Construction work on new Indonesia port set to begin

Indonesia’s state-run port operator Pelindo IV has tapped state construction company PT…

OECD gives global economy B-minus grade in revised outlook

The Organisation for Economic Co-operation and Development (OECD) has lowered its forecast…

Asian airlines post growth amid signs of waning cargo demand

Asia-Pacific carriers registered cargo growth for April, but all indicators point to…

Vietnam sets Saigon Port IPO, Cambodia box volume expands

Vietnam’s Saigon Port, the country’s busiest port, will be going on initial…

Indonesia to get $12-B bank loan to fulfill maritime development goals

The World Bank Group has pledged up to US$12 billion in new…

Korea posts lowest export sales in six years

South Korea experienced last month its steepest export slide in almost six…

PH domestic air cargo volume up 10.5% in 2014

Low-cost carrier Cebu Pacific Air remained the top domestic air cargo carrier…

Maersk Line places $1.8B order for 11 ULCVs for Asia-Europe sling

Expect more sightings of colossal ships on the Asia-Europe trade lane, as…

Customs execs back ASEAN customs development strategy

The Association of Southeast Asian Nations (ASEAN) has endorsed the Strategic Plan…

Freight forwarders more upbeat about airfreight than sea freight

Global freight forwarders are optimistic about prospects in the next six months,…