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Drewry survey shows container shipping underperforms on service May 22,2012
LONDON's Drewry Maritime's Carrier Performance Insight team reports that service standards in the container shipping are as low as 40 per cent when weighed against key performance indicators. [learn more]
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Asian, Japanese shipowners protest Panama Canal toll hike proposals May 22,2012
THE Asian Shipowners' Forum (ASF), supported by the Japanese Shipowners' Association (JSA), are protesting proposed Panama Canal toll increases, saying that they were made without consultation and at a time when the industry can least afford them. [learn more]
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Maersk to raise Asia-Latin America US$300/TEU surcharge from May 20 May 02,2012
DANISH shipping giant, Maersk Line, the world's largest container shipping company, has announced it will impose US$300 per TEU peak season surcharge on its Asia-Latin America loops with effect from May 20 due to a shortage of 20-foot dry containers. [learn more]
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Shandong Zibo Bonded Logistics Centre's trade value hit US$1.4 million May 02,2012
EASTERN Shandong province's Zibo Bonded Logistics Centre posted an import and export value over US$100 million since it operated in November last year, reports Xinhua. [learn more]
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Fujian invests US$2.38 billion on roads and waterways in first quarter Apr 20,2012
DURING the first quarter of this year, southeastern Fujian province spent CNY14.97 billion (US$2.38 billion) on road and water traffic projects, taking 18.7 per cent of the province's annual investment target, Xinhua reports. [learn more]
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Wuhan, China's fourth passenger city, adds Paris to its flight list Apr 20,2012
AIR FRANCE has launched an 11-hour service from central China's city of Wuhan to Paris Charles de Gaulle, Xinhua reports. The service offers three flights a week using Boeing 777-200ER aircraft from Wuhan's Tianhe International Airport [learn more]