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Monthly Archives: December, 2011

Carrier partnerships on Asia-Europe trades could ring in a ‘disastrous’ 2012

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The recent formation of alliances on the Asia-Europe lanes can intensify competition, prolong the rate wars, and bring about a disastrous 2012 for box...

NOL chairman Cheng Wai Keung to retire

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NOL Group, the parent company of container line APL, announced on December 29 that its chairman, Cheng Wai Keung, will retire after its annual general...

COSCON, CSCL increase cooperation on Asia-Europe and Mediterranean trades

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COSCO Container Lines (COSCON), the shipping line of China COSCO Holdings, will expand its space swap with China Shipping Container Lines (CSCL) on the...

Improved liner business predicted next year

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International carriers operating in the Philippines forecast a slightly better business climate for 2012 compared to this year. “We believe international shipping will significantly pick...

Pilotage fee compromise deal struck at Mindanao port

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The Philippine Liner Shipping Association (PLSA) and the United Harbor Pilots Association of the Philippines (UHPAP) have agreed on a compromise deal that will...

Hanjin orders for 2012 hit $4.9B

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Hanjin Heavy Industries and Construction-Philippines (HHIC-P) has booked $4.9 billion in new ship orders for 2012. According to the Subic Bay Metropolitan Authority (SBMA), HHIC-P...

More seats for Manila-KL run

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The Civil Aeronautics Board (CAB) has awarded additional seat entitlements for the Manila-Kuala Lumpur route to three budget carriers. Approved were the respective petitions of...

CKYH strikes deal with Evergreen Line to hike Asia-Europe sailings

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CKYH-the Green Alliance announced it has forged an agreement with Taiwan’s Evergreen Line to increase sailing frequency, improve transit time and widen port coverage...

Indonesian ship owners call for freight tax cut

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The Indonesian National Shipowners Association (INSA) is seeking the abolition of the government’s 10 percent value-added tax (VAT) on freight delivered by local carriers. INSA...

Shipping confidence up despite overtonnage, eurozone fears—survey

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Ship owners, managers and charterers expressed a small increase in industry confidence and in optimism about making major new investments in the next 12...
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