World trade will slow down still further to 3.7 percent in 2012 after expanding by 5 percent in 2011, a sharp deceleration from the…
WTO: Global trade faces further slowdown in 2012
The Latest
Indonesian government authorizes Kalibaru port construction
The government of Indonesia has issued a presidential decree mandating the development of Kalibaru port, clearing the way for port operator Pelindo II to…
HK’s Hactl completes migration to latest cargo management system
Hong Kong Air Cargo Terminals Limited (Hactl)—a major air cargo handler at Hong Kong International Airport—has completed the final phase of the implementation of…
NYK upgrades Asia-Latin America service
Japanese carrier NYK said it is upgrading its weekly Asia-Latin America Express (ALEX) service linking Asia to Mexico and the west coast of South…
Developing Asia to grow 6.9% in 2012 — ADB report
Weak global demand will slow down developing Asia in 2012, but growth rates in most developing economies remain robust and should tick back up…
Indonesia’s Garuda to reformat passenger planes to hold more freight
Garuda Indonesia said it will restructure its passenger planes to make room for more cargo in response to what it sees is the rising…
Tung is new OOCL chief executive officer
Orient Overseas Container Line (OOCL) announced the appointment of Andy Tung, chief operating officer of OOCL, as new chief executive officer of the Hong…
ICTSI names engineers
International Container Terminal Services, Inc (ICTSI) recently announced the appointments of Nathan Clarke and Roger Yee as civil engineering managers for ICTSI’s ports worldwide.…
Cebu shipcalls slip in 2011
Domestic and international vessel traffic to ports controlled by Cebu Ports Authority (CPA) in southern Philippines declined in 2011. Domestic shipcalls slid 0.51% to…
New deputy sec-gen for ASEAN economic community assumes office
The new deputy secretary-general (DSG) for the Asean Economic Community (AEC) took his oath of office on April 10, the Association of Southeast Asian…
APEC confab pushes innovation-friendly environment to foster regional growth
Economies in the Asia-Pacific Economic Cooperation (APEC) region must continue to actively promote “innovation-friendly” policies and infrastructure to bolster their economic fortunes. This was…
Container lines propose new round of US-Asia rate adjustments
Oakland, CA / April 9, 2012 – Container shipping lines in the Westbound Transpacific Stabilization Agreement (WTSA) are recommending a further round of incremental…
Firms look at Asean’s overall attractiveness in making investment decisions
The Association of Southeast Asian Nations (Asean) region holds good prospects for attracting investments, with a significant share of businesses considering the attractiveness of…
Upbeat On Export Growth
The year just past was a bad one for Philippine exports, pulled down chiefly by a quick retreat in electronics products, although most other…
Cebu container traffic up 8% to 538,200 TEUs in 2011
Containerized volume monitored by the Cebu Ports Authority (CPA) in southern Philippines grew 8.27% to 538,200 twenty-foot equivalent units in 2011 from 497,062 TEUs…
North Port volume seen rising 6% in 2012
The July delivery of additional cargo-handling equipment is expected to help increase throughput at North Port in Manila by 6% this year. Richard Barclay,…
East Asia, ASEAN target export markets of PH for 2012
The Philippine Department of Trade and Industry’s (DTI) global marketing and intelligence teams (GMITs) are aiming at East Asia and ASEAN as main targets…
Upcoming Activities
SCMAP has just released its list of upcoming activities. Blockbuster Seminar-GMM, April 26, 2012 First of all, SCMAP invites colleagues to its 2-part blockbuster…
Cathay Pacific installs e-AWB system in Singapore and Malaysia
Cathay Pacific Airways has introduced the electronic air waybill (e-AWB) process in Singapore and Malaysia to promote a greener and more efficient airfreight industry.…
Asia-Europe box rates make second large surge
Container freight rates in the westbound Asia-Europe corridor increased by 28 percent last week, only one month after the previous large rate increases, according…
