Tuesday, September 21, 2021

Monthly Archives: March, 2012

Multipurpose shipping market share getting bigger, says Drewry

Last year (2011) saw the multipurpose (MPV) fleet recover some of the optimism seen prior to 2007. Rates have started to firm again and...

13 freight forwarders slapped with $225-M fine for price-fixing

The European Commission fined 13 major logistics companies a total of EUR169 million (US$225 million) for participating in four distinct cartels from 2002 to...

Hapag-Lloyd to impose freight rate hike on Far East-Europe corridor in May

Germany’s Hapag-Lloyd announced a rate increase of US$400 per 20-foot equivalent unit (TEU) on the Far East westbound trade effective May 1. The Hamburg-based ocean...

Vietnam shipping sector facing bleak future?

Vietnamese shipping lines have been losing out to international rivals in recent years, and the industry will remain in distress this year and the...

Changi Airport unveils $12-M cargo incentive package

Singapore’s Changi Airport Group (CAG) has laid down a nearly US$12-million (SGD15 million) cargo incentive package to lift airfreight traffic. The package, part of its...

PH truckers seek stop to apprehension of trailers with white plates

The Confederation of Truckers Association of the Philippines (CTAP) is seeking indefinite moratorium on the apprehension of trailers or chassis sporting white plates. Such apprehensions...

Cebu 2011 cargo throughput up 5.4%

Philippine ports under the Cebu Port Authority (CPA) registered a throughput of 25.365 million metric tons (mmt) in 2011, up 5.4% from 24.056 mmt...

LBC is PH’s top domestic airfreight forwarder

LBC Express, Inc was the Philippines’ leading domestic airfreight forwarder in 2011, based on latest statistics from the Civil Aeronautics Board (CAB). LBC Express accounted...

Maersk CEO goes on extended sick leave

A.P. Moller-Maersk, the Danish shipping and energy conglomerate, said CEO Nils Smedegaard Andersen has extended his sick leave for six to eight weeks more,...

APM Terminals cuts work-related injuries 21%

APM Terminals (APMT) in its 2011 Sustainability Report said it continues to improve its sustainability performance throughout the company’s global port, terminal, and inland...
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