Philippine ports under the Cebu Port Authority (CPA) registered a throughput of 25.365 million metric tons (mmt) in 2011, up 5.4% from 24.056 mmt…
Cebu 2011 cargo throughput up 5.4%
The Latest
LBC is PH’s top domestic airfreight forwarder
LBC Express, Inc was the Philippines’ leading domestic airfreight forwarder in 2011, based on latest statistics from the Civil Aeronautics Board (CAB). LBC Express…
Maersk CEO goes on extended sick leave
A.P. Moller-Maersk, the Danish shipping and energy conglomerate, said CEO Nils Smedegaard Andersen has extended his sick leave for six to eight weeks more,…
APM Terminals cuts work-related injuries 21%
APM Terminals (APMT) in its 2011 Sustainability Report said it continues to improve its sustainability performance throughout the company’s global port, terminal, and inland…
Asia-Pacific air cargo traffic posts growth
International air cargo demand for February 2012 grew by 7.8 percent compared to the softer freight market conditions last year when the Chinese New…
MOL beefs up Asia-South Africa service
Mitsui O.S.K. Lines (MOL) announced on March 27 two enhancements to its Asia-South Africa network that it said will widen its port coverage. From…
Kuehne + Nagel unveils airfreight solution for pharma cargo
Global logistics firm Kuehne + Nagel has rolled out KN PharmaChain, a product tailored to the specific needs of the pharmaceutical and health-care industry.…
Deals sealed at Asia Pacific Maritime 2012
Singapore – Asia Pacific Maritime (APM) 2012 recently ended with several maritime deals sealed during the three-day exhibition and conference in Singapore. Singapore-based GK…
Hactl restructures management team
Hong Kong — Hong Kong Air Cargo Terminals Limited (Hactl), Hong Kong’s air cargo handler, has restructured its senior management team. Tan Chee Hong,…
Rickmers-Linie appoints new representatives in France, Bangladesh and Sri Lanka
Rickmers-Linie, the Hamburg based operator of heavy lift and project liner services, is now actively serving Bangladesh and Sri Lanka with direct calls in…
ICTSI wins international award for bond deal
International Container Terminal Services, Inc’s (ICTSI) issuance of a US$200-million perpetual corporate hybrid bond in April 2011 won the Philippine Capital Markets Deal of…
PPA Hearings
Despite our hopeless feeling in attending the two Philippine Ports Authority (PPA) hearings last March 20, 2012, we still went ahead and attended. The…
PH haulers push higher truck overload tolerance
The Confederation of Truckers Association of the Philippines (CTAP) is asking the Department of Public Works and Highways (DPWH) to reconsider its approved tolerance…
Cebu Pacific flies to 3 new international destinations
Philippine budget airline Cebu Pacific (CEB) recently launched three international flights — from Manila to Hanoi, Kalibo-Hong Kong and Manila-Xiamen and vice versa. “In…
Exporters liable if controlled goods reach “bad actors”
Philippine exporters, other players in the supply chain and even the Philippines, are liable to the United Nations Security Council if dual-purpose goods reach…
Maersk holds all North Europe-Asia cargo bookings
Maersk Line, the world’s biggest container shipper, has ceased all bookings on its North Europe-to-Asia lanes amid a backlog of shipments that has European…
FedEx reports strong Q3 earnings
FedEx Corp. reported a net income of US$521 million for the third quarter of its fiscal year ended February 29, 2012, up 126 percent…
CMA CGM to apply rate hikes, surcharges from April
Marseilles-based shipping giant CMA CGM announced on March 21 its new rate restoration program. The world’s third largest container shipping group will implement general…
‘K’ Line bolsters intra-Asia service with additional China calls
Japanese shipping line Kawasaki Kisen Kaisha (“K” Line) said on March 23 it will add two new China calls on its intra-Asia services JABCO-1…
AAHK welcomes government approval of 3-runway system for HKIA
Airport Authority Hong Kong (AAHK) said on March 20 it welcomed the Hong Kong government’s approval of the three-runway option as the future development…
