Kuwaiti company’s Clark project has $3B price tag

A Kuwaiti company is sinking in $3 billion over a period of…

Globalport 900 to raise $200M for PH port projects

PUBLICLY listed Philippine company Globalport 900 Inc is eyeing to raise $200-million…

PH Jan imports down 3.2%

Philippine imports dipped 3.2% to $5.134 billion in January from $5.302 billion…

Report says emerging SE Asia markets key to industry recovery

After a five-year decline, the sea freight industry in China will once…

Carrier profit uncertain despite successful rate hikes—Drewry

Ocean carriers have successfully implemented a series of general rate increases (GRIs)…

Airfreight demand rises in February, but outlook still fragile

Global air cargo volume in February 2012 rose 5.2 percent year-on-year, according…

ZIM closes 2011 with $397-M net loss

Zim Integrated Shipping Services ended 2011 in the red, reporting a net…

Singapore port operator’s net profit dips

Singapore’s PSA International reported a net profit of S$1.14 billion (US$909 million)…

Maersk plans GRIs on Asia-US cargo

Maersk Line, the world’s biggest shipping container line, announced it will implement…

Multipurpose shipping market share getting bigger, says Drewry

Last year (2011) saw the multipurpose (MPV) fleet recover some of the…