ICTSI drops out of Portek bid

INTERNATIONAL Container Terminal Services, Inc (ICTSI) formally withdrew its offer to acquire…

Maersk imposes general rate increase on India/Middle East-Europe cargo

From September 1, Denmark-based Maersk Line will enforce a general rate increase…

TSA resets peak season surcharges on Asia-US loop to August 15

Following a two-month postponement, the Transpacific Stabilization Agreement (TSA) is set to…

Hutchison says mega box ships a boon to port operations

Hutchinson Port Holdings said the trend among leading carriers to build larger…

CSAV, CMA CGM launch joint Asia-West Africa weekly service

Recognizing the burgeoning trade between Asia and West Africa, CMA CGM and…

Near-record Arctic ice melt opens Europe-Asia shipping routes

An almost record-breaking rate of Arctic ice melt has opened shipping lanes…

Port of Jawaharlal Nehru disputes lack of planning, consultation in terminal upgrades

The Port of Jawaharlal Nehru (Nhava Sheva) in India denied media reports…

Evergreen and MOL in slot-charter deal linking Asia and southeast Africa

Evergreen Line has announced a slot-charter agreement with Mitsui O.S.K. Lines (MOL)…

Global container terminals post “healthy growth” in 2010 – Drewry report

After the economic downturn in 2009, almost all of the global container…

Foreign air carriers in PH raise howl over BIR regulation

FOREIGN airlines are against a tax regulation which they say puts them…