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Geneva-based ocean carrier Mediterranean Shipping Company (MSC) has temporarily halted bookings for cargo on the North Europe-Asia trade. In a media release on March…

BOC levies charges against alleged smugglers of refined sugar worth P6M

The Bureau of Customs (BOC) recently filed before the Department of Justice (DOJ) smuggling charges against alleged illegal importers that brought in refined sugar…

IMF trims US economic prospects after shaky first quarter

The International Monetary Fund (IMF) has downgraded the U.S. economic outlook for 2015 in the wake of a troubled first quarter. In its annual…

New advisory body to map out 15-year strategy for Singapore’s maritime sector

The Maritime and Port Authority of Singapore (MPA) has established the International Maritime Centre 2030 (IMC 2030) Advisory Committee to chart the future directions…