Asia Airfreight Terminal (AAT) announced that its cargo volume in April 2012 dropped slightly compared with the same period last year as transshipment throughput…
Hong Kong’s AAT tonnage throughput slips in April
The Latest
APL, PIL to offer joint Far East-Red Sea service
Singapore-based carriers APL and Pacific International Lines (PIL) will launch a joint service in late June 2012 linking the Far East and Red Sea.…
Mercury Freight going strong at 25
Manila-based Mercury Freight International, Inc began when its founder Bayani Coching left his cushy corporate job to take a business risk that could jeopardize…
Asian shipowners oppose Panama Canal toll hikes
The Asian Shipowners’ Forum (ASF), supported by the Japanese Shipowners’ Association (JSA), expressed opposition to the proposal to raise the Panama Canal toll, which…
PSA, TPG team up to develop Tianjin Port
China’s state-owned Tianjin Port Group (TPG) and Singapore’s PSA International (PSA) signed an agreement on May 18 to collaborate on further developing Tianjin Port…
Geodis Wilson expands intra-Asia trucking network
Global freight forwarder Geodis Wilson has extended its existing routes through Singapore, Malaysia, Thailand, and the Indochina region by expanding its trucking operations to China.…
Singapore’s Changi airfreight volume falls
Changi Airport of Singapore reflected the current downturn in most export markets worldwide by registering a 4.9 percent drop in cargo traffic for April…
Changes As Promised
At the induction last Feb. 10, incoming president Ike Castillo made a promise, that 2012 would be a different year for SCMAP. So…
Pac-Atlantic launches new company
Manila-based Pac-Atlantic Group of Companies, through its group President, Ramon T. De Leon and Managing Director Jose Engelbert D. Guzman, recently signed a Memorandum…
Export agency pushes expansion of ro-ro policy in PH
The public-private agency Philippine Export Development Council (EDC) is urging the immediate amendment of Executive Order 170 to expand the Roll On-Roll Off (ro-ro)…
PH air cargo volume up 15% in first quarter
Philippine air cargo shipments handled by the country’s top five airlines increased 14.9% in the first quarter of the year to 45.74 million kilograms…
More reforms, less restrictions key to Philippine progress—WTO
Since it was last reviewed in 2005, the Philippines has taken measures to make the business environment more attractive to foreign investments. But the…
OOCL to boost North Europe-Asia rate
Orient Overseas Container Line (OOCL), Hong Kong’s biggest box carrier, plans to impose another freight rate hike on the North Europe-Asia trade lane in…
HK airfreight volume drops as imports decline
Cargo throughput at Hong Kong International Airport (HKIA) remained slow, sliding down slightly by 0.8 percent to 327,000 tonnes in April this year compared…
Declining business delays Vietnam port launch
Construction of the Gemalink-Cai Mep Port, touted to be the largest at the Cai Mep-Thi Vai port complex in Vietnam once completed, has slowed…
Projects FPS helps build a brewery
Projects FPS, the recently-established project forwarding and third-party logistics arm of Famous Pacific Shipping Lanka, has cleared and delivered a 9000 cbm shipment of…
Maersk Line’s Q1 sees net loss of $599 million
Maersk Line reported a net loss of US$599 million in the first quarter of 2012 from a profit of $424 million year-over-year, as average…
ASEAN, World Bank collaborate to monitor regional integration
The World Bank has agreed to advise the Association of Southeast Asian Nations (ASEAN) on the best ways to monitor its progress toward regional…
1 in 4 box ships still behind schedule, says report
Container carriers’ schedule reliability improved to 72.3 percent in the first quarter of 2012, but service standards remained as low as 40 percent, a…
Cathay Pacific, Dragonair traffic down for April
Cathay Pacific and Dragonair’s combined volume for April 2012 showed another drop in cargo and mail tonnage year-on-year, Hong Kong-based Cathay Pacific Airways said in…
