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China's September export value increases 9.9pc, setting monthly record Oct 17,2012
CHINESE exports grew 9.9 per cent to produce a monthly record in September to US$186.4 billion, beating expectations, reported the Wall Street Journal. Economists only expected five per cent export growth and two per cent import growth for the month, said the report. The good news comes ahead of thi... [learn more]
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Air China to launch more international flights to cope with downturn Sep 12,2012
AIR CHINA will continue to optimise its cargo business, seeking larger clients to exploit new markets, particularly more international routes to cope with pressures from the current downturn, Xinhua reports. [learn more]
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Shenzhen's Da Chan Bay welcomes OOCL Philippines Feeder 2 service Sep 12,2012
SHENZHEN's Da Chan Bay Terminal One, managed by Hong Kong's Modern Terminals, has welcomed the maiden call of the Philippines Feeder 2 (PHF2), an Intra-Asia service, with the docking of the 2,700-TEU Larentia. [learn more]
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Hapag-Lloyd's big shareholder Kuehne proposes merger with Hamburg Sud Jul 04,2012
THE biggest individual shareholder of German flag carrier Hapag-Lloyd, Klaus-Michael Kuehne, has suggested that Hapag-Lloyd merge with Hamburg Sud to restore its old position as fourth largest box carrier with a combined fleet of 1.05 million TEU to compete with the top three: Maersk, MSC and CMA CGM. [learn more]
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Hapag-Lloyd increases Far East-India rates, and North Asia-Oz US$300/TEU Jul 04,2012
GERMANY's Hapag-Lloyd will levy a US$300 per TEU rate increase on cargo from the Far East, excluding Japan, to India, Pakistan, Bangladesh and Sri Lanka from July 15. The ocean carrier will also increase rates $300 per TEU on trades from Korea, China, Hong Kong and Taiwan to Australia to take effect ... [learn more]
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Chinese express company launches domestic all-cargo flight services Jun 08,2012
A Boeing 737 freighter recently took off from Hangzhou's Xiaoshan Airport, marking the launch of the first all-cargo flight operated by domestic express company YTO Express, Xinhua reports. [learn more]