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PSA International braces for a tough year
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Disruption is key element facing PSA International and the global economy over the next year, following what the company says was a challenging year...
Wan Hai and Interasia launch southern China-Southeast Asia service
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Wan Hai Lines of Taiwan and Japanese intra-Asia carrier Interasia Lines will launch a new service that connects the Pearl River Delta ports with...
CargoSmart companies sign collaborative platform shareholder’s deal
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Nine of the 40 companies involved in the logistics platform CargoSmart, which was launched in 2000, have signed an agreement to develop a more...
Booking platform offers Evergreen’s customers benefits
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GreenX, the new booking platform developed by Taiwan’s Evergreen Line, will offer guaranteed space on board its vessels, so no roll-over cargo and a...
Ningbo-Zhoushan Port raising US$1.6 billion for expansion
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China’s Ningbo-Zhoushan Port plans to raise US$1.6 billion to expand six container terminals that will increase annual handling capacity by 5.6 million TEU to...
Transparency is key to safer seas
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Passengers boarding flights at almost any airport in the world today will be faced with significant security measures, including x-rays of luggage, scrutiny of...
SM Line executives take salary cut as COVID-19 hits
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South Korean liner operator SM Line Corporation has asked executives to take a 10% salary cut as the company suffers from falling container volumes...
Minimal sale and purchase activity a reflection of depressed market
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Macroeconomic indicators remain depressed with the International Monetary Fund revising its China GDP growth downwards by 0.4% to 5.6% for 2020 as a result...
Rising SE Asia trade prompts Sealand’s Incheon calls
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Maersk Line’s regional unit Sealand has launched two new intra-Asia services with calls at Incheon, reflecting growing container trade between the South Korean port...
Marseilles follows Le Havre lead with strike rebates
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Leading French cargo port Marseilles has followed the example of west coast rival Le Havre by introducing an "emergency" incentive package to compensate shipping...
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