Hamburg-based Hapag-Lloyd released a series of announcements on its upcoming rate increases on the East Asia trade lanes as part of its rate recovery…
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HKIA cargo traffic up in February
Cargo traffic at the Hong Kong International Airport (HKIA) recorded a double-digit growth in February 2012, but airport authorities admitted this was partly due…
APMT opens Hong Kong office to expand Asia presence
Global port operator APM Terminals (APMT) has opened a Hong Kong office to further expand its partnerships with Asia-based customers when making global network…
UPS, TNT in ‘constructive discussions’
Atlanta-based United Parcel Service (UPS) said it remains in “constructive discussions” with The Netherlands’ TNT Express concerning the U.S. firm’s plans for the takeover…
CEVA launches 3 LCL lanes from Asia to Australia
The Netherlands-based logistics giant CEVA Logistics has launched three less-than-container load (LCL) lanes into Australia. The latest additions to CEVA’s global ocean freight services…
Greencarrier Freight Services to cooperate with Ekol Logistics
Greencarrier Freight Services has signed a cooperation agreement with Turkey’s leading logistics company, Ekol Logistics. The agreement covers Sweden, the Baltic states and Turkey,…
ICTSI to operate Nigeria container terminal
Singapore – Lekki Port LFTZ Enterprise (LPLE) and International Container Terminal Services, Inc. (ICTSI) have signed a memorandum of understanding (MoU) for the operation…
Surigao port leads in 2011 PH cargo throughput
The Port of Surigao in the island grouping of Mindanao was the Philippines’ top port in terms of cargo throughput for 2011, according to…
Schenker PH sets 2011 capex
DB Schenker Philippines is setting aside 1 million euros (P60 million) in capital expenditures this year to install a new information technology system, and…
PH gov’t, Takenaka ink deal for NAIA Terminal 3
The Philippine Department of Transportation and Communications (DOTC) finally sealed a deal with Ninoy Aquino International Airport Terminal 3 (NAIA T3) contractor Takenaka Corp,…
Construction contract for MICT Berth 6 extended
Philippine-based International Container Terminal Services, Inc (ICTSI) has extended up to end of the year the contract of joint venture partners Hanjin Heavy Industries…
Fairmount Alpine in escort service
Rotterdam — Tug Fairmount Alpine has performed escort services for a bulk carrier on request of international salvage company Smit Salvage. The bulker suffered…
World maritime leaders give forecast at Asia Pacific Maritime 2012
Singapore – In a year fraught with mounting challenges for the shipping industry, Asia’s maritime community has come together in Singapore as it hosts…
TSA lines recommend additional April 15 rate adjustment
Oakland, CA – Following on a previously announced March 15 $300 general rate increase (GRI) which they expect to be widely applied, 15 member…
Foreign transshipment cargoes in PH slapped with 21% higher bunker surcharge
After their recent announcement on higher bunker surcharge (BSC) for local cargoes, member lines of the Philippine Liner Shipping Association (PLSA) said they are…
Battles Vs Rising Costs
With the onslaught of rising oil prices business mood appears to be resigned, like ‘there’s nothing we can do ‘. The rise in global…
Most PH Customs collection districts see red
All five key collection districts of the Philippine Bureau of Customs (BOC) failed to meet their revenue targets in February, with four of the…
P500M screening systems to beef up PH airport security
The Philippine Department of Transportation and Communications (DOTC) will procure additional airport security devices worth about P500 million for installation in 45 of the…
Mindanao container terminal posts 4% rise in Jan volume
Mindanao Container Terminal (MCT) in southern Philippines posted a 4% increase in its January volume to 16,162 twenty-foot equivalent units (TEUs) from 15,412 TEUs…
PH exporters renew calls for lower domestic shipping costs, port charges
The Philippine Export Development Council (EDC) together with the National Competitiveness Council (NCC) is re-launching its advocacy calling for lower shipping costs. At the…