Planned Davao terminal causes little stir among lines
The P2.7-billion container terminal to be constructed by the Anflocorp Group of Companies in Davao City in the Philippine island grouping of Mindanao may…
Port congestion obstacle to Maersk expansion plans in PH
Port problems in southern Philippines, particularly Davao and Cagayan de Oro, in the island grouping of Mindanao, have held up expansion plans for Maersk…
COSCO sets new EBAs for Asia-South America/South Africa shipments
China’s COSCO Container Lines has announced emergency bunker adjustments (EBAs) for its Asia trade lanes effective early 2012. COSCO is imposing an EBA on…
Congestion hits Mindanao port; lines seek port expansion
DAVAO CITY, PHILIPPINES — International shipping lines are clamoring for immediate expansion of Sasa Wharf in Davao port in the island grouping of Mindanao…
China Shipping Container Lines (CSCL) is raising shipping charges in the Asia-Europe, Asia-Mediterranean, and Asia-U.S. trade markets from January 2012. Rates per 20-foot equivalent…
Carrier partnerships on Asia-Europe trades could ring in a ‘disastrous’ 2012
The recent formation of alliances on the Asia-Europe lanes can intensify competition, prolong the rate wars, and bring about a disastrous 2012 for box…
December 30, 2011
2 minute read
NOL chairman Cheng Wai Keung to retire
NOL Group, the parent company of container line APL, announced on December 29 that its chairman, Cheng Wai Keung, will retire after its annual general…
COSCON, CSCL increase cooperation on Asia-Europe and Mediterranean trades
COSCO Container Lines (COSCON), the shipping line of China COSCO Holdings, will expand its space swap with China Shipping Container Lines (CSCL) on the…
International carriers operating in the Philippines forecast a slightly better business climate for 2012 compared to this year. “We believe international shipping will significantly…
Hanjin Heavy Industries and Construction-Philippines (HHIC-P) has booked $4.9 billion in new ship orders for 2012. According to the Subic Bay Metropolitan Authority (SBMA),…
CKYH strikes deal with Evergreen Line to hike Asia-Europe sailings
CKYH-the Green Alliance announced it has forged an agreement with Taiwan’s Evergreen Line to increase sailing frequency, improve transit time and widen port coverage…
The Indonesian National Shipowners Association (INSA) is seeking the abolition of the government’s 10 percent value-added tax (VAT) on freight delivered by local carriers.…
Shipping confidence up despite overtonnage, eurozone fears—survey
Ship owners, managers and charterers expressed a small increase in industry confidence and in optimism about making major new investments in the next 12…
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…
