2011—report

China’s harbor and port operations revenue for the freight transportation industry is expected…

Freight rates lift in pre-Chinese New Year rush—Drewry

Shippers should not lose sleep over the recent, short-lived jump in spot…

Singapore’s 2011 port traffic breaks records

Despite the global economic turbulence and the shipping industry’s woes in 2011,…

Maersk fleet to use Ericsson mobile and broadband technology

Maersk Line, the world’s largest ocean carrier, and Swedish telecommunications company Ericsson…

CaroTrans launches direct Los Angeles-Vietnam LCL service

CaroTrans, a global NVOCC (non-vessel operating common carrier) and ocean freight consolidator,…