The government of Indonesia has canceled a plan to build a new container terminal at the Port of Tanjung Priok in North Kalibaru, citing…
Indonesia nixes Tanjung Priok port expansion plan
The Latest
Hapag-Lloyd’s new weekly service to enhance Asia-C. America connection
Hapag-Lloyd will start offering a new weekly service between California and Central America West Coast, replacing its current MXC. The new CCE (California-Central America…
TNT Express introduces special service for temperature-sensitive pharmaceuticals
Freight forwarder TNT Express has launched PharmaSafe, a specialized temperature-controlled service for transporting large quantities of pharmaceutical products, such as vaccines and insulin. PharmaSafe…
CMA CGM announces rate hikes on several markets
French ocean carrier CMA CGM announced a series of general rate increases (GRIs) on various trade routes as part of its revenue restoration program.…
NetFreight gets biggest-ever upgrade
NetFreight – the browser-based multi-modal freight management system from Impatex – has just undergone its largest-ever upgrade, embodying many new and enhanced features.…
Maersk Line leads fuel switch at the Port of Virginia
Maersk Line will switch to low-sulfur fuel while at berth for all of its containerships calling the Port of Virginia starting in February. This…
Hapag-Lloyd says Far East rates to go up by March
Hapag-Lloyd announced it will increase its rates on the Far East westbound trade by US$750 per 20-foot equivalent unit. Effective March 1, 2012, the new…
AAPA: Weaker global trade deflates 2011 Asia-Pacific air freight volume
International air freight markets weakened for the full calendar year 2011 following a strong rebound in the preceding year, the latest traffic figures from…
Panalpina adds 6 direct intra-Asia LCL services
Freight forwarder Panalpina has launched six new direct less-than-container load (LCL) services on the intra-Asia trade through its in-house carrier Pantainer Express Line. The…
PH tanker operators eye volume growth this year
PHILIPPINE tanker operators expect revenue and volume growth this year despite soaring oil prices and economic uncertainty. Rates are also seen to hold steady.…
JG Summit keen on undertaking airport projects
JG Summit Holdings is eyeing at least four Philippine airport development projects under the government’s Public-Private Partnership program. The Philippine publicly listed company, which…
Mindanao’s ‘container highway’ to get P100M this year
The Philippine Department of Public Works and Highways (DPWH) is allotting P100 million this year to continue construction of the “container highway” connecting the…
Thailand faces crises and opportunities with AEC launch
Thailand should brace for the changes that the launch of the Association of Southeast Asian Nations (ASEAN) connectivity plan will bring so the country…
Damco hires top executives to drive North Asia growth
Global freight forwarder Damco, part of the A.P. Moller-Maersk Group, announced the appointments of two key senior executives to lead the company’s drive for…
Mindanao terminal container throughput up 17% in 2011
Mindanao Container Terminal (MCT) in southern Philippines handled 210,507 twenty-foot equivalent units in 2011, 16.9% more than the previous year’s 180,000 TEUs and slightly…
More private investments in PH port, maritime sector urged
The Philippine government expects to generate more private sector investments for the port and maritime sector to underpin robust trade. Department of Transportation and…
PH private sector seeks government help for 24/7 operations in air, seaports
Philippine private sector representatives in the National Competitiveness Council (NCC) reiterated the need for urgent government intervention to facilitate the implementation of 24/7 operations…
MOL ends Philippine feeder slot deal with OOCL
Mitsui O.S.K. Lines (MOL) is to cease in February its slot charter arrangement with Orient Overseas Container Line’s (OOCL) weekly Philippine feeder service PHF2…
Clark exports hit $2B in 2011
Exports out of Clark freeport zone, north of Manila, reached the $2-billion mark last year, three years earlier than projected. Clark-based enterprises shipped $2.258…
COSCO revises FAF on Far East-Middle East cargo
COSCO Container Lines announced it will institute a fuel adjustment factor (FAF) on the Far East to the Red Sea, Gulf and India Sub-Continent…
