HIGHLIGHTS
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PSA acquires minority stake in Vietnam logistics firm, SOTRANS Group
May 25, 2023 - PSA International Pte Ltd (PSA) has through its fully-owned subsidiary, PSA Cargo Solutions Vietnam Investments Pte...
Suez Canal traffic halted momentarily as Hong Kong-flagged ship runs aground
May 26, 2023 - A Hong Kong-flagged cargo ship has briefly ran aground again in the Suez Canal on May 25 blocking one of the...
Fewer containers were lost at sea in 2022
May 26, 2023 - Fewer containers were lost at sea in 2022 compared to the preceding year, according to the The World Shipping Council...
PSA, Kazakhstan Railways form joint venture for Trans-Caspian rail corridor
May 22, 2023 - PSA International Pte Ltd (PSA) and Kazakhstan Railways (KTZ), have signeed an agreement to establish a joint venture...
Hong Kong reports another month of air cargo volume decline in April
May 22, 2023 - Hong Kong continued to report lower air cargo volumes in April as persisting global economic uncertainties continued to...
China’s Yangshan Port tops new Container Port Performance Index
May 20, 2023 Yangshan Port in China took top position in the third edition of the global Container Port Performance Index (CPPI),...
HK forwarders say easing of e-cigarette transshipment ban would boost air cargo
May 19, 2023 Freight forwarders in Hong Kong are noting the benefits to the cargo industry of the recently proposed amendments to...
Cainiao gets green light for IPO plans in the next 12-18 months
May 19, 2023 Cainiao, the logistics arm of the Alibaba Group, has secured a go-ahead from board members of the Chinese e-commerce...
CMA CGM Air Cargo launches service to Mumbai
May 18, 2023 CMA CGM Air Cargo has announced the launch if its Bombay Airport service — a new destination that would strengthen its...
Cathay notes continued e-commerce growth momentum despite drop in April volumes
May 17, 2023 Cathay Pacific reported a month-on-month decline in April air cargo volumes amid the impact of recent holidays although...
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