Hong Kong-based Cosco Pacific is in negotiations to buy ports in China, Southeast Asia, and Greece after selling its container manufacturing unit to parent…
Cosco Pacific to buy ports in China, SEA
The Latest
Hamburg Sud christens 9,600-TEU box ships
Germany-based Hamburg Sud held a double christening for its two new container ships, the liner operator’s largest ever vessels, each with a nominal capacity…
Vietnam’s state-owned ports to be opened to private investors
Vietnam plans to convert some state-owned ports, including those in Hai Phong, Da Nang, Quang Ninh, Saigon, and Quy Nhon, into joint ventures with…
Rate hikes loom for East Asia-North America trade
Hapag-Lloyd announced general rate increases (GRIs) for all dry, reefer, flat-rack and open-top containers from East Asia to all U.S. and Canada destinations effective…
World airfreight demand lacklustre, growth uncertain—AAPA
Global air cargo demand in April slipped slightly for Asia-Pacific carriers, and the weak market trend is expected to continue, says the Association of…
PH domestic air cargo traffic up 36% in Q1
DOMESTIC air cargo traffic in the Philippines totaled 9.38 million kilograms (kgs) in the first quarter of the year, a 36% increase from last…
PH maritime regulator urges ships to comply with emission rules
THE Philippine Maritime Industry Authority (Marina) has urged overseas shipping companies and other maritime entities to comply with energy efficiency regulations to cut their…
PH Customs broking profession polishes its image
SULLIED by gross mistakes some colleagues had made and negative public perception about their role in trade facilitation, Filipino customs brokers are mounting a…
PH Customs’ April haul hits P27B
The Philippine Bureau of Customs (BOC) collected P27.141 billion in taxes and duties last month, up from P25.362 billion a year earlier, but 1.31%…
Order suspends memo requiring PH Customs Commissioner clearance for imports
Philippine Customs Commissioner Rozzano Rufino Biazon said he recently signed an order suspending all memoranda requiring clearances from the Office of the Commissioner (OCOM)…
PAL adds 5th Boeing 777 to fleet
Philippine Airlines has taken delivery of its fifth Boeing 777-300ER, bringing its total fleet count to 45. The arrival of the brand-new Boeing 777…
Slow steaming gains more appeal amid freight rate war—Drewry
The current freight rate war in the Asia-Europe and Asia-U.S. trade lanes and the further addition of new ships will force carriers to resort…
HKIA reports a busy April
Hong Kong International Airport (HKIA) saw cargo throughput rise in April 2013 to reach 342,000 tonnes, up 4.5 percent year-over-year, largely as a result…
Polar Air Cargo enhances intra-Asia schedule
Polar Air Cargo Worldwide plans to enhance its 767 intra-Asia services and 747 trans-Pacific services starting early June. One Boeing 767-300 freighter will operate…
Hapag-Lloyd improves Asia-South America East Coast coverage
German box ship Hapag-Lloyd will revise its Asia-South America East Coast (ASE) service effective week 27 to offer more comprehensive port coverage, increased frequency,…
2013 PortCalls Cargo Transport Directory out
The latest edition of the PortCalls Cargo Transport Directory has just been released. The annual publication carries the most complete and up-to-date listing of…
Dragonair, Cathay Pacific volumes dip
Hong Kong’s Cathay Pacific Airways said combined cargo and mail volumes for Cathay Pacific and Dragonair decreased in April 2013 year-over-year. The sister airlines…
Manila ports capture 71% of PH container throughput
MANILA’S three major ports handled the bulk or 3.7 million 20-foot equivalent units (TEUs) of containerized traffic passing through the capital’s ports. The figure…
ATI Q1 net profit up by 13%
Asian Terminals Inc’s net income rose to P396.1 million in the first quarter of the year, up 13.1% from P350.1 million in the same…
Cargo business helps lift Cebu Pacific revenues
LOW-COST Philippine carrier Cebu Pacific posted cargo revenues of P570.5 million for the first quarter of this year, 3.5% higher than the P551.15 million…
