asia

Fintech startup EasyEuro raises US$4 million funding to launch a Neobank for cross-border SME traders between Europe and Asia
EasyEuro aims to provide their SME clients with a digital mobile wallet which comes with a multi currency banking account to send and receive cross-border payments in the currency of their choice
SEKO Logistics and Air & Ground World Transport form partnership
Companies aim to give clients in the US and Asia broader growth and supply chain opportunities
Traxens opens offices in China to meet needs of growing Asian supply chain market
First office outside of France will be headed by Vincent Gu, appointed as managing director ASPAC, to help company set foot in booming market
Asia growth supports DP World’s global container volumes for Q3
Gross container volumes grew by 0.7 percent year-on-year to 53.5m TEU
UAE’s Truebell targets a wide range of new Far East flavours
Leading GCC FMCG importer looking to expand its Asian food offerings with new flavours from countries such as Vietnam and Korea
RedCargo, Oman Air sign agreement to grow e-commerce cargo in the region
Oman Air senior vice president commercial cargo Mohammed Al Musafir says the partnership will expand Oman Air’s reach in Asia.
Khorfakkan Container Terminal receives GALEX Service
GALEX Service is operated by Emirates Shipping Line and Korean Marine Transportation, linking East Asia, India, and the Middle East with a weekly sailing schedule and competitive transit times
APL leverages Jebel Ali transhipment hub as it refines Asia-Gulf network
APL said the refinements are aimed at providing wider market coverage and better connectivity between the Far East and the Middle East.
Evergreen orders eight new 11,000 TEU container ships
Evergreen Marine Corp. (EMC) has ordered eight 11,000 TEU containerships from Samsung Heavy Industries (SHI).
DP World makes rare rebuke on Jakarta in Indonesia pull-out
DP World is pulling out of Indonesia due to contract renewal terms offered by the Indonesian authorities that “did not meet [DP World’s] threshold for continued investment”.
DP World expands Indonesian port involvement
DP World and the Indonesian government have signed an agreement for the port operator to advice on the development of the Kuala Tanjung greenfield port and logistics zone and Belawan port in North Sumatra.
COSCO and OOCL in planned US $6.3-billion merger
Merged shipping lines COSCO and OOCL will be third largest in the world and spur further consolidation in global shipping.

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