Following a two-month postponement, the Transpacific Stabilization Agreement (TSA) is set to impose peak season surcharges from August 15. The TSA said there are…
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Hutchison says mega box ships a boon to port operations
Hutchinson Port Holdings said the trend among leading carriers to build larger container ships is a positive development for port businesses. The Singapore-listed global…
CSAV, CMA CGM launch joint Asia-West Africa weekly service
Recognizing the burgeoning trade between Asia and West Africa, CMA CGM and CSAV have struck a new vessel-sharing pact to manage an Asia-West Africa…
Port of Jawaharlal Nehru disputes lack of planning, consultation in terminal upgrades
The Port of Jawaharlal Nehru (Nhava Sheva) in India denied media reports that crane installation at the port-run terminal was carried out without proper…
Near-record Arctic ice melt opens Europe-Asia shipping routes
An almost record-breaking rate of Arctic ice melt has opened shipping lanes for cargo traffic between Europe and Asia, Russia’s environmental agency has reported.…
Evergreen and MOL in slot-charter deal linking Asia and southeast Africa
Evergreen Line has announced a slot-charter agreement with Mitsui O.S.K. Lines (MOL) that will link Asia to southeast Africa. The weekly service, called MZX…
Global container terminals post “healthy growth” in 2010 – Drewry report
After the economic downturn in 2009, almost all of the global container terminal operators saw a return to healthy growth in 2010, according to…
Foreign air carriers in PH raise howl over BIR regulation
FOREIGN airlines are against a tax regulation which they say puts them at a disadvantage to Philippine-flagged international airlines. The Board of Airline Representatives…
PH May imports up 1.6%
PHILIPPINE imports in May grew 1.6% to $4.888 billion from $4.812 billion year on year, according to latest data from the National Statistics Office.…
ICTSI to take over Subic’s second container terminal
THE Subic Bay Metropolitan Authority (SBMA) and port operator International Container Terminal Services, Inc (ICTSI) finally signed the contract to operate Subic’s New Container…
Customs pushes graduated fees for use of GPS seals
THE Philippine Bureau of Customs (BOC) is proposing graduated fees for the use of global positioning system-equipped seals. The fee is the only hurdle…
MSC, Zim apply peak season surcharges on Asia services
Two major shipping lines have announced peak season surcharges on cargo moving from the Far East, after delaying the scheduled imposition due to an…
Shippers avoid Port of Jawaharlal Nehru as congestion intensifies
More shippers continue to steer clear of the Port of Jawaharlal Nehru (Nhava Sheva), as the congestion that has been plaguing the largest container…
International airlines protest ‘discriminatory’ Philippine common carrier tax
The Philippines’ revised common carriers tax policy, issued on July 20, 2011, faces strong opposition from foreign airlines operating in the country, claiming it…
GAC raises marketing presence in Europe
GAC has appointed two marketing managers to its shipping marketing team in Europe as part of efforts to strengthen its market presence in the…
CSAV and CMA CGM collaborate on Asia-West Africa lane
Compañía Sud Americana de Vapores (CSAV) and CMA CGM Group announced July 28 a new vessel sharing agreement to jointly operate the trade between…
OOCL tops survey on best schedule tools
Orient Overseas Container Line (OOCL) said it has been ranked the best in the industry in online schedule tools, according to results of a…
Evergreen Line introduces Kaohsiung-Cebu feeder route
Evergreen Line has announced the launch in late July of a new feeder service between Kaohsiung and Cebu. The Kaohsiung-Cebu Service (KCS) deployed a…
Stalled relocation North Harbor project
THE decision of the Office of the Philippine President (OP) to defer relocation of informal settlers in various parts of Metro Manila will affect…
South Korea to invest $39 billion in port upgrades
The South Korean government has announced plans to invest 41 trillion won (US$38.9 billion) through 2020 to expand port infrastructure, news reports said. The…
