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Weekly News |
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15/12/2011- 31/12/2011 |
PortsWorld, Open University to publish freight logistics journal New*
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KLANG: PortsWorld and Open University Malaysia will jointly publish Journal of Freight Logistics to highlight new developments in the industry.
Deputy International Trade and Industry Minister Datuk Jacob Dungau Sagan said the journal was the first of its kind in Malaysia and he was confident it would be valued by industry practitioners to help them keep abreast of the developments in the industry.
“For the Government, we are aware on the role and importance of freight logistics sector in fostering the development of the national economy... more
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New Intra-Asia service by MCC Transport |
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MCC Transport has introduced a new intra-Asia (IA-8) service, which provides direct and fast transit between ports in Indonesia, Philippines, Japan, China, Taiwan and Malaysia.. more |
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Singapore air cargo express hub to open next year *New |
| Changi Airport Group (CAG) and the Civil Aviation Authority of Singapore (CAAS) are to jointly develop an Air Cargo Express (ACE) Hub, which is expected to boost Singapore's status as a key cargo hub in the Asia-Pacific.more |
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Air cargo growth to continue, but slow in 2011: IATA |
| The International Air Transport Association (IATA) is predicting that the rebound in air cargo traffic that started in late 2009 will continue during 2011, albeit at a slower pace than that experienced in 2010. more |
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| China to start construction of railway connecting Laos |
| Construction of railway linking China's Yunnan province and Laos is planned to start in late October, reported Xinhua. more |
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IATA: UK policies 'will destroy legacy' of British aviation |
| The International Air Transport Association (IATA) has UK aviation policy and called on the British government to transform air transport competitiveness through tax cuts, regulatory reform and bring an end to crippling climate change taxes. more |
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| Chennai congestion blamed on port's poor access to roads |
Chennai, India's second largest container gateway, is struggling with further congestion problems because of difficulties with accessing roads to and from the port. more |
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Weighing boxes before stowage on the way, say insurers |
| Weighing containers - full or empty - will be become a necessary part of shipping life, according to delegates attending a London conference sponsored by the insurance group, UK P&I Club. more |
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| Containership capacity to grow 8.8pc in 2011 |
| Cellular containership capacity is expected to grow by an average annual rate of 8.7 per cent over the next two years, with 1.26 million TEU due to be added in 2011 and 1.33 million TEU in 2012, based on Alphaliner projections. more |
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Rates start to fall as new capacity makes space easier to find |
| Container rates have started to fall, according to the Shanghai Containerised Freight Index and other monitoring agencies as new capacity makes vessel space easier to find. more |
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| Incoterms® 2010 - new edition from January 2011 *New |
| The International Chamber of Commerce (ICC) has published a new edition of Incoterms, which took effect from 1 January 2011. more |
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| IIATA, ICAO, OAG put dangerous goods rules online |
| Airlines, freight forwarders and shippers can now gain faster access to the latest regulations and information for the carriage of dangerous goods by air with the launch of "DG Online"... more |
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| IATA predicts Hong Kong and China to lead airfreight growth |
| The industry consensus forecast released by the International Air Transport Association (IATA) indicates that by 2014 international aviation will handle 38 million tonnes of air cargo, up 12.5 million tonnes from the 26 million tonnes carried in 2009. more |
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| Theft rings hit ports and airports for millions |
| Syndicates are stealing millions of ringgit worth of merchandise from freight terminals in local airports and ports. Some goods were stolen from the terminals, others via highway robberies and hijackings. more |
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| TSA wants shippers to provide pre-departure air cargo data sooner |
| The US Transportation Security Administration (TSA) is working with US Customs to secure more pre-departure air cargo information sooner than now required, TSA administrator John Pistole recently told the congressional committee on transportation security. more |
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ICC launches New INCOTERMS |
| The International Chamber of Commerce (ICC) has recently announced the launch of new rule changes to Incoterms® 2010. more |
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| ASEM-8 leaders favour more sharing of intelligence inputs to curb sea piracy |
| Taking a serious view of the growing menace of piracy at sea, the world leaders who converged here for the 8th Asia-Europe meet summit, on Tuesday. more |
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Energy efficiency measures for ships |
With effect from 1 July 2010, the Air Waybill (AWB) Conditions of Contract (IATA Resolution 600b) have been changed to harmonize the application of the Montreal Convention liability limit for all air cargo across all routes. more |
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