Home » Archive for April, 2017

Archive for April, 2017

CMA CGM and Adani Ports create JV to run Mundra Port’s new box dock

CMA CGM and Adani Ports create JV to run Mundra Port’s new box dock

Apr. 28 | CMA Terminals, a subsidiary of French shipping group CMA CGM, and Indian port developer Adani Ports and Special Economic Zone (APSEZ) have signed a joint venture agreement to operate a new container terminal, the CT4, at Mundra Port in Mundra, Kutch district,...

Customs agencies urged to intensify  IPR protection at borders

Customs agencies urged to intensify IPR protection at borders

Apr. 28 | The World Customs Organization (WCO) reiterated the important role customs administrations play in the global fight against counterfeiting and piracy and the protection of intellectual property rights (IPR) at borders. The WCO issued the reminder on April...

UPS reports earnings growth of 3.9% in Q1

UPS reports earnings growth of 3.9% in Q1

Apr. 28 | Atlanta-based supply chain giant United Parcel Service (UPS) announced improved earnings per share of US$1.32 in the first quarter of 2017, up by 3.9% versus the same period in 2016, with healthy revenue growth across all three segments. The improved...

IATA survey shows airline industry ‘very positive’ about demand outlook

IATA survey shows airline industry ‘very positive’ about demand outlook

Apr. 28 | Airline industry heads remain upbeat about demand prospects for the year ahead, as cargo and passenger volumes continue to expand, according to the results of a new survey by the International Air Transport Association (IATA). Airline CFOs and heads of...

BOC runs after New San Jose Builders for tax debts

BOC runs after New San Jose Builders for tax debts

Apr. 27 | New San Jose Builders was contracted by the Iglesia ni Cristo to build the Philippine Arena. Photo from Philippine Arena Facebook page. The Philippine Bureau of Customs (BOC) has initiated a complaint against real estate developer New San Jose Builders...

Misdeclared backhoe, forklift seized at Manila port

Misdeclared backhoe, forklift seized at Manila port

Apr. 27 | The Philippine Bureau of Customs (BOC) seized on April 24 a 40-foot container at the Port of Manila after X-ray machines revealed a backhoe and forklift misdeclared as carbon wire. A BOC statement said the items arrived from China on April 17. The owner...

PPA: Sufficient Manila ports capacity during ASEAN meet

PPA: Sufficient Manila ports capacity during ASEAN meet

Apr. 27 | The Philippine Ports Authority urged cargo owners to maximize their import deliveries during the ASEAN summit to reduce the commercial impact of stringent security procedures on daily operations. Photo courtesy of Manila South Harbor operator Asian Terminals...

HK’s exports value in March improves 16.9%

HK’s exports value in March improves 16.9%

Apr. 27 | The value of Hong Kong’s total goods exports rose 16.9% year-on-year in March, while that of goods imports increased 13%, the Census & Statistics Department announced. The value of goods exports totalled HKD321.9 billion (US$41.3 billion). Of...

Evergreen’s new KTP service makes maiden call at Subic

Evergreen’s new KTP service makes maiden call at Subic

Apr. 26 | At the presentation of Evergreen Marine’s Cape Fulmar maiden call certificate in Subic port (from left): Eduardo Sales, Evergreen Deputy Junior Vice President; Glenn A. Juezan,Cape Fulmar Chief Officer; Captain Dennis A. Manala, Cape Fulmar Vessel...

First Jakarta-LA direct sea cargo route launched

First Jakarta-LA direct sea cargo route launched

Apr. 26 | Indonesia’s main sea hub Tanjung Priok Port in North Jakarta has officially opened the first direct cargo route connecting Jakarta and Los Angeles in the U.S., as the country sets in motion plans to transform the port into a more competitive global...
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