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Monthly Archives: September, 2012

Indonesia on track for robust growth, says IMF

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Indonesia is projected to post an economic growth of 6 percent this year and 6.3 percent next year, with its healthy economy able to...

MSC adds direct call to NZ’s Timaru port

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Mediterranean Shipping Company (MSC) announced the introduction next month of a new service to the PrimePort of Timaru in New Zealand, the news coming...

Agility picks new Asia-Pacific, Europe bosses

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Switzerland-based logistics provider Agility named 28-year company veteran Chris Price as chief executive officer for its Asia-Pacific operations, and 11-year company veteran Mike Bible...

Ocean carriers’ operating costs on the rise

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Annual operating costs for the container shipping industry rose in 2011 compared to the preceding year, propelled largely by greater crew spending, according to...

Rickmers-Linie transports LPG storage tanks from Malaysia to Kuwait

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Rickmers-Linie’s 19,100dwt Baltic Winter recently completed the transportation of three LPG storage tanks, each weighing 475 tons, from Kuantan in Malaysia to Shuaiba in...

Asia-US carriers affirm rate adjustments

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Oakland, CA– Container lines serving the Asia-U.S. trade lane reaffirmed their commitment to reversing 2011 and 2012 losses, and to raising the baseline for...

Cebu Pacific tops 2007-11 air cargo throughput

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Philippine budget carrier Cebu Pacific (CEB) dominated the local air cargo industry four out of five times in the period covering 2007-2011, according to...

Tanker industry in PH riding high

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The Philippine tanker industry continues to show healthy volume and revenue growth, thanks to high demand for oil products. “The local tanker industry has no...

PH travel agents join calls to scrap aviation taxes

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The Philippine Travel Agencies Association (PTAA) has asked government to scrap taxes levied on international carriers to sustain the momentum the airline industry has...

PH supply chain managers keep rates steady until yearend

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Supply chain managers in the Philippines have shelved any rate adjustments in the services they provide despite continuing rise in operational expenses. “There would be...
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