Latest news on the shipping, logistics and cargo industry
MISC quits container shipping after $789-M loss
MISC Bhd has announced its departure from the container shipping business after…
November 25, 2011
1 minute read
Maersk to hike rates on Asia-Caribbean and Latin America routes
Maersk Line will implement a number of general rate increases (GRI) and…
November 25, 2011
1 minute read
Maersk merges ICON and ‘Daily Maersk’ services
Maersk Line announced on November 25, 2011 that it will merge the…
November 25, 2011
1 minute read
Asia-Pacific air freight demand falters in October
International air freight demand showed “a continuation of established trends” this year,…
November 25, 2011
1 minute read
DHL introduces special air freight containers for health-care shipments
DHL Global Forwarding, the air and ocean freight unit of Deutsche Post…
November 24, 2011
1 minute read
PH economic body cites three concerns threatening maritime sector
The Philippine National Economic and Development Authority (NEDA) has identified safety, overlapping…
November 24, 2011
3 minute read
ATSCI pares down losses
PHILIPPINE shipping line ATS Consolidated, Inc. (ATSCI) posted a net loss of…
November 24, 2011
2 minute read
PAL books loss of $39.4M
PHILIPPINE Airlines posted comprehensive losses of $39.4 million in the second quarter…
November 24, 2011
2 minute read
Specialized foreign vessels to soon service PH gas project
The Philippine Maritime Industry Authority (Marina) will soon allow special-purpose foreign-flag vessels…
November 24, 2011
1 minute read
Currency swings slash Hapag-Lloyd’s profit by 13%
Wide currency fluctuations due to the debt crisis in Europe ate into…
November 23, 2011
1 minute read
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