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Archive for October, 2011

APL advisory: branch offices in Thailand remain open

APL advisory: branch offices in Thailand remain open

Oct. 31 | APL, the container shipping unit of the NOL Group, released a customer advisory that, with the heavy flooding in Thailand, acceptance of inbound cargo at Klong Toey Port in Bangkok has been temporarily suspended by the Port Authority of Thailand. All...

MOL revises performance forecast for FY2011

MOL revises performance forecast for FY2011

Oct. 31 | Japanese ocean carrier Mitsui O.S.K. Lines (MOL) today revised downward its consolidated business outlook for fiscal year 2011 that was issued on July 29, 2011. MOL, the second largest Japanese shipping company by group revenue, has downgraded its revenue...

Asia-Pacific air cargo volume drops 6.5% in September

Asia-Pacific air cargo volume drops 6.5% in September

Oct. 29 | Asia-Pacific’s international air freight markets continued to soften in September 2011, according to traffic figures released 27 October by the Association of Asia Pacific Airlines (AAPA). Amid a trade slowdown, Asia-Pacific international air cargo...

MCC makes contingency plans for Thailand floodings

MCC makes contingency plans for Thailand floodings

Oct. 28 | MCC Transport, the intra-Asia container carrier of A.P. Moller-Maersk Group, released a series of statements on 27 October 2011 concerning the massive flooding in Thailand that continues to paralyze operations in many parts of the country. Among the updates: 1....

CSAV suspends Asia-Caribbean sling 2 for winter

CSAV suspends Asia-Caribbean sling 2 for winter

Oct. 28 | Compañía Sud Americana de Vapores (CSAV) announced the suspension of its Joint Caribbean Service Sling 2 (JCS2) from the Far East to the Caribbean as part of its Winter Capacity Program. The Chilean shipping company said in a media statement on October...

PH port agency orders installation of more weighbridges

PH port agency orders installation of more weighbridges

Oct. 27 | Philippine cargo-handling operators will have to install more weighbridges if the daily volume of containers and roll on-roll vehicles they service goes beyond the limit determined by the Philippine Ports Authority. The Philippine Ports Authority (PPA)...

Common carrier tax stays, rules PH finance agency

Common carrier tax stays, rules PH finance agency

Oct. 27 | Wrangling over the issue of the common carriers tax has resulted in the pullout of Air France-KLM's direct Manila-Amsterdam service. The common carriers tax and Philippine billings tax will continue to be levied on international airlines, according...

Asia-Pacific is world’s driver of growth

Asia-Pacific is world’s driver of growth

Oct. 27 | Economist Dennis Arroyo at the recent PortCalls Cargo Economics Conference Asian countries are likely to weather the global economic downturn while the rest of the world will remain in the danger zone, according to a Philippine economist. Speaking at...

PH customs to drop GPS project; RFID pushed instead

PH customs to drop GPS project; RFID pushed instead

Oct. 27 | Philippine freeport and economic zone locators, notably in Clark and Subic, are against the exclusive use of GPS-equipped barrier seals on containers due to cost concerns. The Philippine Bureau of Customs (BOC) will likely drop plans to equip containers...

UPS cuts Asia air capacity on slow exports to the U.S.

UPS cuts Asia air capacity on slow exports to the U.S.

Oct. 26 | United Parcel Service (UPS) reduced its air capacity from Asia in the third quarter of 2011 amid a significant demand downturn from the U.S., but added it can bring capacity back again should demand suddenly rise during the holidays. The most dramatic...
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