Market Update _ Ocean Freight: 26th January 2018

January 26th, 2018|Categories: News|Tags: |

The impending Chinese holidays in mid-February that will usher in the Year of the Dog are set to impact once again on the relatively free flow of goods from Asia to Europe as carriers look to maximise this brief window of opportunity for higher freight rates. However, there are conflicting signs for the carriers and [...]

Vietnam to invest in inland container depots: 4th January 2018

January 4th, 2018|Categories: News|Tags: |

Vietnam plans to invest VND20 trillion (US$881 million) to develop inland container depots close to railway networks and inland waterways by 2030. The government's plan calls for investment from the private sector. The depots will be built in Hanoi-Lao Cai and Hanoi-Lang Son economic corridors, the economic zone in the southeast of Hanoi, the northeast [...]

Port of Shanghai lifts its 40 millionth TEU: 3rd January 2018

January 3rd, 2018|Categories: News|Tags: |

Shanghai International Port Group reached a record breaking 40 millionth TEU crossing its Yangshan dock on December 29, making the city's port the first and only in the world to move that many containers in 2017. Shanghai lifted its first million TEU in 1994 and then surpassed 20 million TEU in 2010, at which time [...]

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