Supply chain solutions provider Panalpina has launched three direct less-than-container load (LCL) services through its in-house carrier Pantainer Express Line. The new guaranteed weekly…
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Customs officials meet on supply chain challenges to ASEAN Single Window
Thirty trade and customs officials as well as business leaders from the Association of Southeast Asian Nations recently gathered in Singapore to discuss strategies…
Asia-Pacific logistics industry on track for double-digit growth
The transport and logistics services in Asia-Pacific are forecast to log double-digit increases over the next three years as a result of the rapid…
World’s premier manning event returns to Manila
The world’s premiere crewing conference, the 12th Asia Pacific Manning and Training Conference, will return to Manila, the manning capital of the world, to…
Defer Manila ports expansion for Subic, Batangas to grow, Subic exec tells gov’t
SUBIC Bay Metropolitan Authority (SBMA) will seek a deferment of Manila ports’ expansion plans to give Subic and Batangas ports, north and south of…
Hanjin on a $1B expansion program
THE Philippines’ largest shipyard operator Hanjin Heavy Industries-Philippines (HHIP) has reserved an additional 150 hectares of land in Subic for a $1-billion expansion program…
Batangas, non-containerized operations drag ATI income
SLUGGISH performance of non-containerized operations and of Batangas Port clipped Asian Terminals, Inc’s (ATI) first-half net income by 14.2% to P782.2 million from P912.1…
Singapore container traffic grows 4.7 percent
The Port of Singapore’s container traffic went up 4.7 percent in July 2011 to 2.6 million 20-foot equivalent units (TEUs) from the same period…
Philippine Airlines books $10M loss in first quarter of fiscal year
PHILIPPINE Airlines (PAL) posted a $10-million loss in the first quarter of its fiscal year due to high fuel cost and political unrest in…
MICT rolls out RFID-based gate, yard automation project
INTERNATIONAL Container Terminal Services, Inc (ICTSI) recently implemented a new automation system at the Manila International Container Terminal (MICT) and its Suape Container Terminal…
Hanjin posts operating loss of $254 million for Q2 of 2011
Hanjin Shipping has announced an operating loss for the second quarter of 2011 of US$254 million from a net profit of $191.04 million a…
Maersk Line makes first call at new Cai Mep Terminal in Vietnam
On August 16, the Grete Maersk became the first Maersk Line ship to call at the newly opened Cai Mep International Terminal (CMIT) in…
Maersk makes modest revenue hike as container shipping profit nosedives
A.P. Moller-Maersk reported a single-digit increase in total revenue for the first half of the year, as profits from its container shipping division thin…
Shipowners’ Club fortifies its Singapore office for Asia-Pacific expansion
The Shipowners’ Club, a London-based mutual shipping insurer for smaller and more specialized vessels, is investing more resources in Singapore to boost its expansion…
Airlines offer US$3.4-million settlement to drop cargo price-fixing charges
Four air carriers have agreed to settle with Canada-based plaintiffs who have slapped price-fixing lawsuits against them in Quebec, Ontario, and British Columbia, The…
Plus Three’s foreign direct investment in ASEAN climbs 62%
Total foreign direct investment (FDI) flow into the Association of Southeast Asian Nations (ASEAN) from China, Japan and Korea—collectively called the Plus Three Countries—rose…
Cebu Pacific cargo revenue down 3.7% in H1
The net income of Philippine budget carrier Cebu Pacific (CEB) dropped 22.9% to P2.440 billion in the first six months of the year from…
Safmarine picks Ben Line for Far East MPV business
SAFMARINE recently appointed Ben Line Agencies to represent its Multi Purpose Vessel Services (MPV) business in Asia. “Ben Line Agencies are well known in…
Philippine port operator eyes P3B for local, overseas expansion
THE Romero group of the Philippines, which owns private port operator Harbour Centre Port Terminals, Inc (HCPTI), is eyeing to raise about P3 billion…
Philippine customs’ x-ray unit eyes more seizures until yearend
THE Philippine Bureau of Customs (BOC) is relying on its x-ray inspection project (XIP) to help deter smuggling as well as increase revenue collections.…
