Intra-Asia carrier Namsung Shipping of South Korea has ordered three 1,850-TEU container ships from an unspecified Korean shipbuilding yard for delivery in the first…
PH port districts predict 1-11% volume growth for ’12
The five port district offices (PDOs) under the Philippine Ports Authority (PPA) — Manila and North Luzon, Southern Luzon, Visayas, Northern Mindanao, and Southern…
By 2022, Philippine port operator Asian Terminals, Inc (ATI) expects to handle 1.9 million twenty-foot equivalent units (TEUs) at its South Harbor terminal, double…
Manila North Tollways Corp (MNTC) has obtained an unsecured P1-billion fixed rate loan from two insurance companies, enabling it to bankroll its 2012 expansion…
Taiwan’s Yang Ming and InterAsia Lines, a subsidiary of Taiwan-based Wan Hai Lines have partnered in launching a dedicated Taiwan-Indonesia lane. Introduced on December…
Vietnam’s Cai Mep port registers new berth productivity milestone
The Cai Mep International Terminal (CMIT) in Vietnam’s Ba Ria-Vung Tau province said it achieved a new berth productivity milestone in container vessel handling after…
Japan’s high-tech industry looks to Southeast Asia as supply source
Japanese high-tech companies are shifting supply-sourcing locations from domestic to other Asian countries such as Southeast Asia, results of a survey commissioned by UPS…
Compañía Sud Americana de Vapores (CSAV) announced it will add a new service to the Asia-Black Sea trade effective February 2012. The Chilean shipping…
Express lane for PH freight forwarders’ accreditation, renewal in the works
The Philippine International Seafreight Forwarders Association (PISFA) and the Philippine Shippers’ Bureau (PSB) are set to sign a memorandum of agreement (MOA) on January…
PHILIPPINE-based budget airline Cebu Pacific will commence its thrice-weekly Manila-Xiamen-Manila service on March 23, 2012. Flights for the route, the airline’s 18th international destination, are…
Philippine Airlines’ (PAL) passenger volume declined for the September to November period following protests mounted by former employees against the airline’s spin-off program. Domestic…
To GPS or not to GPS, that is the PH customs question
The Philippine Bureau of Customs (BOC) wants to explore other cargo tracking technologies aside from global positioning system earlier pushed under the GPS-Equipped Barrier…
Sri Lanka port handles first large-capacity box ship
Sri Lanka handled its first large-capacity carrier when the APL Chongqing anchored on December 19, 2011 at Colombo port, the Sri Lanka Ports Authority…
Grand, New World member-carriers form Asia-Europe alliance
Six international container shipping lines have agreed to create one of the largest vessel networks in the Far East-Europe trade lane. The comprehensive agreement…
MSC implements rate hikes on Asia-Latin America and Caribbean loops
Mediterranean Shipping Company (MSC) announced a second-step general rate increase (GRI) for cargo on the Far East/Asia-Caribbean and Latin America trade lanes for all…
Kolding, 52, is leaving the company to head Danske Bank, Denmark’s biggest financial institution, of which A.P. Moller-Maersk, Maersk Line’s parent company, is the…
