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Monthly Archives: August, 2011

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...
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