THE Philippine International Seafreight Forwarders Association (PISFA) has elected its officers and board members for 2013-2015, with Maria Emperatriz Regis, vice president and chairman…
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Super typhoon hobbles PH supply chain
SUPER typhoon Yolanda (international name Haiyan) which ripped through central Philippines on Friday heavily affected the supply chain, with many seaports and airports ordered…
Evergreen’s newest 8,508-TEU ship named Ever Linking
Evergreen Line has received the delivery of its newest 8,508-TEU box vessel that it has named Ever Linking and will deploy on the Far…
Privatization blues hurting Malaysia’s Penang Port
The slow process of privatizing the Penang Port in George Town, Penang, Malaysia, is causing the port millions in lost revenue, the port’s operator…
Panalpina widens LCL sea freight network in Asia
Swiss freight forwarder Panalpina recently completed the month-long rollout of 26 direct less-than-container load (LCL) ocean freight services in Asia that it started in…
PH Customs cracks down on overcharging CY/CFS operators
The Philippine Bureau of Customs ordered all container yard/container freight station (CY/CFS) operators to strictly comply with Customs Memorandum Order 24-2001, which prescribed uniform…
NOL reports $20-M profit in 3Q amid weak peak season
Singapore-based Neptune Orient Lines managed to post net profits of US$20 million for the third quarter of 2013 despite a weak peak season. The…
Global port operators buy into new box terminals
Singapore-based port operator PSA International (PSA) makes its first major foray into the Yangtze River Delta region—one of the most important economic regions in…
Damco opens Indonesia warehouse, gets new CEO
Global logistics company Damco has opened a new warehouse in Semarang, Central Java, its fourth in Indonesia and its second in Semarang. Damco Indonesia’s…
US maritime body invites EU, China regulators to meet on P3 impact
The U.S. Federal Maritime Commission (FMC) has invited the regulatory bodies in the European Union and China to discuss the possible impact of the…
Hapag-Lloyd set to raise Asia rates
German ocean box liner Hapag-Lloyd said it will increase freight rates for its East Asia shipments effective November and December. An additional US$650 per…
Hamburg Sud, CMA CGM reshuffle Asia loops for winter
Hamburg Sud and its service partners will temporarily withdraw the New Good Hope Express Service (NGX) Loop 3 between Asia and the East Coast…
P3 to eschew slow steaming, keep rivals on toes
The P3 alliance has no intention to go slow steaming, but instead even plans to improve average headhaul vessel speeds, putting pressure on its…
APEC: uniform security controls can facilitate trade of risky goods
The Asia-Pacific Economic Cooperation (APEC) is taking steps to ensure that member-economies uniformly embrace controls on traded goods whose misuse could pose a security…
Market weakness unrelenting for Asia cargo carriers
Business continues to be slow for Asia-Pacific airlines, with September figures showing a decline in cargo activity year-over-year, according to the International Air Transport…
CEVA opens Asia logistics hub, appoints regional president
Global supply chain service Ceva Logistics has opened its first center for logistics excellence in Asia-Pacific in Changi, Singapore, part of its overall strategy…
CNC Line launches intra-Asia services
Cheng Lie Navigation (CNC Line), the intra-Asia liner subsidiary of CMA CGM, announced the launch on October 25, 2013 of the KVT service, linking…
P3 plans to add only modest capacity to key trade lanes
The P3 alliance is infusing only moderate capacity growth on the Asia-Europe and Asia-North America trade lanes, seemingly more focused on service quality rather…
Persistent market weakness slows Asia-Pacific airfreight traffic
The soft demand for air cargo transport has persisted through September as the global economy remains sluggish, according to the latest traffic figures released…
Maersk announces new CEO appointments
Maersk Line COO Morten Engelstoft has been appointed CEO of Services and Other Shipping in Danish shipping and logistics giant Maersk, with Søren Toft…