Home » Archive for October, 2012
Archive for October, 2012
Hapag-Lloyd adds vessel to Asia-Mexico service
Oct. 31 | Hapag-Lloyd announced the addition of a seventh vessel to the Asia-Mexico Express Service Loop 1 (AME1) schedule. “The additional vessel will be helping us to improve the schedule performance of the service and will also help us increase the service...
Asia-US lines to hike dry, reefer cargo rates
Oct. 31 | To establish a more compensatory rate baseline for contracts that will be in effect through mid-2014, member carriers in the Transpacific Stabilization Agreement (TSA) are recommending a dry cargo general rate increase (GRI) of US$400 per 40-foot container...
Proposed PH Maritime Code faces refiling in next Congress
Oct. 31 | The proposed Maritime Code of the Philippines will likely miss congressional approval, a victim of low priority in a Congress more pre-occupied with the mid-term elections in May 2013. According to lawyer Jay Batongbacal, a member of the core group/technical...
PH customs, internal revenue agencies post collection surplus in Subic
Oct. 31 | The Philippine Bureau of Customs (BOC) and Bureau of Internal Revenue (BIR) reported a surplus in collection at the Subic Bay Freeport Zone in September. The Subic Bay Metropolitan Authority said the two agencies posted a combined surplus of P95.34 million...
PHILEXPORT celebrates 20 years
Oct. 31 | Twenty years ago this month, leaders of two distinct and independent organizations of exporters came together and decided to unify into one umbrella organization. It was a bold move by mostly small exporters to pursue a common dream, that of moving as...
IT Project Implementations – Last Quarter 2012
Oct. 31 | Following the failed bidding for the P440-million National Single Window (NSW) Phase 2 project, I thought it might be worthwhile checking if there were other IT projects in the Bureau of Customs and Philippine Ports Authority, considering we only have...
Central Asia ministers agree on $23-B regional linkage plan
Oct. 31 | Ministers of the 10 Central Asia Regional Economic Cooperation (CAREC) Program nations agreed to implement more than $23 billion in new regional transport infrastructure projects, together with energy and trade initiatives, to create seamless connectivity...
TNT Express income slides 12% in Q3
Oct. 31 | TNT Express released third quarter results for the year showing revenue of EUR1.81 billion (US$2.35 billion), up 2.1 percent from the same period last year, but down 1.9 percent to EUR1.74 billion after adjusting results to constant exchange rates. The...
Zim adjusts Asia-South America service for winter
Oct. 31 | Zim Integrated Shipping announced changes to its Asia-South America service from November as part of its winter program. The Israel-based box ship said that during the winter season, its Asia-South America East Coast (ASE) service, a joint venture with...
