Major container-shipping lines are slashing sailings on the world's busiest shipping route between Asia and Europe as lower growth in China and a sluggish eurozone economy hurt container volumes.
The mega container ship CSCL Indian Ocean was refloated in early morning today with the spring tide. The giant cargo vessel was towed to safe depth and berthed
The port of Singapore has posted lower container throughput in January compared to the year-ago period, according to preliminary estimates released by the Maritime and Port Authority of Singapore (MPA).