Warning to shippers: more transhipment likely after IMO 2020: Analysts predict that the impact of IMO 2020 will mean slower ships and more transhipment. This would be a further blow to shippers who also face additional costs to compensate carriers for using...
Abandoned containers – who pays? Forwarders, it could be you: Forwarders are being warned to consider themselves the ‘principal’ when it comes to container transport, amid mounting anger at unexpected storage and quay charges. Director General, Robert Keen said...
Malaysia’s Port of Tanjung Pelepas (PTP) has posted a record throughput of 9.8m teu in 2020, despite the global economic turmoil caused by the coronavirus (Covid-19) pandemic. Lee Hong Liang | Jan 26, 2021 The figure represents an increase of more than 8% from...
Malaysia’s state government has reportedly scrapped a MYR43bn ($10.5bn) port project off the coast of Melaka due to delays in reclamation works. Lee Hong Liang | Nov 23, 2020 In a letter by the Melaka government dated 16 November and seen by Singapore’s The...
The north Chinese port of Tianjin and shipping logistics service provider SITC International Holdings (SITC) are jointly setting up a new service for Southeast Asia. Katherine Si | Jun 15, 2020 Four 1,800 teu containerships will be deployed on the service that...
Cosco Shipping International (Singapore) Co has completed the acquisitions of majority stakes in Malaysian logistics companies in a move to strengthen its operations in Malaysia. Lee Hong Liang | Feb 17, 2020 Singapore-listed Cosco Shipping International said it...