MAGSAYSAY-owned Lorenzo Shipping Corp.’s (LSC) recent application for Board of Investments registration has been approved. As a result, LSC will enjoy an income tax…
August 1, 2007
2 minute read
AISL airs views on transport cost
(The following was issued by the Association of International Shipping Lines following the release of a World Bank study on transport costs in Asia.)…
July 2, 2007
2 minute read
Open skies at Subic, Clark to boost zones’ logistics hub bid
ECOZONES Subic and Clark will get a boost in their bid to become regional logistics and tourism hubs after the government decided to restore…
June 4, 2007
2 minute read
Better 2007 for container shipping, predicts Maersk
THE international container shipping industry may expect better returns this year on the back of improved freight rates, according to an executive of Maersk…
June 4, 2007
1 minute read
Immunity routes for trucks soon to be implemented
AFTER slashing the export wharfage fee, the government is set to implement immunity routes for trucks in major cities and nearby provinces to ease…
May 2, 2007
2 minute read
Aboitiz logistics companies merge
SHAREHOLDERS of Aboitiz One, Inc. (Aone) have approved the company’s merger with wholly-owned subsidiary Aboitiz Logistics, Inc. (ALI) whereby Aone will be the surviving…
April 2, 2007
1 minute read
Nenaco revenues up, but net income down for Jan-Feb
DEBT-saddled shipping firm Negros Navigation (Nenaco) posted positive revenues for the first two months of the year propelled by the sale of two ageing…
April 2, 2007
2 minute read
AISL member lines see 10% growth in volumes for 2007
THE Association of International Shipping Lines (AISL) expects a minimum 10% growth in total cargo volume this year to 1.76 million TEUs due to…
March 5, 2007
2 minute read
Hanjin Heavy Industries in an expansion binge at Subic
SUBIC- KOREAN shipbuilder Hanjin Heavy Industries and Construction Co. is looking for another 400-hectare lot inside the Subic Bay Freeport to house its sub-contractors.…
K Line Air Service (KLAS) recently held its 2nd national sales department (NSD) meeting in Hong Kong. The NSD gathering complemented the global network…
January 1, 2007
1 minute read
DHL looking beyond electronics industry for growth in 2007
SEEING no improvement in other markets aside from the semi-conductor and electronics industry, DHL Express Philippines is looking at tapping new markets for growth.…
January 1, 2007
2 minute read
UPS sees strong Asia-Pacific business
UNITED Parcel Service (UPS) is expecting strong business in its Asia-Pacific operation until year-end after posting substantial growth in the region during the third…
December 4, 2006
2 minute read
UPS: Redistribution facility on hold due to low volumes
UNITED Parcel Service (UPS) has deferred the establishment of a redistribution facility in Luzon due to low cargo volume to and from the area,…
November 1, 2006
2 minute read
Hanjin facility to put RP in shipbuilding map
THE Hanjin shipbuilding facility is deemed to put the Philippines in the world map of large-scale shipbuilding, according to Subic Bay Metropolitan Authority chairman…
October 2, 2006
3 minute read
Nenaco ordered to pay container van leasing firm
NEGROS Navigation (Nenaco) has been ordered to pay its debts to GE SeaCo as these are not covered by the rehabilitation program secured by…
October 2, 2006
2 minute read
Strong customer service ethic brings Wingspeed Shipping Corp continued success
In cutthroat service industries such as freight forwarding, companies that focus their attention on customer service are more likely to thrive. Wingspeed Shipping Corp.…
August 2, 2006
2 minute read
PSB rationalization program stumbles on lack of funds
BUDGETARY constraints are hampering the rationalization program of the Philippine Shippers’ Bureau (PSB), PSB executive director Atty. Pedro Vicente Mendoza said. "Budgetary constraints really…
August 2, 2006
1 minute read
DHL Phils eyes 30% growth in 2006
DHL Express Philippines sees its business in the Philippines growing by 30% this year due to the expected increase in electronics export and the…
July 3, 2006
1 minute read
What’s wrong with importing vessels, NDC asks local shipping industry
LOCAL shipping firms should start looking for ships in countries such as China than wait for the country’s shipyards to manufacture vessels for the…
July 3, 2006
2 minute read
Aboitiz Transport keeping all ro-ro ports of call
DESPITE suffering massive losses due to skyrocketing fuel prices, Aboitiz Equity Ventures (AEV) president and chief executive officer Jon Ramon Aboitiz said the company…
