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.

Holding true to its intent of becoming more involved in the intra-Asia trade, APL has announced a slew of route changes and new services.

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.

Chinese giant Cosco Shipping Holdings saw overall volumes rise 23% to 5.49m teu in the third quarter as market conditions improved. For the year-to-date, volume rose 30.4% to 15.49m teu.

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.

Fresh from the successful integration into the CMA CGM Group, APL will also focus on the Intra-Asia trade going forward, taking advantage of new trade flows.

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).

Taiwan’s Wan Hai Lines has slumped to a first quarter loss due mainly to a significant loss taken currency exchange differences and a steep fall in operating income, as revenue was largely stable.

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