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Archive for March, 2012

Asia-Pacific air cargo traffic posts growth

Asia-Pacific air cargo traffic posts growth

Mar. 28 | International air cargo demand for February 2012 grew by 7.8 percent compared to the softer freight market conditions last year when the Chinese New Year holidays fell in February, according to traffic results released by the Association of Asia Pacific...

MOL beefs up Asia-South Africa service

MOL beefs up Asia-South Africa service

Mar. 28 | Mitsui O.S.K. Lines (MOL) announced on March 27 two enhancements to its Asia-South Africa network that it said will widen its port coverage. From April 8, 2012, the Japanese ocean carrier will join the existing Asia and South Africa Service (ASA) linking...

Kuehne + Nagel unveils airfreight solution for pharma cargo

Kuehne + Nagel unveils airfreight solution for pharma cargo

Mar. 28 | Global logistics firm Kuehne + Nagel has rolled out KN PharmaChain, a product tailored to the specific needs of the pharmaceutical and health-care industry. KN PharmaChain offers door-to-door temperature control, a 24-hour alert system, optional wireless...

Deals sealed at Asia Pacific Maritime 2012

Deals sealed at Asia Pacific Maritime 2012

Mar. 27 | Singapore – Asia Pacific Maritime (APM) 2012 recently ended with several maritime deals sealed during the three-day exhibition and conference in Singapore. Singapore-based GK Offshore sealed a US$70-million metal fabrication project deal with Profax...

Hactl restructures management team

Hactl restructures management team

Mar. 27 | Hactl’s new senior management, from left: Kenneth Bell, Lilian Chan, Mark Whitehead, Tan Chee Hong, Cecilia Cheung, Eugenia Ma, Kenneth Chan Hong Kong — Hong Kong Air Cargo Terminals Limited (Hactl), Hong Kong’s air cargo handler, has restructured...

Rickmers-Linie appoints new representatives in France, Bangladesh and Sri Lanka

Rickmers-Linie appoints new representatives in France, Bangladesh and Sri Lanka

Mar. 27 | Rickmers-Linie, the Hamburg based operator of heavy lift and project liner services, is now actively serving Bangladesh and Sri Lanka with direct calls in Chittagong and Colombo respectively. It has appointed new agents in these two countries. In addition,...

ICTSI wins international award for bond deal

ICTSI wins international award for bond deal

Mar. 27 | ICTSI’s issuance of the US$200-million perpetual corporate hybrid bond in April 2011 won as the Philippine Capital Markets Deal of the Year from IFR Asia, Philippine Deal of the Year from Alpha Southeast Asia, and Best Deal of the Year from The Asset....

PPA Hearings

PPA Hearings

Mar. 27 | Despite our hopeless feeling in attending the two Philippine Ports Authority (PPA) hearings last March 20, 2012, we still went ahead and attended. The hearings were about petitions of the cargo handling operators at the Manila ports: First Hearing –...

PH haulers push higher truck overload tolerance

PH haulers push higher truck overload tolerance

Mar. 27 | The Confederation of Truckers Association of the Philippines (CTAP) is asking the Department of Public Works and Highways (DPWH) to reconsider its approved tolerance limit for weight of trucks relative to the implementation of Republic Act 8794 or the...

Cebu Pacific flies to 3 new international destinations

Cebu Pacific flies to 3 new international destinations

Mar. 27 | Philippine budget airline Cebu Pacific (CEB) recently launched three international flights — from Manila to Hanoi, Kalibo-Hong Kong and Manila-Xiamen and vice versa. “In the past two to three years, relations of the two countries have seen...