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China plans $75 billion infrastructure fund to revive economy
BEIJING, July 5 (Reuters) - China will set up a state infrastructure investment fund worth 500 billion yuan ($74.69 billion) to spur...
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Biden Considering Easing Trumps’ China Trade Tariffs
Senior US and Chinese officials discussed US economic sanctions and tariffs Tuesday amid reports the Biden administration is close to...
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Maersk Sees No Let Up In Surging Cost Of Shipping Goods
The cost of shipping goods has surged 25-30% since the start of the pandemic due to array of inflationary pressures that are “unlikely to...
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Port of Los Angeles & Long Beach box dwell fee on hold again through July 8
The San Pedro Bay ports of Long Beach and Los Angeles will once again delay consideration of the "Container Dwell Fee" until July 8....
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Box congested Port of Oakland slashes free waiting time
THE Port of Oakland has reduces its landlord dwell time for containers from seven to four days before tariffs are applied, reports CNBC...
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Port of Santos enjoys its best ever start in box business year
MANAGING a 0.4 per cent year-on-year container volume increase in the first five months of the year, Brazil's Port of Santos has made its...
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Box ships still go for US$160,000 daily despite import fears
CONTAINERSHIPS are still renting US$160,000 a day despite import fears, with demand to transport cargo weakening, reports BeyondWords....
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Cathay Pacific Cargo resumes full freighter schedule
HONG KONG's Cathay Pacific Cargo has resumed its full freighter schedule and will be operating between 90 to 100 freighters a week,...
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Cargo from AAPA members fell 5.6pc in May 2022
CARGO traffic carried by the Association of Asia Pacific Airlines (AAPA) members fell 5.6 per cent in May 2022, reports London's Air...
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What are the best products to import from China?
This is one of the biggest questions on the minds of many budding entrepreneurs. What are the best products to import from China? What...
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Boxship building spree continues, problems loom ahead
LINER operators and ship-owning companies continue placing more orders, mostly at Asian yards, despite the rising price of newbuild...
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BAL orders its first newbuild ships at China's Jiangnan Shipyard
HONG Kong-registered fast- growing Chinese containership operator BAL Container Line has placed its first newbuild orders, according to...
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Freight rates expected to fall 20-30pc in the second half of the year
SHIPPING prices have already started to fall although inflation remain high as some US importers reduce orders for goods amid concerns...
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Wan Hai named container shipping line of the year on Far East trade lane
TAIWAN's Wan Hai Lines has been crowned the "Container Shipping Line of The Year - Far East Trade Lane" by the 13th India SECC (South...
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Kalmar to supply three Eco reachstackers to Yantai
KALMAR, part of Cargotec, has received an order for three Kalmar Eco Reachstackers from Yantai Port in China making the Eco reachstackers...
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MHT to receive US$8m funding for air cargo facility
THE US Federal Aviation Administration is to award US$7.9 million to Manchester-Boston Regional Airport (MHT), in Manchester, New...
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Maersk’s new feeder service to lower Asia-Italy transit times
Danish shipping company Maersk plans to launch a new feeder service that is anticipated to cut down transit times between Asia and...
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Why Products from China are so Cheap
Products from China generally much cheaper compared to many other countries. More importantly, they are so often more cost effective and...
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Port of Rotterdam Authority abandons Normal Amsterdam Water Level (NAP) after 200 years
The Normal Amsterdam Water Level (NAP) has been used as the basis for Vessel Traffic Services in the port of Rotterdam for some 200...
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China’s improving business environment boosts foreign companies’ confidence
China’s efforts to improve the business environment boosted foreign companies’ confidence and strengthened their determination to expand...
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