The G6 Alliance will not reinstate this year the sixth loop of its Far East-North Europe service that it suspended in late 2012. The…
G6 scraps suspended Asia-North Europe sling
The Latest
Shanghai port’s 2012 box traffic reaches 32.5M TEUs
The Port of Shanghai, the world’s biggest container port, registered a 2.5 percent expansion in container volume to 32.5 million 20-foot-equivalent units (TEUs) in…
Jan-Oct PH cargo volume up 1.26%; box throughput grew 11.23%
Philippine cargo throughput inched up 1.26% in the first ten months of 2012 to 151.881 million metric tons (mmt) from the previous year’s 149.992…
ICTSI named best managed company in Asia–Transportation / Shipping
International magazine Euromoney has named International Container Terminal Services, Inc (ICTSI) as winner of the overall best managed company in Asia for the Transportation…
PwC predicts world’s largest economies by 2050
China, the United States, and India will be the three largest economies by 2050, with Brazil overtaking Japan in fourth place, according to the…
Malaysia’s logistics industry looks to a bright 2013
The Malaysian logistics industry is expected to grow 9.5 percent to MYR139.74 billion (US$46.34 billion) in 2013 from an estimated MYR127.66 billion a year…
Indonesia’s Tanjung Priok Port names new GM
Indonesia Port Corporation (IPC), or PT Pelabuhan Indonesia II, appointed on January 15 Ari Henryanto as the new general manager of Tanjung Priok Port.…
Opportunities abound for logistics investors in a resurgent PH economy
Despite the global economic slowdown and volatile market conditions, economists are bullish on the prospects of the Philippine economy in 2013. The Bangko Sentral…
Hactl achieves second best annual throughput
Hong Kong Air Cargo Terminals Limited (Hactl) – the major air cargo handler at the world’s largest air cargo hub – has reported the…
UPS anticipates EC’s rejection of TNT buyout
United Parcel Service (UPS) said on January 14 it was “extremely disappointed” to learn that the European Commission (EC) intended to disapprove its takeover…
Indonesia to put national pendulum system on trial run
PT Indonesia Port II, or IPC, continues to improve on the concept of the national pendulum system in Indonesia as it prepares for a…
PSA ports register 5.2% growth in box volume for 2012
Despite a difficult 2012, global port operator PSA International said its ports all over the world set an overall 5.2 percent increase in container…
Cathay’s cargo terminal at HKIA opens February
Cargo terminal operator Cathay Pacific Services Limited (CPSL) announced that its new terminal at the Hong Kong International Airport (HKIA) will open on February…
Rickmers-Linie opens new office in Singapore
Rickmers-Linie has established a new company, Rickmers-Linie (Singapore) Pte Ltd, to strengthen its presence in South East Asia. The new company will operate out…
More empty containers to stay in PH
The volume of empty containers in Philippine depots remains high and the trend is seen to prevail throughout this year, according to operators. “Yard…
Port Tariff Structure
Planning Session The new Board and Committee chairpersons for 2013 begin work for the year with its traditional planning session to map out what…
PH Nov exports up 5.5%
Philippine export earnings grew 5.5% to $3.551 billion in November from $3.366 billion in the same month of 2011, according to latest data from…
ICTSI raises $300M for capex
Manila-based port operator International Container Terminal Services Inc (ICTSI) recently raised $300 million from the issuance of medium-term notes for its debt management program…
PH exporters urged anew to use Batangas port
Philippine exporters were once again encouraged to use Batangas port, two hours south of the Philippine capital Manila, in order to lower costs and…
Transfer of PH seafreight forwarders to transport agency eyed in 1H
Officials of the Philippine Maritime Industry Authority (Marina) and Department of Trade and Industry (DTI) will soon meet to iron out kinks in the…
