International carriers operating in the Philippines are against the vessel-related cargo-handling rate increase sought by port operators International Container Terminal Services, Inc (ICTSI) and…
August 30, 2011
2 minute read
Palace asked to rule on Subic Naval Supply Depot award
The Subic Bay Metropolitan Authority (SBMA) has asked the Philippine Office of the President (OP) to rule on whether the Naval Supply Depot (NSD)…
Philippine Airlines (PAL) is pushing through with its refleeting plan amid a looming strike of employees due to a massive retrenchment program. “To stay…
August 30, 2011
2 minute read
BOI auto import certificate in use despite BOC opposition
The Philippine Board of Investments (BOI) continues to implement its electronic Certificate of Authority to Import (eCAI) for vehicles accredited under the Motor Vehicle…
The volatile global economic situation only underscores the need to complete the integration of the Association of Southeast Asian Nations (ASEAN) to ensure the…
International air freight demand dipped slightly in July this year from the same month last year in the wake of an Asian export slowdown,…
August 29, 2011
2 minute read
FedEx offers XL packaging to Asia-Pacific markets
FedEx Express has launched an extra large pack (XL) to 15 Asia-Pacific markets for both document and non-document shipments such as garment samples and…
Orient Overseas Container Line (OOCL) has appointed a U.S.company executive as general manager of corporate logistics at its Hong Kong headquarters effective November 1,…
August 29, 2011
1 minute read
“K” Line announces direct Thailand-East India express
Japan-based ocean carrier Kawasaki Kisen Kaisha (“K” Line) will launch as a slot operator the Thailand-East India Express (TCX) on September 7, 2011 to enhance its…
August 29, 2011
1 minute read
Asia-Europe shipping carriers plan GRIs, peak season surcharge
Two shipping lines serving the Asia-Europe lanes have announced general rate increases (GRIs) effective September 15 this year, while another carrier is poised to…
PHILIPPINE budget airline Cebu Pacific (CEB) has finalized orders for 30 Airbus A321neo aircraft, firming up a memorandum of understanding signed in June. The…
August 10, 2011
1 minute read
ICTSI inks deal with Croatian Railways
INTERNATIONAL Container Terminal Services, Inc, operator of the Adriatic Gate Container Terminal, recently signed another agreement with the Croatian Railways that increases the terminal’s…
August 10, 2011
1 minute read
Clark eyes P8B budget terminal
CLARK International Airport Corp (CIAC) is eyeing construction of an P8-billion budget terminal in Clark Freeport in Pampanga, north of Manila, next year under…
August 10, 2011
1 minute read
Philippine lines push cashless payment at ports
PHILIPPINE shipping lines want cashless transactions in the payment of arrastre and stevedoring fees, saying this will cut transaction time as well as minimize…
INTERNATIONAL Container Terminal Services, Inc (ICTSI) reported a 42% jump in first-half net income to $60 million from $42.4 million year-on-year, thanks to higher…
August 10, 2011
2 minute read
Shipping firms bring EU to court over sanctions
Thirty-six entities headed by Hamburg-based shipping company Ocean Capital Administration are seeking legal redress from the financial sanctions imposed on them by the European…
August 10, 2011
2 minute read
OOIL net profit down 38% from lower freight rates on east-west trade
Orient Overseas (International) Limited (OOIL) announced a profit after tax of US$175 million for the first six months ended June 30, 2011, down $105.3…
August 10, 2011
2 minute read
World airport cargo traffic rose 15 percent in 2010 – report
Airports Council International (ACI), the only global trade representative of the world’s airports, has released its 2010 World Annual Traffic Report, which documents a…
August 10, 2011
3 minute read
Cebu Pacific tops Philippine airfreight, passenger markets in H1
CEBU Pacific (CEB) was the Philippines’ leading air freight and passenger airline for the first half of the year, according to latest data from…
