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Monthly Archives: January 2010

Slowdown signs – Number of inactive box ships increases

It is reported that container lines have withdrawn more ships from service over the past week as trade conditions stay slack during the seasonal winter slowdown. Latest figures from Lloyd’s Marine Intelligence Unit show that 663 box ships with combined capacity of 1.32 million TEU …

Vietnam assumes Asean chairmanship

MANILA, Philippines—Vietnam has assumed the revolving chairmanship of Asean, taking over from Thailand and effective until the end of 2010. As Asean chair of the year Vietnam would focus on working with the nine other Asean member-states to speed up the implementation of the regional …

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