Following its merger with the Chilean company Compania Sud Americana de Vapores (CSAV), catapulting Hamburg-based Hapag-Lloyd to the rank of the world’s fourth largest container shipping company, Hapag-Lloyd is hoping that Asia and, particularly, China will provide a strong impetus to its business.
Iskandar Malaysia, the economic zone located in Johor state in the southern part of Peninsular Malaysia, in close proximity of Singapore, nurses ambitions to become a key strategic logistics hub in Asia.
Ports key as Taiwan intensifies trade and shipping ties with US while trying to reduce dependence on China market.
Port achieves “above average growth” in first half of 2013 as robust trade with India and the ASEAN states offsets China slowdown.
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