The seven international container terminals in the Cai Mep-Thi Vai deepwater port complex in southern Vietnam are struggling with such low demand that they…
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Poor port condition sinks Davao bid to be ASEAN RoRo link
THE Port of Davao in southern Philippines had been considered as one of the links in the ASEAN RoRo (roll on-roll off) shipping network,…
ICTSI to renew MICT concession rights for $600M
Manila-based port operator International Container Terminal Services, Inc. (ICTSI) says it will renew its concession to operate the Manila International Container Terminal (MICT) and…
SMC trumps Metro Pacific with P11-B bid for NAIA expressway project
A unit of Philippine-listed company San Miguel Corp (SMC) has won the contract to build a new 7.15-kilometer expressway project that will link Metro…
ATI eyes 4 blocks at South Harbor for yard expansion
Manila-based port operator and developer Asian Terminals Inc. (ATI) says it will acquire four blocks of the Manila waterfront from the government this year…
JICA endorses opening of GenSan-Bitung seafreight link
The Japan International Cooperation Agency (JICA) has called for the setting up of a sea link dedicated to freight services between General Santos City…
Jan-Feb income up 6% at PH ports agency
THE Philippine Ports Authority (PPA) posted a net income of P914.4 million for the first two months of the year, up 5.96% from P863…
High Compliance To BOC’s e2m AEDS
During the 1st quarter of 2013, indications pointed to the continued very high level of stakeholder compliance to the Bureau of Customs’ electronic-to-mobile (e2m)…
HK dockers bring strike to port owner’s HQ
Striking dock workers at Hongkong International Terminals have moved their three-week protest rally from the Kwai Tsing Container Terminals to the office of HIT…
Indonesia port operators create cargo-handling JV
Four state-owned port operators in Indonesia have established a joint venture to provide coordinated domestic cargo-handling services and thus reduce local logistics costs as…
Evergreen Line strengthens Far East-South America network
Taiwan’s Evergreen Line is joining forces with China’s Cosco Container Lines and Israel-based Zim Integrated Shipping Services to upgrade its Far East-South America (ESA)…
SEAIR mulls IPO to build up fleet for network expansion
Philippine-based low-cost carrier Southeast Asian Airlines (SEAIR)/Tiger Airways is considering an initial public offering to raise funds for leasing more aircraft as it builds…
ICTSI to double berth capacity at Mindanao port
CAGAYAN DE ORO, Southern Philippines — Port operator International Container Terminal Services Inc. (ICTSI) will likely expand the berth at Mindanao Container Terminal (MCT)…
Northport to invest $330M in modernization drive
Malaysia’s Northport, one of the three ports at Port Klang, announced a RM1-billion (US$330 million) renovation plan that will allow it to handle bigger…
Hapag-Lloyd increasing Asia rates from May
German carrier Hapag-Lloyd is planning a series of general rate increases affecting the Asia trade effective the middle of May. The company will boost…
HK’s Hactl reports 1.6% air cargo hike in 1st quarter
Hong Kong Air Cargo Terminals Limited (Hactl), the major cargo handler at Hong Kong International Airport, announced a throughput of 643,912 tonnes for the…
K+N sees Q1 gains on cost savings, airfreight profit
Kuehne + Nagel (K+N) registered higher earnings in the first quarter of 2013 on the back of improved internal efficiency and productivity as well…
Carriers will be hard put to sustain rate hikes in 2013
Box ship operators will be in a constant battle to sustain rates and stay profitable this year as more ships are poised to join…
PH container throughput up 2% in Jan-Feb
The Philippine Ports Authority (PPA) reported steady growth in cargo volume in the first two months of the year, with containerized throughput rising 1.91%…
Ships jam HK harbor as talks fail to end strike
HONG KONG faced a buildup of cargo vessels waiting to load and unload on its famed Victoria Harbour as the first day of talks…