Philippine port operator Asian Terminals, Inc. (ATI) is allotting P4.2 billion in capital expenditures in the next three years. The amount, part of the…
ATI sets P4.2B capex over three years
The Latest
North Harbor forecasts jump in cargo volume
The Manila North Harbor Port Terminals, Inc. (MNHPI) eyes significant increases in cargo volume handled in the next five years. Container throughput is expected…
Update Your Customs Vocabulary For 2013
If you think you know everything about the Bureau of Customs’ e2m (electronic-to-mobile) system, then navigating your way through CPRS, CCN, e-iFM, e-CCM, BRN,…
PH international airfreight volume hits 205.2M kg in Jan-Sept
The Philippines’ import and export airfreight volume reached 205.243 million kilograms in the first nine months of 2012, with consolidations accounting for 44% or…
DB Schenker plans SG warehouse, Catapult opens HK office
Contract logistics and supply chain company DB Schenker Logistics will build a new integrated logistics center at the Tampines LogisPark, Singapore, close to Changi…
APEC eyes infrastructure development to connect regional growth centers
Senior officials of the Asia-Pacific Economic Cooperation met in Jakarta, Indonesia, this week to formulate proposals to boost regional economic integration through enhanced free…
Asia airlines register 3.4% cargo reduction in 2012
Asia-Pacific airlines encountered weaker market conditions last year that led to a more than 3 percent drop in international air cargo volume compared to…
Zim revamps Asia-Med/Europe service
Israeli shipping line Zim Integrated Shipping Services announced it will restructure its service network in the Asia-Indian Sub-continent/East Mediterranean/North Europe trade to improve alignment…
Hapag-Lloyd announces new rate hikes, services for Asia trade
Hapag-Lloyd will increase freight rates effective April 1 for all dry, reefer, non-operative reefer, flat rack, and open-top containers from East Asia to the…
G6 Alliance extends tie-up to trans-Pacific trade
The six member-carriers of the G6 Alliance have agreed to expand their cooperation beyond the Asia-Europe trade to the Asia-North America East Coast trade.…
TSA eyes April rate hikes as contract talks begin
Member lines in the Transpacific Stabilization Agreement (TSA) are seeking an across-the-board general rate increase (GRI) on all dry and refrigerated cargo effective April…
ICTSI wins bid for Honduras terminal
Manila-based International Container Terminal Services, Inc. (ICTSI) has won the bid to develop and operate the container and general cargo terminal in Puerto Cortes…
Doubling exports by 2016 a big challenge
With only revenues for the month of December unaccounted for, the Philippines is expected to set a new record of $52-$53 billion in merchandise…
Second tranche of PH cargo tariff increase in effect
The full implementation of higher arrastre fees on international containerized and non-containerized cargoes at the Manila International Container Terminal (MICT) and the South Harbor…
PH Senate approves bill scrapping aviation taxes
The Philippine Senate recently ratified the bill scrapping the gross Philippines billings tax (GPBT) and common carriers tax (CCT) slapped on foreign airlines. The…
PH ports agency posts 7% drop in income
The Philippine Ports Authority (PPA) reported a 6.9% drop in net income to P3.080 billion in the first ten months of 2012 from P3.309…
Nature’s Wrath
A newsman once commented that when national disasters hit the Philippines, we now count our dead in the thousands, not in hundreds; destroyed properties…
MOL sees red, but NYK and ‘K’ Line swing into black
Mitsui O.S.K. Lines (MOL) revised downward its earlier forecast of its net loss for full-year 2012 ending March 31, 2013. The Japanese carrier ascribed…
Frontier Asia is next-gen emerging market—IMF
Asian frontier economies are poised to join the ranks of emerging markets, but they need to broaden their sources of growth beyond agriculture or…
Changi Airport volume dips 3.2% in 2012
Singapore Changi Airport saw its cargo volumes decline 3.2 percent to 1.81 million tonnes in 2012, suppressed by uncertainties in the global economy. For…
