article thumbnail

Doing Business in Malaysia

QAD

It’s merchant marine includes more than 1,700 vessels, including bulk carriers, container ships, general cargo ships and oil tankers. However, the country has a slightly negative immigration trend, as more workers leave than enter Malaysia. Major seaports include Bintutu, Johor Bahru, Penang, Port Klang and Tanjung Pelepas.

article thumbnail

This Week in Logistics News (September 12-16, 2016)

Talking Logistics

The fallout from Hanjin’s bankruptcy continues, with $14 billion of cargo still stranded at sea. According to a Reuters report: As of Wednesday, of Hanjin’s 97 container ships, 36 were waiting outside of overseas ports, according to South Korea’s finance ministry.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Hanjin Bankruptcy Demonstrates Fragility of Ocean Freight Market Prior to “Black November”

NC State SCRC

However, the announcement should not have come as a surprise, as the ocean cargo market has been suffering for some time by a condition of overcapacity, low rates, and a flat global market. once they’ve been allowed to discharge cargo to protect the interests of maritime lien holders. bankruptcy code. Judge John K.

article thumbnail

Smart Supply Chains Adapt to Overcome COVID-19 Challenges

Logistics Bureau

Examples are: Samsung Electronics , which is shifting part of its domestic phone production to Vietnam due to the rapid advance of COVID-19 in South Korea. European electronic component distributor TTI says it is using air cargo companies UPS, FedEx, and DHL to mitigate the impact of holdups in China. The Food Industry.

article thumbnail

China Exports Rebound Even as Western Markets Face Lockdown

Logistics Bureau

Although the situation on the ground is changing day by day, some trends can be identified which are likely to continue, or in some cases be exacerbated, for as long as the COVID-19 pandemic continues to take its toll. Latest Developments: Freight costs are up five-fold as exporters/importers scramble for space on remaining cargo runs.

China 53
article thumbnail

Relatively Cautious Global Production and Supply Chain Indices for February 2022

Supply Chain Matters

This index complies a data set of 2 chosen variables for each of the economies of the Eurozone , China , Japan, South Korea , Taiwan, the United Kingdom and the United States. Commentary pointed to a largely positive February with demand for goods trending higher. Federal Bank of New York. from a value of 58.7 in January.

article thumbnail

How The Coronavirus Epidemic is Throttling Global Supply Chains

Logistics Bureau

Ports in the United States, The Netherlands, Britain, France, and elsewhere have reported a drop in cargo volumes ranging from around 5 percent in January to an estimated 25 percent in February. In South Korea , Hyundai announced the suspension of its production lines due to supply chain disruptions in China. Other Industries.