Cargo throughput at the Hong Kong International Airport declined 17.5 percent to 275,000 tonnes in January this year against January 2011 owing to sluggish…
TNT Express rejects proposed $6-B acquisition bid by UPS
Dutch package shipper TNT Express has rejected a EUR4.9 billion ($6.45 billion) acquisition bid from U.S. rival United Parcel Service (UPS), even as both…
Vietnam’s Baria Serece Port posted a record throughput of 4.6 million tons in 2011, making its management group confident about its business situation in…
Survey shows Asian shippers dissatisfied with claims processing
Chilean shipping line CSAV garnered the top spot for overall performance in Containerisation International’s (CI) first shipper sentiment poll for Asia, reported IFW, its sister publication.…
CMA CGM unveils new freight rate hikes for March-May
French ocean carrier CMA CGM continues its rate restoration initiative, announcing its new freight price hikes for the Asia-U.S. and Canada trades. It also…
The Vale Group of Brazil recently commenced transshipment operations at the Subic Bay freeport, two hours from the Philippine capital Manila. For its first…
Philippine exports continued to decline in December, dropping 20.7% year-on-year and 0.3% from the November 2011 figure, according to the National Statistics Office. December…
The Philippine Economic Zone Authority (PEZA) has pegged at P150 the export declaration processing fee (EDPF) for all shipments under its Expanded Automated Export…
Direct collection of weighing fee from PH cargo owners sought
Member lines of the Philippine Liner Shipping Association (PLSA) are asking the North Harbor operator to streamline cargo weighing fee collection procedures. “What we…
T.S. Lines, Cosco partner for China-SE Asia service
Hong Kong’s T.S. Lines has partnered with China’s Cosco Container Lines in launching a China-Southeast Asia (CSE) service from February 18 in expectation of…
Philippine carriers set to adopt 32% hike in bunker surcharge
Philippine Liner Shipping Association (PLSA) member carriers are imposing a 32% increase in bunker surcharge on domestic cargoes, excluding transshipment cargoes, due to soaring…
Philippine President Benigno Aquino III recently attended the inauguration of the new $30-million Airbus A380 maintenance hangar of Lufthansa Technik Philippines (LTP) at the…
