ReCAAP: Asian Maritime Crimes Up in First Eight Months of 2018

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September 11, 2018 The total number of incidents of piracy and armed robbery against ships in Asia during January-August 2018 increased by 5% compared to the same period in 2017, according to the regional piracy watchdog ReCAAP ISC. A total of 57 incidents comprising 45 actual and 12 attempted incidents were reported during January-August 2018 compared to 54 […]

Drewry: Little Hope for Asia-West Africa Volume Recovery

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March 20, 2017 Carriers in the Asia to West Africa container trade could be dragged through another woeful demand story as the container traffic on the route continues decreasing in 2017, according to shipping consultancy Drewry. The traffic in the trade dropped by around one-fifth since 2014. After southbound container flows into West Africa dropped […]

Alphaliner: Asia-Europe Trade to See Further Rate Turmoil

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March 15, 2017 The Asia-Europe trade route is bound to experience further rate turmoil during 2017 as carriers from three new alliances are set to phase additional vessel capacity into the trade starting from April, according to Alphaliner. The three new alliances, including 2M-HMM/HS, OCEAN and THE Alliance, will provide 17 weekly strings between Asia […]

Drewry: Rate Levels Surge from North Europe to Asia

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March 10, 2017 Spot container freight rates from North Europe to China have reached a four-year high as they jumped by 45% this week, according to shipping consultancy Drewry. The market reading on the route from Rotterdam to Shanghai reached USD 1,076 per 40ft dry container on March 9, from USD 740 last week. “Our […]

ZIM Broadens Asia – Pacific North West Scope

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February 23, 2017 Israeli container carrier Zim Integrated Shipping Services (ZIM) is to add the second Asia – Pacific North West service in April 2017 if the company gets an all-clear from the US Federal Maritime Commission (FMC). The new service will be named Zim Pacific North (ZPN) and will have the following rotation: Hong […]

Air freight dives in Asia – should we panic?

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March 31, 2016 The Association of Asia Pacific Airlines published February international traffic results and, for cargo, the news is bleak, down 12 percent, year-over-year. But as David Harris points out, from sister publication Cargo Facts, data from January and February are often skewed by the timing of the Chinese New Year Read More

APM 2016: Innovation Key to Ride Out Industry Storm

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March 16, 2016 The maritime and offshore industry should look to investing in innovations and finding ways to optimize efficiencies, in order to be well placed to do well when the markets turn and the global economy picks up again, Mike Meade, CEO of M3 Marine, said on the occasion of the opening of Asia […]