Mediterranean Shipping Co. (MSC) and Zim Integrated Shipping announced general rate increases (GRIs) for the Far East-Europe trade lane, which will take effect from…
MSC, Zim to boost rates on Far East-Europe routes
The Latest
Land dispute stalls Indonesia’s Sorong Port development
Construction of Sorong Port in West Papua, Indonesia, initially planned to start at the end of this year, is likely to proceed next year…
ADB: Developing Asia not immune to world economic slump spillover
After years of rapid growth, developing Asia must brace for a prolonged period of moderate expansion amidst an ongoing slump in global demand, according…
FedEx launches $80-M regional cargo hub in Singapore
American air cargo transportation company FedEx Express opened on October 3 a new SGD97 million (US$78.9 million) hub in Singapore that consolidates and boosts its…
APEC economies improve ease of doing business—report
Member-economies of the Asia-Pacific Economic Cooperation (APEC) improved the ease of doing business in the region by 8.2 percent between 2009 and 2011, exceeding…
San Miguel to go ahead with $6B airport project in PH
Diversified Philippine company San Miguel Corp (SMC) has confirmed it is pushing through with a $6-billion airport project with the group of Philippine businessman…
Permanent PH Marina chief sought
The umbrella organization of domestic shipping operators is pushing for the installation of a new Maritime Industry Authority (Marina) administrator. The post has been…
PH ports agency sees 12.3% drop in Jan-Aug income
The Philippine Ports Authority (PPA) posted lower net income in the first eight months of the year due mainly to higher expenses. Net income…
Freight rates for PH banana exports to the Middle East up 25% due to capacity crunch
Apart from strict quarantine requirements in China, Philippine banana growers and exporters are facing yet another problem — limited vessel capacity and higher freight…
Singapore embarks on $2.8-B container port expansion
PSA Singapore Terminals (PSA) will invest SGD3.5 billion (US$2.8 billion) in developing phases three and four of the Pasir Panjang Terminal (PPT). The new…
ADB: Philippine economy posts strong H1 performance
Despite the global and regional economic slowdown, the Philippine economy continues to show its strength with a positive performance in the first half of…
Global airfreight outlook revised from black to red
The troubled international cargo airline industry is facing fiercer headwinds this year, the International Air Transport Association (IATA) said in its latest revised outlook…
APL Logistics opens 2 Bangladesh facilities
APL Logistics, the freight-forwarding arm of Neptune Orient Lines, opened two quality assurance centers in Bangladesh to capitalize on the growing apparel sector in…
Transfer of PH seafreight forwarding sector supervision revived
The proposal to transfer supervision of the Philippine seafreight forwarding industry from the Philippine Shippers’ Bureau (PSB) to the Maritime Industry Authority (MARINA) seems…
PH cargo throughput up 4.31% in Jan-Aug
Philippine cargo throughput grew modestly in the first eight months of the year due to the strong performance of foreign cargoes, particularly exports. Data…
IATA to PH gov’t: Scrap aviation taxes, don’t move airport to Clark
The International Air Transport Association (IATA) reiterated its call for the Philippines to scrap taxes levied on international airlines even as it said moving…
PH July imports slip 0.8%
For the first time in three months, Philippine imports dropped in July despite the strong shipment of electronic products. Latest data from the National…
PH customs chief focuses energies on automation
With his senatorial bid taking a back seat, Philippine Customs commissioner Rozzano Rufino Biazon said he will focus on enhancing the Bureau of Customs…
E-ACTS To e2m Migration, PEZA AEDS-To-e2m AEDS
It looks like we may see new momentum for the electronic-to-mobile (e2m) system. E-ACTS To e2m Migration The Bureau of Customs is scheduled…
Vanguard Logistics expands to Vietnam
Vanguard Logistics Services has opened a new office in Danang, Vietnam, as part of its strategy to boost its Southeast Asia network. Vanguard Danang,…
