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Archive for September, 2015

SG Customs to supervise unstuffing of select import cargo

SG Customs to supervise unstuffing of select import cargo

Sep. 30 | A new circular has been issued by Singapore Customs advising traders and declaring agents that it conducts selective customs supervision of unstuffing of import containers and transshipment containers going to unmanned places. Circular No. 13/2015, dated...

G6 to shrink Asia-North America capacity in winter

G6 to shrink Asia-North America capacity in winter

Sep. 30 | The G6 Alliance has announced temporary service suspensions in the Far East-North America trade as box lines adjust to the expected slow demand traditionally seen in the winter season. For the alliance’s Asia-North America winter program, the NYE...

Air cargo market breaks 2-month decline with modest growth

Air cargo market breaks 2-month decline with modest growth

Sep. 30 | Global airfreight markets stabilized in August after two months of decline, crawling up 0.2% in freight tonne kilometer (FTK) measurements compared to the same month a year ago, latest data released by the International Air Transport Association (IATA)...

Non-confirmation policy on old trucks stays: LTFRB

Non-confirmation policy on old trucks stays: LTFRB

Sep. 29 | The Land Transportation Franchising and Regulatory Board (LTFRB) will continue to implement the non-confirmation year (NCY) policy, a measure designed to phase out old trucks, according to the agency’s spokesperson. “The direction of the (LTFRB) Board...

Subic port gets new equipment

Subic port gets new equipment

Sep. 29 | Subic Bay International Terminal Corp. (SBITC) recently received and commissioned three new reach stackers and 16 new Kalmar Ottawa terminal tractors for its Subic port operations. The additional equipment has increased the terminal tractor fleet to 23...

Stop debates, pass Customs modernization act — solon

Stop debates, pass Customs modernization act — solon

Sep. 29 | The Customs Modernization and Tariff Act will, among others,  simplify Philippine customs procedures, making release of goods much faster. The Customs Modernization and Tariff Act (CMTA) will modernize the Bureau of Customs (BOC), align the agency’s...

All systems go for Manila ports’ online terminal booking facility

All systems go for Manila ports’ online terminal booking facility

Sep. 29 | The web-based Terminal Appointment Booking System or TABS allows customs brokers, forwarders, importers/exporters and shipping line representatives to schedule the withdrawal and delivery of containers at Manila ports based on time zones spread throughout...

PH AirAsia growth seen to resume in 2016

PH AirAsia growth seen to resume in 2016

Sep. 29 | Photo from AirAsia Facebook page Following the recent completion of the prolonged merger with Zest Airways, Philippines AirAsia (PAA), the local arm of Malaysia’s low-cost carrier giant Air Asia Berhad, will be able to retire this year the AirAsia Zest...

Harbour Centre accused of hoarding NFA rice

Harbour Centre accused of hoarding NFA rice

Sep. 29 | A consumer group is asking the National Food Authority (NFA) to look into allegations that port operator Harbour Centre Port Terminal Inc (HCPTI) is illegally storing rice in its facilities. HCPTI operates Manila’s bulk and breakbulk terminal, Harbour...

Thai central bank cuts GDP, export targets

Thai central bank cuts GDP, export targets

Sep. 28 | The Bank of Thailand (BOT) has lowered the gross domestic product (GDP) forecast of the country for 2015 to 2.7% due to the volatile global and domestic economic situation. BOT Assistant Governor for Monetary Policy Mathee Supapongse said the BOT’s...
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