Germany’s Hapag-Lloyd announced more rate increases for the Far East trades beginning next year under its revenue recovery program. From January 15, 2013, rates…
Hapag-Lloyd, CMA CGM set new Far East rate hikes
The Latest
Hong Kong’s AAT profits from hi-tech cargo demand
Asia Airfreight Terminal (AAT), the second cargo terminal handler at Hong Kong International Airport, reported a 12 percent increase in tonnage throughput year-on-year for…
EU, Singapore conclude FTA deal
Singapore and the European Union (EU) have completed final negotiations on a bilateral free trade agreement (FTA) that will promote business cooperation between the…
Hong Kong port’s cargo contracts 4.3% in November
Box traffic at the Port of Hong Kong contracted 4.3 percent in November 2012 year-over-year to 1.87 million 20-foot-equivalent units (TEUs), Port Authority statistics…
Ceva boosts Indochina clout with Vietnam JV
Netherlands-based Ceva Logistics entered into a joint venture (JV) in Vietnam with its longtime local partner to reinforce the global logistics firm’s presence in…
CargoSmart tapped to help carriers meet Japan Customs’ advance filing rules
CargoSmart Limited, a software-as-a-service global shipping and logistics solutions provider, announced it is one of the first service providers to sign an agreement with…
Changi Airport hikes landing fee rebates to 50%
Singapore’s Changi Airport is propping up the beleaguered air cargo sector by hiking to 50 percent the rebates for the landing fees of all…
FedEx earns 12% less in Q2 as Sandy impacts volume, costs
FedEx posted a net income of US$438 million, or earnings of $1.39 per share, in the second quarter ended November 30, down 12 percent…
Transporeon enters Asian market with new Singapore HQ
E-logistics sister companies Transporeon and Ticontract have established a local presence in Asia with a new office in Singapore that opened in November this…
Transpacific lines shore up winter season rates
Container lines in the Asia-U.S. freight market are resisting cyclical winter season pressures on rates, reaffirming their resolve to prevent discounting that spills over…
Hapag-Lloyd boosts East Asia-North America box rates
Hapag-Lloyd announced a round of general rate increases (GRIs) on the East Asia-U.S. and Canada trades effective mid-January next year. The GRIs will be…
Zim’s Far East-Europe rates to rise effective January
A general rate restoration on the Asia-westbound trades is scheduled for implementation early next year, announced Zim Shipping Integrated Services. The new freight rates…
Container depots in PH see mixed business picture for 2013
The Container Depot Alliance of the Philippines (CDAP) sees mixed business prospects next year. “From the looks of it, it seems that we have…
BOC-BIR database linkup eyed
The Bureau of Customs (BOC) wants to link its database with the Bureau of Internal Revenues (BIR) to see whether top importers’ transactions correspond…
Air Asia offers new services from Clark
Low-cost carrier AirAsia recently launched two new services from its hub in Clark, two hours from the Philippine capital Manila, — to Singapore and…
PH carriers seek clear vessel operation rules under ASEAN integration
Philippine vessel operators are asking for concrete vessel operation guidelines from the Maritime Industry Authority (Marina) once the ASEAN Economic Community (AEC) goes into…
PH Oct exports up 6.1%
Philippine exports grew 6.1% to $4.408 billion in October from $4.156 billion year-on-year, based on latest data from the National Statistics Office. This brings…
IMF: Asia to grow 6% in 2013, but risks ‘considerable’
After a subdued performance in 2012, Asia’s economy is set to gain momentum gradually to log a 6 percent growth in 2013, forecasts the…
Asian Marine operates out of Manila South Harbor
Roll on-roll off Philippine operator Asian Marine Transport Corp (AMTC), which operates the Super Shuttle Ferries, has made Asian Terminals Inc’s South Harbor its…
SCMAP Election Results
After the election of Directors for 2013 at the last GMM for 2012, the ten elected directors elected from among themselves the officers who…
