Nature of trade limits service confidentiality

Confidentiality in service contracting will be difficult to achieve, given the plethora of supply-chain parties that will be privy to the information, according to an executive.

Friday, 15 January, 1999, 12:00am

Cargo safeguards called ineffective if they cover Hong Kong only

The Government's plans to implement a scheme to enhance security of cargo in the bellies of passenger aircraft from April 1 are a waste of time, the Hong Kong Association of Freight Forwarding Agents says.

8 Jan 1999 - 12:00am

PMB hands out warning over charges dispute

The Government has threatened to introduce legislation to resolve a dispute between shipping lines and shippers over increases in terminal handling charges this year.

30 Nov 1998 - 12:00am

Shippers seek owner restraint in rate-rise rush

The Hong Kong Shippers Council wants shipping lines to exercise constraint when implementing freight rate increases, especially in the weak economic climate.

Executive director Clement Yeung said as rates were rising so quickly, it was reasonable to ask lines not to make so many increases in such a short time.

23 Nov 1998 - 12:00am

Officials warned off container rates row

Shipping lines have warned the Government to keep out of an industry dispute over rising container rates.

Hong Kong Liner Shipping Association (HKLSA) chairman Neil Russell said it would oppose strongly any government move to intervene in commercial matters.

19 Nov 1998 - 12:00am

TSA to increase tariffs on US-bound cargo from Asia

Transpacific Stabilisation Agreement (TSA) members have agreed to increase tariff and service contract rates on shipments from Asia and the Indian sub-continent to the United States West Coast ports by a minimum of US$900 per feu (40 ft equivalent units) from May 1 next year.

6 Nov 1998 - 12:00am

Air France opens hi-tech Paris cargo facility

Air France Cargo has opened a US$65 million cargo hub at Paris' Charles de Gaulle Airport, designed to handle one million tonnes of cargo a year.

Another $5 million has been allocated to upgrade security.

28 Oct 1998 - 12:00am

Air cargo war eases

An upswing in Asia's fortunes in the autumn has eased a fierce price war in Germany's airfreight market, much to the relief of cargo carriers there.

19 Oct 1998 - 12:00am

Lines abusing power on rates, say shippers

Hong Kong and Southeast Asian shippers have lashed out at international shipping lines over increases in freight rates, accusing them of abuse of power.

Regional shippers' councils, meeting in Singapore this week, united to demand legislation requiring international carriers to consult shippers before imposing further rate increases. They also want to be given more notice.

9 Oct 1998 - 12:00am

Council to help with submissions to FMC

The Hong Kong Shippers' Council will help shippers who want to assist the United States Federal Maritime Commission's (FMC) probe into possible unlawful space allocation and pricing involving Asia-US trades.

Council director Clement Yeung said shippers with information could either go directly to the FMC or through the council.

28 Sep 1998 - 12:00am

Surcharge extended to cover shortfalls

Trans-Pacific container shipping lines, which have imposed temporary peak-season surcharges of US$300 per feu (40 ft equivalent unit) from August 17, will extend the levy for a month to cover shortfalls resulting from trade imbalances.

31 Aug 1998 - 12:00am

TWRA cuts Asian currencies surcharge

Lines in the Transpacific Westbound Rate Agreement (TWRA) will reduce currency adjustment factor (CAF) surcharges on container cargo bound for Japan, Taiwan and Singapore from ports in the United States and inland points for the quarter beginning on October 1.

26 Aug 1998 - 12:00am

Factories left idle by cargo hold-ups

Factory owners have been forced to suspend production because their materials are stranded at the airport.

Transport companies also said they were close to shutting after repeated delays in reclaiming goods.

Victims included a Shenzhen factory owner whose electronic materials arrived at Asia Airfreight Terminal (AAT) on Tuesday.

11 Jul 1998 - 12:00am

Relief as goods arrive in time

Importers breathed a sigh of relief yesterday as deliveries of seafood and flowers finally arrived at Chek Lap Kok alive and fresh.

Fewer imported boxes were stacked at SuperTerminal 1 as workers continued clearing the cargo accumulated over the past few days.

10 Jul 1998 - 12:00am

Shippers urge consultation on cargo rates

Shipping lines should consult shippers before making changes in freight rates, according to the Tripartite Shippers' Council.

The council, which is made up of the Hong Kong, Japanese and South Korean shippers' councils, appealed to carriers to be sensitive towards shippers' interests during the economic downturn.

10 Jul 1998 - 12:00am