The fate of individual logistics markets is not just dependent on the wider economy; they are individually capable of damaging themselves.

The Port of Felixstowe, the UK's largest container port, has opened a new deep water shipping terminal. The new terminal which consists of two berths – Berths 8 & 9 - is the first stage of a £1bn plus inward investment programme in Hutchison's UK ports.

Korean container line Hanjin Shipping will launch an Asia-Pacific to West India direct service in late October.

Spot rates for trans-Pacific trade fell for the second week in a row, while pricing on Asia-Europe trade lanes improved for the week ending Aug. 5, according to the Shanghai Shipping Exchange Shanghai Containerized Freight Index.

Chinese ports will remain the busiest in the world this year, although sluggish economic recovery in the United States and the European Union (EU) will dent their container volume growth, according to an outlook report by the Chinese Academy of Sciences.

Ecu Line (Thailand) Co, a leading provider of worldwide shipping services by air and sea, has revised its business strategy for the rest of the year in response to higher demand for shipping in Asia, especially Japan as it recovers from the tsunami disaster.

CMA CGM has expanded its eco-container fleet by another 18,000 new units, bringing its eco-container fleet to nearly 140,000 TEU.

Hanjin Shipping is renewing its current Far East - Middle East (FMX) service, starting on July 7th.

APL is expanding its China-India Express Service with a weekly call at India's Port of Pipavav, starting at the end of this month.

The Thai unit of Denmark's Maersk Line, the world's largest container shipper, has downgraded its business performance outlook this year, citing impacts from the Japanese disaster and lingering economic uncertainties in the US and Europe.