Latest news on the shipping, logistics and cargo industry
Ocean freight rates up 26% as carriers cut down on services
Spot freight rates have inched up across all routes, but some lanes…
August 29, 2016
2 minute read
Hapag-Lloyd capital restructuring for UASC merger gets shareholders’ nod
German shipping liner Hapag-Lloyd’s shareholders has approved the creation of new authorized…
August 29, 2016
2 minute read
Singapore’s July factory output slumps 3.6%
The manufacturing output of Singapore slipped 3.6% year-on-year in July 2016, as…
August 29, 2016
2 minute read
Some 60% of Asia’s SMEs lack financing access
Up to 60% of small businesses in the Asia-Pacific region do not…
August 29, 2016
2 minute read
Expansion of Thailand’s Suvarnabhumi Airport all set
Suvarnabhumi Airport’s management has signed a contract with three companies to expand…
August 26, 2016
2 minute read
Vietnam’s Jan-Jul trade surplus beat estimates
Vietnam saw a trade surplus of some US$2.25 billion in the first…
August 25, 2016
1 minute read
Box fleet prices predicted to plunge even deeper
Cheaper production and material costs as well as weaker demand have driven…
August 25, 2016
2 minute read
Automating BOC to cost P5B over 3 years: roadmap
The Philippine Bureau of Customs (BOC) needs about P5.21 billion over three…
August 24, 2016
5 minute read
PH President declares appointive positions vacant
All presidential appointees of the previous Philippine administration were given seven calendar…
August 24, 2016
2 minute read
Asia airports book slight cargo upturn in first half
Compared to last year, airports reported a marginal 0.5% growth in total…
August 24, 2016
4 minute read
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