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Archive for June, 2015

PH shipping lines craft industry roadmap

PH shipping lines craft industry roadmap

Jun. 29 | The domestic shipping sector is crafting a 20-year maritime roadmap to help guide Philippine policy makers, according to Doris Magsaysay-Ho, chief executive officer and president of the Magsaysay Group of Companies. “We’re working together on a roadmap...

Vietnam green-lights $16B aviation hub

Vietnam green-lights $16B aviation hub

Jun. 29 | Dong Nai in southern Vietnam The National Assembly of Vietnam, the country’s legislative body and highest government organization, has approved the construction of an ambitious VND336.7-trillion (US$16 billion) international airport in the southern...

2 PH importers slapped with smuggling charges over P130M illegal rice shipments

2 PH importers slapped with smuggling charges over P130M illegal rice shipments

Jun. 29 | The Bureau of Customs (BOC) has filed smuggling cases against two firms for allegedly misdeclaring over 4.2 million kilograms of rice worth over P130 million that they brought in through the Manila International Container Port (MICP). Charged were the...

MICT switches to VOIP to communicate with equipment operators

MICT switches to VOIP to communicate with equipment operators

Jun. 29 | The Manila International Container Terminal (MICT) has adopted a Voice-Over-Internet Protocol (VOIP) as the new way for its operations center to communicate with staff operating rubber-tired gantry (RTG) cranes and stackers. “Using VOIP is a huge improvement...

Updates on Empties Return and Air e-Manifest

Updates on Empties Return and Air e-Manifest

Jun. 29 | AISL System for Empty Container Return The updated version of the Association of International Shipping Lines (AISL) system for empty container return is now available for use by registered users. The new features and enhancements incorporated are based...

Global merchandise trade exhibits modest Q1 growth

Global merchandise trade exhibits modest Q1 growth

Jun. 29 | The volume of world merchandise trade increased modestly in the first quarter of 2015, with slower growth in both exports and imports than over the previous six months, according to preliminary estimates issued by the World Trade Organization (WTO) and...

Confidence in global freight demand slips

Confidence in global freight demand slips

Jun. 28 | After a promising six-month outlook, the outlook for the freight forwarding market has since tempered, according to the latest results of the Stifel Logistics Confidence Index. Shippers and forwarders showed minimal increase in confidence for airfreight...

Indonesia cuts economic outlook, sees deeper export fall

Indonesia cuts economic outlook, sees deeper export fall

Jun. 26 | The Indonesian government has lowered the country’s economic growth forecast for 2016 to between 5.5% and 6% from between 5.8% and 6.2% previously. A Ministry of Finance release said the government and the House of Representatives made the revised outlook...

EU lifts ban on PH air carriers

EU lifts ban on PH air carriers

Jun. 25 | The European Union (EU) has lifted its ban on all Philippine carriers, allowing them to operate once again in European airspace. “All airlines certified in the Philippines have been removed today from the European Air Safety List, and therefore allowed...

PSA opens new development phase of Pasir Panjang Terminal

PSA opens new development phase of Pasir Panjang Terminal

Jun. 25 | The billion-dollar Phases 3 and 4 project at Pasir Panjang Terminal (PPT) of PSA Singapore Terminals—specifically designed to serve the next-generation of mega container ships—has been opened. Singapore Prime Minister Lee Hsien Loong led inauguration...