Wednesday, January 20, 2021

Monthly Archives: November, 2012

Drewry: Bleak prospects await global shipbuilders from 2013

The world’s shipbuilders are facing bleak prospects in the next couple of years as a result of the slump in the shipping market, and...

UPS, TNT Express submit offer of remedies to EC

United Parcel Service and TNT Express today said they have submitted the offer of remedies that is one of the requirements for obtaining competition...

Slack world demand hitting Asian airlines hardest

Asia-Pacific carriers are the most affected by the continued decline in global airfreight traffic as demand for Asian exports kept its downward trajectory in...

Zim rallies with $16-M net profit in Q3

Israel-based Zim Integrated Shipping Services rebounded from a US$66 million net loss in the third quarter of 2011 with a net profit of $16...

Globalization today lower than pre-crisis peak, says DHL study

Despite modest gains since 2009, global connectedness has yet to recapture its pre-crisis peak, the slowdown in globalization a detriment to economic growth, according...

New law prioritizes Vietnam shipping lines for local routes

As the new law temporarily barring foreign ships from operating on local routes nears enforcement, doubts have sprung about the capability of Vietnam's domestic...

Revenue, profit growth for HKIA in first half

Hong Kong International Airport (HKIA) saw revenue rise 8 percent to HK$6.4 billion (US$825 million) and profit by 13.1 percent to HK$2.75 billion in...

Carriers file with FMC for single transpacific agreement

The members of the Transpacific Stabilization Agreement (TSA) have filed an amendment with the U.S. Federal Maritime Commission (FMC) that would expand TSA’s scope...

TSA lines simplify fuel surcharge structure

Beginning January 1, 2013, intermodal freight shippers in the Asia-U.S. container trade will begin paying a single, consolidated bunker surcharge that incorporates components for...

PH cargo volume up 4.74%

A strong export sector pushed Philippine cargo throughput to 140.209 million metric tons (mmt) in the first three quarters of the year from 133.860...

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