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DHL study predicts logistics trends in health care

Logistics giant DHL has identified five supply chain opportunities opening up in the life sciences sector in 2020 and beyond, a future where the…
  • June 14, 2013
  • 2 minute read

Namsung Shipping upbeat on PH market despite low volume

KOREA-BASED Namsung Shipping Co. Ltd. is optimistic of the Philippine market, but admits freight volume in the country i still low. “At this moment,…
  • June 13, 2013
  • 2 minute read

Cai Mep terminal in Vietnam suspending operations

A container terminal at the financially troubled Cai Mep-Thi Vai port complex in Ba Ria-Vung Tau province in southern Vietnam will temporarily close its…
  • June 12, 2013
  • 1 minute read

CSAV bolsters Galex Sling 1 rotation

Chilean carrier Compañía Sud Americana de Vapores (CSAV) has expanded its Galex Sling 1 service with direct regular calls at two ports in Asia…
  • June 12, 2013
  • 1 minute read

OOCL, Maersk Line poise Asia trade rate hikes

From July, Hong Kong-based Orient Overseas Container Line (OOCL) and Maersk Line of Denmark will implement rate increases on their Asia network services. OOCL…
  • June 12, 2013
  • 2 minute read

Asia-Pacific airlines posted 3.3% cargo revenue drop in 2012

Airlines in the Asia-Pacific region achieved modest growth in 2012, largely a result of strong passenger demand as cargo sales continued to contract, according…
  • June 12, 2013
  • 1 minute read

Cosco sets July rate, surcharge adjustments for Asia trade

Cosco Container Lines is poised to implement rate hikes, surcharges, and other adjustment on its Far East services effective July. A general rate increase…
  • June 10, 2013
  • 3 minute read

MSC sets GRI, BAF for Far East-West Africa shipments

Geneva-based carrier Mediterranean Shipping Co. (MSC) has revised upward the general rate increase (GRI) it plans to levy from July on the Far East-West…
  • June 10, 2013
  • 1 minute read

More surplus 8,000-TEU ships bound for Asia-ECSA lane

Ocean carriers’ plan to dump surplus 8,000-TEU vessels on the Asia-South America East Coast (ECSA) trade lane in July will result in overcapacity and…
  • June 10, 2013
  • 2 minute read

Singapore green ship program expanded

Singapore has expanded its Green Ship Program to offer incentives to Singapore-flagged ships that adopt approved SOx scrubber technology that goes beyond existing International…
  • June 10, 2013
  • 1 minute read

CMA CGM inaugurates 16,000-TEU ship Jules Verne

The 16,000-TEU box ship CMA CGM Jules Verne was officially inaugurated on June 4 by French President François Hollande in Marseille, France. The CMA…
  • June 7, 2013
  • 1 minute read

Vietnam’s Cai Mep-Thi Vai port records traffic uptick

Terminal operators at the struggling Cai Mep-Thi Vai port system in southeastern Vietnam are grabbing onto slivers of hope following a slight rise in…
  • June 7, 2013
  • 2 minute read

Box ships’ price war could eventually hurt shippers—Drewry

Shippers might be the beneficiaries of the current price war among ocean container carriers, but the tumbling rates could also bring negative consequences for…
  • June 5, 2013
  • 1 minute read

IATA upgrades airline profit outlook

The global airline industry will see US$12.7 billion profit in 2013 on $711 billion in revenues, up from the $10.6 billion profit forecast in…
  • June 5, 2013
  • 2 minute read

Deutsche Post DHL confirms short-term, mid-range targets

Postal and logistics giant Deutsche Post DHL confirmed the group’s targets for 2013 and mid-term outlook, saying it was confident of the future after…
  • June 5, 2013
  • 2 minute read

Etihad Cargo, Atlas Air in round-the-world freighter pact

Etihad Cargo launched May 30 its first round-the-world freighter routing with Atlas Air Worldwide, connecting Etihad Cargo’s Abu Dhabi hub with destinations in Asia,…
  • June 3, 2013
  • 1 minute read

Cosco expands, Zim reshuffles Asia services

Cosco Container Lines announced the enhancement of its Far East-Southeast America service through slots on “K” Line’s Asia-Southeast America service. The “K” Line network…
  • June 3, 2013
  • 1 minute read

PH ports post modest volume growth of 2.8% in Q1

CONTAINERIZED and non-containerized cargo throughput at the country’s seaports grew a modest 2.82% to 41.42 metric tons (mmt) in the first quarter of the…
  • June 3, 2013
  • 3 minute read

PH ports agency grants 10% provisional cargo-handling rate increase

Philippine port users face a 10% provisional tariff hike in arrastre, stevedoring services and other cargo-handling charges starting June 24. The Philippine Ports Authority…
  • June 3, 2013
  • 2 minute read

Box lines to impose GRIs, fees on Far East shipments

Several container ship operators have announced plans to bolster freight rates this month and the next. Cosco Container Lines announced a rate restoration for…
  • June 3, 2013
  • 2 minute read