APL recently celebrated 150 years of shipping in Japan with the Yokohama Port and Habour Bureau, Yokohama-Kawasaki International Port Corporation and Yokohama Port Corporation paying tribute to the line for its contributions as one of Japan’s longest-serving shipping lines.
While the intra-Asia trade has been held up as the next great thing the container industry, there remains debate about the perception that it is notoriously difficult to make money from.
Orient Overseas Container Line (OOCL) saw third quarter total volumes rise 5.0% to 1.60m teu from 1.52m teu in the same period last year, the company said in a stock market update.
APL is launching a new Korea – China – Southeast Asia service with Cheng Lie Navigation.
Indonesia’s Samudera Shipping Line has recorded higher profit for the second quarter amid the ongoing industry headwinds marked by supply-demand imbalance and low freight rates.
Container line Orient Overseas Container Line (OOCL) has enhanced its intra-Asia network with the introduction of two new services, namely the Indonesia Thailand Straits Service (ITS) and Vietnam Johor Straits Service (VJS).