Indonesia’s Pelindo II subsidiaries set for IPO

PT Pelabuhan Indonesia II (Pelindo II), a state-owned port operator in Indonesia, is planning to put some of its top-performing subsidiaries on initial public…

OOCL to hike SEA-Australia, Europe-Asia service rates

Orient Overseas Container Line (OOCL) will bolster freight rates for its Southeast Asia-Australia services as well as its Europe-Asia operations from October. Noting that…

Hapag-Lloyd revises Asia-NorthAm BFF, hikes Far East rates

Germany’s Hapag-Lloyd will be revising the bunker fuel factor (BFF) for all dry, reefer, flat-rack, and open-top containers from Asia, including the Indian Sub-continent,…

Subic container throughput eases in Jan-Aug

CONTAINER throughput that passed through terminals operated by Subic Bay International Terminal Corp. (SBITC), three hours north of the Philippine capital Manila, dropped 2.9%…

MCC eyes PH as transshipment hub

INTRA-ASIAN carrier MCC Transport is looking at the Philippines as a transshipment hub, but says the government needs to improve key aspects of doing…

TNT Express’s Dutch fashion unit for sale

European express delivery company TNT Express is planning to sell the Dutch operations of its specialist fashion supply chain business TNT Fashion. Headquartered in…

Study ranks Asia-Pacific’s top supply chain organizations

The top 10 supply chain organizations in Asia-Pacific for 2013 are mostly focused on improving their network efficiency as they contend against a variety…

Changi Airport reports July traffic hike, updates cargo data

Airfreight movements at Singapore Changi Airport increased  1.1 percent in July year-over-year, with 160,000 tonnes of cargo passing through the airport last month. For…

PSA leads top 10 global terminal operators

PSA International, Hutchison Ports, APM Terminals, and DP World remain the top four global players, but their levels of activity vary, according to Drewry…

New Cambodia container terminal underperforming?

The new container terminal at the Phnom Penh Autonomous Port (PPAP) in Cambodia is said to be falling behind in performance expectations. The US$28-million…

TSA lines recommend US-Asia rate hike by Oct

Member carriers in the Transpacific Stabilization Agreement (TSA) Westbound section have announced plans to raise freight rates, for all commodities and from all U.S.…

Airfreight market weakness extends to July, says AAPA

International air cargo traffic for Asia-Pacific airlines continued to be slow in July, extending the prevailing period of weak market demand over the past…

GDP growth in 2013 to be uneven

Predictions that the world’s gross domestic product (GDP) growth would outpace last year’s seem no longer on target, and 2013 growth is now seen…

Carriers’ fuel savings not a long-term solution—report

Ocean carriers have benefited much from reducing fuel costs, but this strategy will not keep them in business for the long term, says Drewry…

Evergreen names first 8,508-TEU newbuild

Taiwan’s Evergreen Line last week christened the first of its newly built L-type vessel with a capacity of 8,508 TEUs (20-foot-equivalent units) in a…

Damco laying groundwork for Myanmar operations

After receiving a permanent license in July this year to operate under its own legal entity in Myanmar, Damco is now assisting its clients…

Indonesia to implement ATA System next year

Indonesian Customs is preparing to implement the ATA Carnet System as part of the country’s move toward globalization. Indonesia aims to announce its ratification…

Ceva expands network in Singapore

Global supply chain service provider Ceva Logistics has started operations for its new logistics center in Singapore. The 42,000-square-meter state-of-the art warehouse facility is…

Floods halt flights, hamper supply chain activities in PH; Business as usual at Manila’s ports

OPERATIONS at Manila’s seaports continued Tuesday despite heavy monsoon rains enhanced by tropical storm Maring and as widespread flooding in the metropolis and nearby…

Singapore reveals far-reaching plans for airport, seaport

Singapore’s Prime Minister Lee Hsien Loong has announced long-term infrastructure plans to raise the capacity at Changi Airport with a third runway as well…