Saturday, October 16, 2021

Monthly Archives: May, 2013

Korean study cites barriers to PH bid for ASEAN shipping integration

THE Philippines needs to address institutional barriers to be able to link up its shipping services with those of ASEAN, a Korean study says. South...

Chemical market demand boosts tanker tonnage

DEMAND for chemical tankers is on the rise, partly influenced by increasing consumption as a result of a growing world population. Per Sylvester Jensen, CEO...

PAL launching 12 new routes in expansion push

Philippine Airlines (PAL) is launching 12 new routes to Australia, China, Malaysia, the Middle East, and to Northern Luzon in the continuing expansion of...

Small liners boxed out of east-west trades

Smaller container shipping lines are pulling out of the east-west trades, no longer able to compete in the big-ship-dominated markets. The recent pullout of Grand...

CFO of OOIL steps down

Orient Overseas (International) Limited (OOIL) announced that Kenneth Gilbert Cambie has resigned as an executive director and the chief financial officer of the company...

OOCL names new 13,208-TEU ship, CSCL to order 18,000-TEU vessels

Hong Kong-based Orient Overseas Container Line (OOCL) named its newly delivered 13,208-TEU (20-foot-equivalent) container ship NYK Hercules in a christening ceremony held April 29...

E-commerce propels UPS 1Q earnings higher

A stronger than expected post-holiday season in January lifted United Parcel Service’s first quarter earnings to US$1.04 billion, or $1.08 a share, up from...

Asia-Pacific airfreight shrinks in March, says IATA

Global airfreight markets weakened in March, and the improvement in growth rates that began toward end-2012 has stalled, according to the latest figures released...
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