Lufthansa Cargo eyes Asia expansion

German airfreight carrier Lufthansa Cargo said it will expand its operations in Korea and China this year, as it anticipates Asia to eventually account…

Singapore Customs unveils outcome of traders’ satisfaction survey

Singapore Customs has released the results of its Trader’s Satisfaction Survey (TSS) 2011, saying they indicate that customers’ overall satisfaction with its services has…

More carriers announce rate hikes on Asia-Europe trade

The number of carriers eyeing rate hikes on the Asia-Europe trade lanes just got higher as Orient Overseas Container Line (OOCL) and Zim Integrated…

Maersk Line leads as carriers set new record for schedule reliability

Container service reliability reached a new high in the final quarter of 2011 with an on-time average of 69 percent across all the trades,…

PH exporters see bullish 2012 prospects

Notwithstanding the negative growth until November last year, Philippine exporters see a rosier 2012 as they start to penetrate emerging markets and as signs…

PH agriculture agency further automates import processes

The Philippine Department of Agriculture (DA) has begun implementing the second phase of automation for its minimum access volume (MAV) program. The first phase,…

Lorenzo Shipping to buy containership

A  container vessel capable of carrying 510 twenty-foot equivalent units will join Lorenzo Shipping Corp’s (LSC) fleet by end 2012. The publicly listed Philippine…

Mindanao box terminal volume target revised down

This year’s volume growth forecast for the Mindanao Container Terminal (MCT) in southern Philippines has been cut due to slow economic activity, particularly from…

Pelindo II awarded contract for container terminal upgrade in Tanjung Priok port

Indonesia’s Pelindo II has been given the infrastructure contract for the Kalibaru container terminal project in the Port of Tanjung Priok, north Jakarta, after…

Air freight demand grows amid ‘cautious improving business confidence’

Air cargo markets contracted by 0.7 percent for 2011 but recorded positive demand growth of 0.2 percent in December, suggesting that industrial production and…

Laos drafts national single window plan for faster customs clearance

Laos has established the roadmap for the creation of a national single window (NSW) to speed up customs clearance and link the country to…

Malaysia’s Samalaju deep-sea port project gets $164 million in funding

The Sarawak state of Malaysia has approved the release of $164.5 million to finance the Samalaju deep-sea port project in Bintulu town. The fund…

New Maersk Line CEO composes executive management team

Maersk Line has hired Jakob Stausholm to join a new team of executive managers as chief strategy and transformation officer, the only member to come from outside…

CMA CGM, CSCL and UASC consolidate Asia-Middle East services

CMA CGM, China Shipping Container Lines (CSCL) and United Arab Shipping Company (UASC) have agreed to consolidate operations in the Asia-Middle East market and replace…

PEZA’s automated export system for adoption in Feb

The Philippine Economic Zone Authority (PEZA) is expected to fully apply the use of the Automated Export Declaration System (AEDS) on its locators starting…

PH government wins NAIA 3 case against PIATCO

The Philippine government has finally won its arbitration case against Philippine International Air Terminals, Co (Piatco), ending a nine-year legal battle over rights to…

PH private sector hits anew ports agency conflict of interest

PHILIPPINE business and the academe called the attention of government again to address the conflict of interest in the powers of the Philippine Port…

2012 collection target a challenge for PH customs

The Philippine Bureau of Customs (BOC) will be hard pressed to reach its collection target of P347 billion for the year even if the…

PH Nov imports up slightly

Philippine imports inched up 0.6% to $4.985 billion in November from $4.956 billion year-on-yeardue to higher fuel purchases, according to the National Statistics Office.…

ATS rebrands as 2GO Group

PHILIPPINE company ATS Consolidated, Inc (ATSCI) is dropping ATSCI as its brand name in favor of 2GO Group, Inc. “ATS is more than just…