Mactan-Cebu Airport posts 19% surge in cargo volume
MACTAN-CEBU International Airport, the second-biggest airport in the Philippines, recorded a double-digit growth of 19% in cargo volume for the first seven months of…
September rate hike attempt for Asia-Europe trade skids
The World Container Index (WCI) has confirmed that the price increases of US$445 to $500 per 20-foot-equivalent unit (TEU) announced by container shipping lines…
Malaysia’s Kuantan Port expansion project inaugurated
Malaysia’s Prime Minister Datuk Seri Najib Tun Razak launched on September 7 the Kuantan Port Expansion (KPE) project, expected to position the East Coast…
Indonesia’s economic growth hampered by high logistics costs—report
High logistics costs are a serious impediment to higher economic growth for Indonesia, according to a report launched jointly by the Bandung Institute of…
UASC takes on bigger players with mega-ship orders—Drewry
United Arab Shipping Company’s recent confirmation that it has ordered five 18,000-TEU vessels and five 14,000-TEU vessels for delivery between late 2014 and mid-2015…
Proposals mandating checking of container weights endorsed
The World Shipping Council (WSC) is urging the International Maritime Organization (IMO) to adopt the compromise solutions arrived at by 15 governments and 13…
AutoStore-managed semicon warehouse unveiled in Singapore
Asia’s first distribution center featuring the AutoStore automated storage and order picking system has been unveiled in Singapore. The US$10-million upgrade of global semiconductor…
Top four global container terminal players losing ground—study
The four top-ranked global container terminal operators remain the same, but behind-the-scenes changes have caused their combined market share to actually contract, said Drewry.…
FedEx takes first Boeing 767 freighter under fleet upgrade drive
Memphis, Tennessee-based FedEx Express, a subsidiary of FedEx Corp., has received its first 767-300 freighter from Boeing, part of the FedEx strategy to modernize…
OOCL names new 13,000-TEU box ship, announces G6 void trips
Overseas Orient Container Lines (OOCL) has christened its latest newbuild acquisition OOCL Bangkok, a 13,208-TEU vessel for deployment on the Asia-Europe trade this year.…
Sumatra river port in Indonesia opens new car terminal
A brand-new car terminal has begun operating at Boom Baru Port, South Sumatra province’s biggest river port located about 100 kilometers from Palembang in…
Global air cargo traffic in July continued with the modest improvement experienced in June, pushing airfreight volumes to their highest level since mid-2011, according…
Hyundai Heavy gets $1.4-B order for ultra-large ships from UASC
South Korean shipbuilder Hyundai Heavy Industries (HHI) said it has won a US$1.4-billion order to build five 18,000-TEU (20-foot-equivalent unit) and five 14,000-TEU container…
Savings from deploying mega ships to prompt more orders—report
The operational cost benefits from the deployment of the world’s biggest container vessel, the Maersk Mc-Kinney Moller, are starting to become apparent and will…
UAE-flagged Etihad Cargo, part of the carrier Etihad Airways, posted record monthly uplift figures in July of 45,000 tonnes, a 37 percent increase from…
