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22 May 2012 11:56AM

Airport Authority Extends CEO's Service Term

22 May 12 ,  Air Transport
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The Airport Authority Hong Kong (AAHK) today announced the extension of Chief Executive Officer Stanley Hui Hon-chung’s service term by two years from 1 February 2013.

Sea Transport
  • Quarter of containers delayed at sea

    18 May 12 ,  Sea Transport
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    New research highlights low customer service and poor time-keeping in container shipping industry

  • Deadline looms for SeaFrance vessel bids

    19 Apr 12 ,  Sea Transport
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    The deadline for sealed bids to acquire the vessels of collapsed cross-Channel ferry operator SeaFrance, whose assets are now in the hands of the liquidator, has been set for 4 May.

  • Test of resolve for carriers

    04 Apr 12 ,  Sea Transport
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    While carriers have successfully implemented rate increases to improve their battered financial position, threats still exist that could de-rail this, according to Drewry’s latest quarterly Container Forecaster report.

  • Shippers call for surcharge overhaul

    02 Apr 12 ,  Sea Transport
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    A senior member of the European Shippers’ Council (ESC) says the air cargo industry’s practice of surcharging is an easy means of fixing prices and should be overhauled.

  • D-Day for container rate increases

    02 Mar 12 ,  Sea Transport
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    Controversial container freight rate increases – due to be implemented on the Asia-Europe trade today – appear to be taking effect, although market commentators are uncertain over how successful the price hikes will ultimately be.

  • Dutch dig deep at Rotterdam

    21 Feb 12 ,  Sea Transport
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    The Dutch Ministry of Infrastructure and the Environment is expanding the Maasgeul to prevent waiting times for ships entering the port of Rotterdam.

  • Freight rate hikes could gain traction

    21 Feb 12 ,  Sea Transport
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    Scepticism over container lines’ freight rate hikes persists, although Maersk’s announcement on Friday that it is to reduce its Asia-Europe capacity by 9% could help GRIs gain traction.

  • Virginia offers cash to greener carriers

    17 Feb 12 ,  Sea Transport
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    The US port of Virginia is expanding its Green Operator (GO) programme to provide incentives to ocean carriers that burn ultra low-sulphur fuel or use alternative power technology while their vessels are moored at port authority-owned terminals.

  • Can carriers win container rate war?

    15 Feb 12 ,  Sea Transport
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    Container lines’ attempts to raise prices on the Asia-Europe and transpacific trades stand a good chance of success, according to freight derivative brokers at Clarkson Securities.

  • Shippers slam liner rate hikes

    08 Feb 12 ,  Sea Transport
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    Dutch shippers organisation EVO has slammed the latest round of freight rate hikes on Asia-Europe trades.