AAPA: Asia-Pacific carriers face challenging second half of 2012

Jun. 29 | The recovery of the air cargo market continues to falter, strongly hindered by the euro zone crisis, traffic figures for May 2012 show. The Association of Asia Pacific Airlines (AAPA) said the persistent weakness in global air cargo markets was reflected...

APMT planning Singapore regional headquarters to grow SEA market

Jun. 29 | APM Terminals (APMT) announced it will open this year a new regional headquarters in Singapore that will serve Southeast Asia and the Indian Subcontinent as part of its plan to expand its Asia-Pacific presence. The Denmark-based global port operator said...

Shipping confidence rises for fourth successive quarter

Jun. 29 | Overall confidence levels in the shipping industry increased in the three months ended May 2012, to reach their highest level since February 2011, according to the latest shipping confidence survey by Moore Stephens. This is the fourth successive quarter...

Berth 6 in Manila terminal inaugurated; Berth 7 in the works

Jun. 28 | Berth 6 at the Manila International Container Terminal (MICT) will fully open to commercial operations on Thursday (July 7) after the facility’s inauguration last week by President Benigno Aquino III. Port operator International Container Terminal Services,...

Indonesia’s Tanjung Priok port all set for e-clearance

Jun. 28 | Indonesia Port Corporation, formerly Pelindo II, announced it signed an agreement with seven government agencies at the Port of Tanjung Priok in north Jakarta implementing an electronic port clearance system supporting the Indonesia National Single Window...

Kerry Logistics expands automotive warehouse in Thailand

Jun. 28 | Hong Kong-based Kerry Logistics, a global logistics service provider, has completed the expansion of its automotive facility at the Kerry Logistics Centre Laem Chabang (KLCLC) in Thailand. The additional warehouse space measuring 2,968 square meters has...

China’s Zhanjiang port eyes trade with ASEAN

Jun. 28 | The Port of Zhanjiang in Guangdong Province, one of the major ports in southern China, is launching two new shipping lines to the Association of Southeast Asian Nations region to serve the country’s growing trade with the ASEAN bloc, local media...

Hong Kong airport posts revenue, profit highs

Jun. 28 | AAHK Chief Executive Officer Stanley Hui Hon-chung Hong Kong International Airport (HKIA) set new records for both revenue and profit in the financial year ended March 31, 2012. Revenue rose 14.8 percent to HK$12.1 billion (US$1.5 billion), while profit...

PH study urges investments in road, port infrastructure

Jun. 27 | A study conducted by a Philippine government think tank strongly encourages government investment in road and port infrastructure to help lower transport and trade costs in the country. Entitled “Inter-regional Trade of High Value Fruits and Vegetables:...

Transport agreements still to be ratified by ASEAN

Jun. 27 | The Association of Southeast Asian Nations (ASEAN), including the Philippines, has yet to ratify protocols and agreements relating to the liberalization of transportation services. This agreement will impact on implementation of the commitment to facilitate...