1 in 4 box ships still behind schedule, says report
Container carriers’ schedule reliability improved to 72.3 percent in the first quarter of 2012, but service standards remained as low as 40 percent, a…
Cathay Pacific and Dragonair’s combined volume for April 2012 showed another drop in cargo and mail tonnage year-on-year, Hong Kong-based Cathay Pacific Airways said in…
State port operator Indonesia Port Corporation (IPC) said the New Priok Port development in Jakarta, Indonesia, will be completed in 2023. It will have…
Auckland hosts 39th Executive Council Meeting of FAPAA
Auckland, New Zealand — The Customs Brokers and Freight Forwarders Federation of New Zealand (CBAFF) recently hosted the 39th Executive Council Meeting and annual…
Mandatory adoption of PH automated export system scheduled in June
The supplemental Customs Memorandum Order (CMO) implementing the Philippine Bureau of Customs (BOC) electronic-to-mobile Automated Export Declaration System (e2m-AEDS) has been signed, with full…
Philippine container throughput grew 6.97% to 1.229 million twenty-foot equivalent units in the first quarter of the year from 1.149 million TEUs year-on-year, according…
Neptune Orient Lines (NOL), the Singapore-based container shipping and logistics company, reported a bigger first quarter 2012 net loss amounting to US$254 million from…
Hanjin Shipping, South Korea’s largest container shipping line, registered a greater first quarter net loss year-on-year due to higher bunker prices and lower cargo…
Diesel-powered RTGs at Laem Chabang set for conversion
APM Terminals (APMT) said it has signed a EUR1 million (US$1.3 million) contract with Germany’s Conductix-Wampfler for the retrofitting of rubber-tire gantry (RTG) cranes…
Cathay Pacific braces for disappointing first half, eyes capacity cuts
Cathay Pacific Airways said it expects “disappointing” financial results for the first half of 2012, as fuel prices remain high and the cargo business…