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Archive for September, 2013

Indonesia port operator to put up 5 subsidiaries

Indonesia port operator to put up 5 subsidiaries

Sep. 27 | Indonesia’s state-owned port operator PT Pelabuhan Indonesia I (Pelindo I) announced it will create five specialized subsidiaries to professionalize operations, bolster revenue, and enhance competitiveness. Pelindo I spokesman M. Eriansyah said decision-making...

New ADB app provides Asia-Pacific socioeconomic updates

New ADB app provides Asia-Pacific socioeconomic updates

Sep. 27 | The Asian Development Bank (ADB) has launched a new app bringing the latest macroeconomic and social data on the Asia-Pacific region directly to mobile devices. “Increasingly people are using mobile devices to search for data and to monitor economic...

PH rules issued on tax breaks for foreign carriers

PH rules issued on tax breaks for foreign carriers

Sep. 26 | FOREIGN air and ocean carriers serving Philippine ports will soon be able to enjoy tax breaks following the Bureau of Internal Revenue’s issuance of the implementing rules and regulations (IRR) for the recently enacted law liberalizing taxes on foreign...

27 PH customs collectors put in ‘freezer’, transferred to planning agency

27 PH customs collectors put in ‘freezer’, transferred to planning agency

Sep. 26 | TWENTY SEVEN district and deputy collectors of the Philippine Bureau of Customs (BOC) have been transferred to the Customs Policy Research Office (CPRO), a newly created think tank under the Department of Finance (DOF), in a move widely seen as banishing...

Freight forwarding outlook sustains upbeat mood—survey

Freight forwarding outlook sustains upbeat mood—survey

Sep. 25 | The airfreight logistics market is experiencing rising optimism, and even the overall sea freight outlook is more upbeat despite showing a decline in confidence this month, according to a recent survey. The Stifel Logistics Confidence Index, a monthly...

Hapag-Lloyd hires Habben-Jansen as new CEO

Hapag-Lloyd hires Habben-Jansen as new CEO

Sep. 25 | Rolf Habben-Jansen Rolf Habben-Jansen will be the incoming head of Hapag-Lloyd, coming on board in July 2014 to succeed chief executive officer Michael Behrendt, who leaves on June 2014 after more than 12 years at the helm of the liner shipping company. Habben-Jansen,...

Asia-Pacific cargo airlines to see better times in 2014

Asia-Pacific cargo airlines to see better times in 2014

Sep. 24 | The global aviation industry is expected to earn US$11.7 billion in 2013 on revenues of $708 billion, the growth more the result of a strong passenger market as cargo demand continues to falter. In its latest revised forecast, the International Air Transport...

PH int’l air cargo, mail traffic in H1 hits 139M kg

PH int’l air cargo, mail traffic in H1 hits 139M kg

Sep. 24 | INTERNATIONAL air cargo and mail volume transported by 33 airlines to and from the Philippines in the first half of this year reached 139.24 million kilograms, data from the Civil Aeronautics Board showed. Both inbound and outbound cargo and mail almost...

H1 domestic air cargo volume in PH down 44.21%

H1 domestic air cargo volume in PH down 44.21%

Sep. 24 | CARGOES handled by domestic airfreight forwarders in the Philippines in the first half of the year dropped 44.21% to 21.352 million kilograms from 38.273 million kg year-on-year, mainly due to a double-digit dip in consolidations, data from the Civil...

IMO endorses mandatory container weighing to enhance ship safety

IMO endorses mandatory container weighing to enhance ship safety

Sep. 23 | The International Maritime Organization (IMO) has passed a draft amendment mandating the verification of container weights in an effort to increase ship safety. The draft amendment outlines two separate methods for verifying container weights as proposed...