CHINA has cut a crucial lending rate in an effort to shore up growth as the world's second-biggest economy is buffeted by repeated coronavirus lockdowns and a worsening property crisis.The Peop...

THE Port of Long Beach had its busiest July on record having lifted 785,843 TEU, just topping the July record set last year by 0.13 per cent.Imports declined 1.8 per cent to 376,175 TEU while expor...

TAIWAN's Evergreen has spent over US$333 million on 19 remote-controlled bridge cranes and 56 gantry cranes for the opening of the No 7 terminal in Taiwan's main container port, Kaohsiung, ...

THE Sri Lankan foreign ministry, however apologetically, has asked China that its research ship Yuan Wang 5 to postpone its visit to Hambantota port under pressure from India, which regards the ves...

US east coast vessel volumes are up because of fears of a west coast dock strike, reports CNBC News.Accompanying the trend are port productivity problems for domestic supply chains as billions of d...

OCEAN carriers should not force shippers and truckers to pay storage costs for containers, says US Federal Maritime Commission (FMC) chairman Dan Maffei, reports New York FreightWaves."The FMC...