Saturday, December 5, 2020

Monthly Archives: March, 2013

Singapore Changi Airport offers 50% rebate to cargo carriers

Changi Airport Group (CAG), operator of Singapore Changi Airport, will extend a 50 percent landing fee rebate from April to all scheduled freighter flights at...

PISFA, AISL sign MOA on container deposits

The Philippine International Seafreight Forwarders Association (PISFA) recently signed with the Association of International Shipping Lines (AISL) a memorandum of agreement designed to rationalize...

SEAIR rides PH economy’s strength to launch air cargo service

THE Philippine economy is astir, perhaps at a rate even more vibrant than what economists have forecast, according to executives of local budget carrier...

Longer Outlook

More Good News While the good news continues with the Philippine economy, another bit of good news came out recently, this time on a longer...

MOL to add 40-50 vessels, invest $1.5B a year

DASMARIÑAS, Cavite, Philippines –– Mitsui O.S.K. Lines (MOL) is increasing its fleet by about 5% or 40-50 vessels each year as it expects the...

Export surge helps Subic Bay cargo volume rise 47%

A 47% surge in container throughput in 2012 powered by exports helped the Subic Bay Metropolitan Authority (SBMA) reverse its losses in the previous...

2GO targets equal revenue mix of core business

The Philippines’ largest logistics company, 2GO Group Inc., is aiming to adjust the revenue mix of its shipping and supply chain businesses from 70%...

Skies looking brighter for global airlines

The global airline industry is looking at a slightly improved outlook for 2013 as a result of stronger revenue inflows, now projected to reach...

Indonesia kicks off Kalibaru Port construction

The construction of the first phase of the Kalibaru Port, or New Priok, officially began late this month with Indonesian President Susilo Bambang Yudhoyono...

FedEx eyes Asia capacity cut as profit slides in Q3

Tennessee-based FedEx Corp. reported a net income of US$361 million for the third quarter ended February 28, down 31 percent from $521 million year-over-year,...

Most Read

Empties stay weeks in depots despite global container shortage

Though badly needed, containers worldwide spend on average 45 days empty in depots In China and US, average stay is 61 and 66...

PH export plan to be revisited amid pandemic’s economic impact

• The Philippine Export Development Plan (PEDP) 2018-2022’s export targets undergoing a periodic review Proposed revisions to align with effects of pandemic and impact...

PAL offers free Antigen tests for Manila-GenSan passengers from Dec 7-17

Free Antigen testing for PAL passengers to General Santos from Dec 7 to 17 Travelers to GenSan must be at the Antigen testing...

EEI, two subcontractors fined for Skyway Extension mishap

The Department of Labor and Employment ordered Skyway Extension Project contractor EEI Corp. and two subcontractors to pay fines for violating several occupational...