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Monthly Archives: August, 2013

Breaking News

Indonesia’s Pelindo II subsidiaries set for IPO

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PT Pelabuhan Indonesia II (Pelindo II), a state-owned port operator in Indonesia, is planning to put some of its top-performing subsidiaries on initial public...
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Breaking News

OOCL to hike SEA-Australia, Europe-Asia service rates

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Orient Overseas Container Line (OOCL) will bolster freight rates for its Southeast Asia-Australia services as well as its Europe-Asia operations from October. Noting that ocean...
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Breaking News

Hapag-Lloyd revises Asia-NorthAm BFF, hikes Far East rates

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Germany’s Hapag-Lloyd will be revising the bunker fuel factor (BFF) for all dry, reefer, flat-rack, and open-top containers from Asia, including the Indian Sub-continent,...
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Breaking News

Subic container throughput eases in Jan-Aug

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CONTAINER throughput that passed through terminals operated by Subic Bay International Terminal Corp. (SBITC), three hours north of the Philippine capital Manila, dropped 2.9%...
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Customs & Trade

PH port operators, users urge gov’t to address litany of woes

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PHILIPPINE shippers and port operators have outlined problems that hamper port efficiency especially in Manila, even as they lauded the Aquino government’s initiatives to...
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Aviation

AirAsia’s Fernandes sees ‘long-term story’ in PH unit

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AIRASIA Group’s CEO Tony Fernandes sees the low-cost carrier company’s Philippine associate as a “long-term story” after the unit’s revenue more than tripled year...
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Breaking News

MCC eyes PH as transshipment hub

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INTRA-ASIAN carrier MCC Transport is looking at the Philippines as a transshipment hub, but says the government needs to improve key aspects of doing...
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Maritime

PH manufacturing potential could draw in shipping lines, says expert

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THE Philippines could be a new low-cost source of shipping volumes if its manufacturing sector picks up, according to a container shipping industry expert. “There...
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Customs & Trade

ADB urges PH to focus on manufacturing

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MANUFACTURING remains critical for Asian countries like the Philippines to prosper and avoid the middle-income trap, the Asian Development Bank said in a recent...
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Aviation

Twin airports concept best for PH aviation: joint chambers of commerce

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THE Joint Foreign Chambers of Commerce of the Philippines has thrown its support behind calls to create a “twin airports” system consisting of Clark...
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