Leading shipping companies moved a total of 1.103 million TEUs of containers in July among 13 countries and regions in Asia, which increased 2.3% year on year.
Investing for a sustainable future
Highlights
1. Financials
- Reported net profit after tax was $60.3 million, in line with expectations.
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FAK Rates – From North Europe and Mediterranean to Mexico
Please find the new applicable CMA CGM Freight All Kinds (FAK) rates(*) as follows to all dry and reefer equipment received and moving under a CMA CGM bill of lading as from October 1st, 2017until further notice:
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Leasing companies are tightening their stranglehold over container equipment ownership as ocean carriers cut back on new purchasing and sell older inventory for leaseback.
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Datamyne Top 25 US Ports & Carriers in Waterborne Imports Jan-Jul 2017
Compared with the same periods in 2016
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Chinese state-owned Cosco Shipping Holdings is expecting synergy benefits to reach $300 million after its acquisition of Hong Kong-based Orient Overseas Container Line, although the benefits might take up to two decades to realize, the company said.
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Please be informed that APL will be implementing the following void sailing for the Asia South America (ASA) service.
Eastbound
ETA Yangshan (YAN) 9 October 2017
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JSC RZD Logistics, the largest multimodal logistics operator in the CIS and Baltic countries, in cooperation with its subsidiary company Far East Land Bridge (FELB) in the course of the first six months of 2017 essentially increased the volume of container shipping in comparison to the same period of the last year – the volume increased by 1,8 and amounted to 63,2 thsd TEU.
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The Federal Maritime Commission reminds all ocean carriers and shippers impacted by Hurricane Harvey that its Office of Consumer Affairs and Dispute Resolution Services (CADRS) can be of assistance in the aftermath of the storm.
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Korea Nearsea Freight Conference (KNFC) member carriers moved a total of 923,400 TEUs of containers between South Korea and Japan in the first half (January-June) of this year, which increases 2.2% year on year from 923,400 TEUs.
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