Article: BRIEFING - ASIA SHIPPING - MAY 22, 2009.

An executive briefing on shipping for May 22, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

PAKISTAN GOVT DECLARES GWADAR PORT TAX-FREE

ISLAMABAD - The Pakistani government on Wednesday declared Gwadar Port as Tax-Free Zone.

Mian Manzoor Wattoo, Minister for Industries and Production, disclosed this while addressing a press conference.

PHILIPPINES ICTSI SIGNS US$150 MLN LOAN FACILITY WITH 7 INT'L BANKS

MANILA - The International Container Terminal Services, Inc. (ICTSI) announced it has signed a US$150 million ...

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