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Archive for February, 2013

Batangas Port brings competitiveness to Southern Luzon shippers

Batangas Port brings competitiveness to Southern Luzon shippers

Feb. 26 | Philippine port operator Asian Terminals Inc. (ATI) is bringing more competitiveness to South Luzon businesses by delivering integrated ports and logistics services through Batangas Port, two hours from the capital Manila. At the recently concluded 7th...

Cathay Pacific, Dragonair carry 14.2% more cargo in January

Cathay Pacific, Dragonair carry 14.2% more cargo in January

Feb. 25 | Hong Kong’s Cathay Pacific Airways and Dragonair gained significant year-on-year increase in cargo and mail tonnage in January 2013. The two airlines carried 132,792 tonnes of cargo and mail last month, an increase of 14.2 percent compared to January...

Logistics business seen thriving with growth in PH economy

Logistics business seen thriving with growth in PH economy

Feb. 25 | Manufacturing growth in the Philippines will drive higher demand for logistics services, according to former Socioeconomic Planning Secretary Dr Cayetano W. Paderanga, Jr who was a speaker at the recent PortCalls Cargo Economics Conference. As a result,...

PH finance agency looking at minimum tax per container

PH finance agency looking at minimum tax per container

Feb. 25 | The Philippine government is eyeing the establishment of a minimum tax per container. “We’re looking at a value of about P1.5 million per 20-foot container, which means a levy of at least P300,000 per container,” Finance Secretary Cesar V. Purisima...

NLEX Harbor Link to start soon

NLEX Harbor Link to start soon

Feb. 25 | Manila North Tollways Corp (MNTC) recently broke ground on the P10-billion North Luzon Expressway (NLEX) Harbor Link that will connect North Luzon Expressway and the North Harbor at Manila Bay. Construction will start within the month. The Harbor Link...

2013 Determining Priorities

2013 Determining Priorities

Feb. 25 | The new Board and Committee chairpersons for 2013 began work for the year with its traditional planning session held last January 19-20, 2013. The new Board and Committee Chairpersons mapped out what will be the focus and priorities for the year. The...

Asia-Australia vessels to revise bunker surcharges

Asia-Australia vessels to revise bunker surcharges

Feb. 25 | The Asia Australia Discussion Agreement (AADA) said its member-carriers will adjust their bunker charges for cargoes on the Far East-Australia trade lane effective late March. From March 23, AADA members will start imposing bunker charges of US$600 per...

Maersk Line swings to black in 2012

Maersk Line swings to black in 2012

Feb. 24 | Danish shipping giant Maersk Line pocketed US$461 million in profit in 2012 against a loss of $553 million the preceding year as a result of improved volumes, rates, and unit costs. Maersk Line implemented rate increases on most trades and adjusted capacity...

UPS expands Worldwide Expedited service area

UPS expands Worldwide Expedited service area

Feb. 22 | United Parcel Service (UPS) has tripled the coverage area of its Worldwide Expedited air service for less time-based international shipments. The service, which delivers within two to five business days, is now offered to more than 220 countries and territories. The...

Cathay Pacific’s new HK cargo hub partially opens

Cathay Pacific’s new HK cargo hub partially opens

Feb. 22 | The new Cathay Pacific Cargo Terminal at Hong Kong International Airport started partial operations yesterday, handling airfreight carried in by Cathay Pacific from Sydney, Australia, announced terminal builder and operator Cathay Pacific Services Limited...