Manila-based Pac-Atlantic Group of Companies recently signed a memorandum of understanding (MOU) with Total Soft Bank Ltd. (TSB) of Korea. Under the MOU, the…
Pac-Atlantic inks deal with Korea’s Total Soft Bank
The Latest
PH cargo volume up almost 3% in first eight months
The Philippines’ total cargo throughput continues to improve, reaching 132.36 million metric tons (mmt) for the first eight months of the year, up 2.96%…
Asian Terminals gets 2 RTGs
Listed Philippine port operator Asian Terminals, Inc. (ATI) has taken delivery of two rubber-tired gantry cranes (RTG), beefing up its cargo-handling fleet at the…
ASEAN Single Window among issues discussed at ASEAN Customs meet
THE importance of the ASEAN Single Window (ASW) was underscored by Philippine Customs Commissioner Rozzano Rufino Biazon at the recent opening of the 15th…
Israel, PH conclude air agreement
The Philippines and Israel have agreed to increase flight entitlements between the countries to 21 flights per week, after a successful round of bilateral…
Developing Asia predicted to grow 4.6% in 2014
Emerging markets including developing Asia will continue to outpace advanced economies in growth, but they should brace for a slower and bumpier ride in…
K+N introduces new global sales and marketing chief
Kuehne + Nagel (K+N) has appointed Reinhard Schullerus as head of global sales and marketing effective January 1, 2014. Schullerus, 49, joined Kuehne +…
IPA seals pact with PSA to develop S. Korea’s Incheon Port
Incheon Port Authority (IPA) of South Korea and Singapore-based PSA International (PSA) signed a memorandum of understanding (MOU) on November 12 forming a strategic…
Hapag-Lloyd carved $22-M profit in Q3 due to cost cutting
Despite what it described as the industry’s “irrational behaviour” that was causing freight rates to free-fall, Hapag-Lloyd reported a profit for the second consecutive…
Central PH sea, air ports resume operations
Operations of seaports and airports in central Philippines have started to normalize, days after a large swathe of the Visayas island grouping was devastated…
P3’s port choices not based on ties to terminals
The P3 alliance’s choices of port calls appear less dependent on the carriers’ individual links to terminals and more on other factors beyond close…
Head honchos of Hanjin, Cosco resign
Young Min Kim, president and CEO of Hanjin Shipping, has stepped down, taking responsibility for the continuing company losses and delays in acquiring financial…
Indonesia’s S. Kalimantan port gets $47-M uplift
State-owned port operator PT Pelabuhan Indonesia III (Pelindo III) said it has invested IDR540.64 billion (US$47.67 million) this year to expand the Trisakti Port…
PH Customs to act on e-manifest submission, alert orders
BROKERS and importers in the Philippines will have an extra reason to celebrate in the coming holiday season. Two Bureau of Customs (BOC) executives…
PH faces pre-AEC maritime transport challenges
THERE are a number of “looming” challenges in the maritime transport sector that the country must face in the runup to the ASEAN Economic…
PH Customs Sept. take up 11% but still short of goal
PHILIPPINE port collections for the month of September grew 11.3% to P25.841 billion, from P23.208 billion a year ago, boosting the Bureau of Customs’…
Ex-Coast Guard officer named Cebu Port Authority head
Retired Philippine Coast Guard (PCG) vice admiral Edmund C. Tan was recently appointed general manager of the Cebu Port Authority. Prior to his appointment,…
Truck ban
This is an urgent call for action to participants in the supply chain who will be affected by the proposed Daytime Truck Ban. …
NAIA cargo throughput down 6.5% in Jan-Sept
CARGO throughput at the Philippines’ main gateway, the Ninoy Aquino International Airport, declined 6.5% to 326.044 million kilograms in the first nine months of…
Early Christmas Wish List
The Christmas season is just around the corner so I thought of sharing with our readers my own Christmas wish list: • Mandatory implementation…
