Saturday, October 16, 2021

Monthly Archives: April, 2014

Water-borne shipments top domestic trade in goods in Q4 last year

Transport through waters dominated shipments of domestic goods in the fourth quarter of 2013, comprising 99.8% of the 4.5 million tons total, preliminary data...

PH budget agency gives go-ahead for Bicol airport project, LRT1 extension

The Philippine Department of Budget and Management (DBM) has given the Department of Transportation and Communications (DOTC) the go-signal for the Bicol International Airport...

Asia’s developing economies looking at steady growth in 2014-2015

Developing Asia will extend its steady economic growth into 2014 and 2015 as risks grow less threatening and demand from recovering advanced economies is...

UASC introduces Asia-Southern Red Sea loop

United Arab Shipping Company (UASC) will introduce ARC2, a fixed-day weekly service from Asia to the Southern Red Sea that will provide direct services...

Rate of ship scrappings, delivery deferrals seen to soar

Dismantling of box ships and postponements of newbuild deliveries this year will accelerate at a pace not seen in 15 years. Some 500,000 TEUs (20-foot-equivalent...

CMA CGM halts revenue erosion with higher box volumes, cost trims

A strong surge in volumes carried and cost savings enabled French box carrier CMA CGM to keep its revenue per standard unit stable in...

Carriers enter into Subic co-loading arrangement; Subic port volume up in Q1

  There is growing interest in the use of Subic container port following the imposition of the Manila truck ban in late February that led...

PH Senate bill seeks exemption of cargo transport from carriers’ tax

A bill has been filed in the Philippine Senate seeking to include the transport of cargoes in the exemption from payment of the Gross...
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