Container truck drivers continued their strike at Port Klang in Malaysia to protest supposedly exorbitant depot gate charges and delays that have eaten into…
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G6 Alliance drops plan for 7th Asia-Europe loop
The G6 Alliance announced on May 2 that it will not deploy the planned Loop 2 Asia-Europe service that was originally developed as part…
TNT earnings rise in Q1 as acquisition by UPS looms
TNT Express reported first quarter profits of EUR16 million (US$21 million) compared with a EUR106 million loss in the same period last year, as…
High oil prices undermine airfreight demand growth
Air freight markets are now showing signs of “renewed expansion,” but steep fuel prices are negating the positive results, said the International Air Transport…
Mindanao terminal box throughput up 5.5% in Q1
Container volume at the Mindanao Container Terminal (MCT) in Misamis Oriental southern Philippines grew 5.5% to 54,133 twenty-foot equivalent units for the first quarter…
Better trade to boost ATI volumes
Manila’s South Harbor operator Asian Terminals, Inc. (ATI) sees better cargo volume for this year due to improving trade in the Philippines. Newly installed…
2GO books P626M loss in 2011
The 2GO Group, the Philippines’ largest shipping company, posted a net loss of P626 million for 2011 compared to the previous year’s loss of…
PH Feb imports up 5%
The Philippines’ February imports rose 4.9% to $4.993 billion from $4.761 billion in the same month last year but down 2.8% from January’s $5.134…
Hanjin PH delivers two ships
Hanjin Heavy Industries & Construction-Philippines (HHIC-Phil, Inc.) has delivered two more vessels this month, the 34th and 35th delivered from its Subic yard. Crude…
PH exporters urged to increase China shipments
Filipino exporters are strongly encouraged to tap more into the huge Chinese market, the world’s second largest economy with a population of over a…
e2m AEDS Issues Gradually Being Resolved
The Bureau of Customs MIS & Technology Group (MISTG) headed by Deputy Commissioner Maria Caridad P. Manarang has been taking concrete steps since the…
ASEAN: A Single, Huge Market By 2015
The ten-member Association of Southeast Asian Nations (ASEAN) has set 2015 as the target for creating a single regional economic market known as the…
All set for CIMPS-Europort 2012 in China
More than 40 Indonesian shipowners along with the Minister of the Indonesian Department of State-owned Enterprises will attend CIMPS-Europort 2012 being held in Nanjing,…
IJS Global opens new HQ
Amsterdam ‑ IJS Global opened its new world headquarters in Amsterdam, with more than 200 guests and dignitaries in attendance. Jos Nijhuis, President Schiphol…
Hutchison Ports Indonesia to invest $100 million in JITC expansion
PT Hutchison Ports Indonesia (HPI) will invest US$100 million in the expansion of the Jakarta International Container Terminal (JICT) in Tanjung Priok, North Jakarta.…
New Weiss-Röhlig office established in Taiwan
Transport and logistic company Weiss-Röhlig has opened a new office in Taiwan as part of a plan to build a regional project cargo network…
COSCO reports bigger net loss for Q1
China COSCO Holdings registered first quarter losses of CNY2.7 billion (US$430 million) for the year, compared to a loss of CNY502 million for the…
Emirates SkyCargo opens own freight service to Vietnam
Emirates SkyCargo announced the launch of a passenger service to Ho Chi Minh City that will use the 240-tonne weekly bellyhold capacity of the…
Asia faces stronger growth, but further rebalancing critical
Growth in Asia is expected to pick up this year, after slowing in the last quarter of 2011, but Asian leaders now face the…
Maersk Line plans freight rate hikes on major trade loops
Copenhagen-based Maersk Line will impose a series of general rate hikes on key sea lanes beginning May. Maersk Line, the world’s leading container shipper,…