Home » Archive for December, 2012

Archive for December, 2012

European shippers want probe of void sailings

European shippers want probe of void sailings

Dec. 28 | The European Shippers’ Council (ESC) is calling for a probe into “apparently co-ordinated moves” by ocean liners in blanking previously set sailings on the Asia-Europe trade lane, supposedly in an attempt by the shipowners to ensure that scheduled...

ICTSI pulls out of Syria

ICTSI pulls out of Syria

Dec. 28 | Manila-based port operator International Container Terminal Services, Inc. (ICTSI), through its subsidiary Tartous International Container Terminal jsc (TICT), has announced the pull-out of its business in the Syrian Arab Republic due to the civil war...

Singapore decommissions first port operations control center

Singapore decommissions first port operations control center

Dec. 28 | Following the commissioning of its new Port Operations Control Centre (POCC) at Changi Naval Base in July 2011 and the re-commissioning of its upgraded POCC at PSA Vista in September 2012, the Maritime and Port Authority of Singapore (MPA) on 28 December...

Thailand, Myanmar to develop $1.57-B Dawei economic zone

Thailand, Myanmar to develop $1.57-B Dawei economic zone

Dec. 28 | Myanmar and Thailand have agreed to jointly develop the Dawei Deep Sea Port and Industrial Estate in Myanmar in a bid to bolster economic growth in the two countries and neighboring Southeast Asian nations. The two sides signed a memorandum of understanding...

Delay in Vietnam’s Cai Mep port launch proposed

Delay in Vietnam’s Cai Mep port launch proposed

Dec. 26 | With Vietnam’s shipping industry in the doldrums, local and foreign shipping-related businesses are seeking a delay in the launch of the Cai Mep-Thi Vai port complex, saying it will exacerbate the overcapacity problem at the existing southern deep-water...

Hapag-Lloyd, CMA CGM set new Far East rate hikes

Hapag-Lloyd, CMA CGM set new Far East rate hikes

Dec. 26 | Germany’s Hapag-Lloyd announced more rate increases for the Far East trades beginning next year under its revenue recovery program. From January 15, 2013, rates for all cargoes and containers from East Asia (excluding Japan) to the Indian Subcontinent...

Hong Kong’s AAT profits from hi-tech cargo demand

Hong Kong’s AAT profits from hi-tech cargo demand

Dec. 26 |   Asia Airfreight Terminal (AAT), the second cargo terminal handler at Hong Kong International Airport, reported a 12 percent increase in tonnage throughput year-on-year for November 2012, traffic pushed up by a surge in demand for high-tech products. AAT...

EU, Singapore conclude FTA deal

EU, Singapore conclude FTA deal

Dec. 24 | Singapore and the European Union (EU) have completed final negotiations on a bilateral free trade agreement (FTA) that will promote business cooperation between the two regions. In an official press release, the EU said the EU-Singapore FTA (EUSFTA)...

Hong Kong port’s cargo contracts 4.3% in November

Hong Kong port’s cargo contracts 4.3% in November

Dec. 24 | Box traffic at the Port of Hong Kong contracted 4.3 percent in November 2012 year-over-year to 1.87 million 20-foot-equivalent units (TEUs), Port Authority statistics showed. Container throughput last month at Kwai Tsing terminals slid 0.3 percent to...

Ceva boosts Indochina clout with Vietnam JV

Ceva boosts Indochina clout with Vietnam JV

Dec. 24 | Netherlands-based Ceva Logistics entered into a joint venture (JV) in Vietnam with its longtime local partner to reinforce the global logistics firm’s presence in Southeast Asia. With its head office in Ho Chi Minh, Ceva Logistics (Vietnam) is a fully...
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