News

The latest industry news and PSA BDP Happenings from across the globe.

January 2, 2018

Following the success of the Day One products introduced earlier this year, OOCL is very pleased to announce the forthcoming launch of the second phase of the OCEAN Alliance products in April 2018.

December 27, 2017

The announcement by the finance ministry on Wednesday comes weeks after Moody's Investors Service upgraded India's sovereign credit rating for the first time in nearly 14 years.

December 26, 2017

Chinese imports of coal from key supplier Australia slipped in November from a year ago, customs data showed, hit by heavy traffic congestion in Australian ports.

December 26, 2017

Japanese shipping company Mitsui O.S.K. Lines (MOL) has signed an agreement with Furuno Electric and MOL Techno-Trade to jointly develop a system that supports ship operation during voyages using augmented reality (AR) technology.

December 26, 2017

A fear that there will be a shortage of containers in the coming year is unjustified as factories could increase their production if demand spikes, shipping consultancy Drewry believes.

December 25, 2017

The European Community Shipowners’ Association (ECSA) has welcomed the recent move by the European Commission that could pave the way for the single market for shipping.

December 25, 2017

European airlines saw cargo demand growth improve in November, despite expectations that the industry may have passed its growth peak.

December 21, 2017

The Ocean Alliance is facing a profound network shake-up as its members prepare to welcome a large tranche of ultra-large containership (ULCV) capacity next year.

December 21, 2017

Third quarter port rankings by cargo throughput remained stable, with the top three ports of Ningbo-Zhoushan, Shanghai and Singapore retaining their rankings and keeping up good growth rates of 11.3%, 16.7% and 7.0% respectively.

December 20, 2017

The global freight forwarder has gone to great lengths to prioritize compliance with U.S. and overseas export regulations, as well as help others do the same.