State port operator PT. Pelabuhan Indonesia II (Pelindo II) has signed a memo of understanding (MOU) with state power agency PT. PLN to upgrade the…
Deal to improve power system at Port of Tanjung Priok signed
The Latest
IMF: Rosier outlook for Asia at risk from fragile world economy
Economic activity in Asia has picked up in 2012 following last year’s slowdown, but the region’s prospects are being dimmed by the fragile global…
Cathay Pacific expands cargo presence in India
Cathay Pacific Airways will further expand its presence in India with a new twice-weekly freighter service to Hyderabad, making it the first airline to…
CMA CGM reshuffles Asia-South Africa and Mozambique routes
French box ship CMA CGM announced it will reshuffle in partnership with Maersk Line its Asia-South Africa and Mozambique services. These two new services…
Maersk ends freeze on Europe-Asia bookings
Maersk Line has resumed booking shipments on the North Europe-Asia sling after a suspension of almost a month. The world’s largest ocean container line…
ATI earmarks P1.4B capex for 2012
Philippine port operator Asian Terminals, Inc (ATI) is injecting P1.4 billion for capital expenditures this year. ATI said the investment, which will be sourced…
First IATA-authorized training center in Hong Kong to open in Hactl
Hong Kong — Hong Kong Air Cargo Terminals Limited (Hactl) – the air cargo handler at the world’s largest air cargo hub – has…
SDV to represent Swire Shipping new service into East Timor
SDV East Timor has been appointed to represent Swire Shipping new service in East Timor. Swire Shipping is the brand name for all liner…
Cathay Pacific, Dragonair eye capacity cut as cargo traffic slows
Combined Cathay Pacific and Dragonair traffic figures for March 2012 showed a decline in cargo and mail tonnage compared to the same month last…
Outlook for 2012 improving but still fragile—IMF
The global economy is slowly improving again, but growth is expected to be weak, especially in Europe, according to the International Monetary Fund’s latest forecast.…
Drewry to unveil new container analytics
Drewry Maritime Research and CargoSmart Limited have partnered to introduce a wider range of container key performance indicators (KPIs) to help importers and exporters…
Maersk Mc-Kinney Moller dies at age 98
Maersk Mc-Kinney Moller, partner and shipowner of the world’s largest container shipping company, died on April 16, 2012 at the age of 98. “On…
Ceva widens cross-border LTL network in Asia
Global freight forwarder Ceva Logistics is widening its less-than-truck-load (LTL) services in Asia-Pacific to bolster its cross-border road freight business in the region. The…
Cebu ports face upgrades
The Cebu Ports Authority (CPA) is upgrading infrastructure of all ports under its control in the island grouping of Visayas in the Philippines to…
PH truckers seek nationwide cost-recovery rate adjustment
The Philippine Chamber of Arrastre and Stevedoring Operators (PCASO) has filed for a nationwide cost-recovery rate adjustment before the Philippine Ports Authority (PPA). The…
Cost hikes, EU fine trim Kuehne + Nagel Q1 earnings
Global logistics company Kuehne + Nagel reported “unsatisfactory results” for the first quarter of 2012, as cost increases, lower margins, and a one-off antitrust…
Hong Kong’s AAT marks slight growth in cargo volume
Asia Airfreight Terminal (AAT), a cargo terminal operator at Hong Kong International Airport, announced a tonnage throughput of 65,929 tonnes for March 2012, a…
Vietnam, US top alternatives to China for manufacturing goods
A survey of U.S. importers who sell to major American retailers report that they have moved, or plan to move, a portion of their…
2012 still a year of loss for Maersk Line
Maersk Line, the container shipping arm of Danish oil and shipping conglomerate A.P. Moller-Maersk, still expects losses in 2012 despite gaining global market share…
Hong Kong’s Hactl continues to recover, remains cautious
Cargo throughput at Hong Kong Air Cargo Terminals Limited (Hactl) – a major air cargo handler at the Hong Kong International Airport – showed…
