Maersk Line upbeat over 2008 outlook

MAERSK Line Philippines is looking at modest growth for global exports this year amid the spiraling fuel cost and the global economic slowdown. “The…

P10B road, bridge projects expedited

THE Department of Public Works and Highways is fast tracking the completion of roads and bridges under a P9.7-billion grant from the Japan Bank…

Synchronized truck ban likely in place this month

CAGAYAN DE ORO CITY.—Truckers will finally get their wish of a nationwide synchronized truck ban as early as this month. “The government will strictly…

TNT: New security measures won’t cost customers

TNT Express Philippines’ compliance with new US and European Union supply chain security requirements will not translate to additional cost for its clients. The…

PISFA targets reduction of lines’ other charges

AFTER getting a reprieve from some members of the Association of International Shipping Lines (AISL) on the container deposit fee, the Philippine International Seafreight…

Clearing of Mindanao facility for Hanjin in full swing

THE Phividec Industrial Authority (PIA) has started clearing operations for a 500-hectare lot in preparation for the entry of Korean shipbuilder Hanjin Heavy Industries,…

Nenaco sells two vessels for $3.46M

DEBT-SADDLED shipping firm Negros Navigation (Nenaco) recently sold two vessels, the M/V San Lorenzo Ruiz and M/V Mary Queen of Peace, to Liberian firms…

TNT appoints Sales, Marketing VP

TNT Express Philippines recently appointed Roberto Paterno de Guzman as vice president for Sales and Marketing. With ten years of experience in sales, marketing…

Asia lords over global shipping industry

ASIAN countries cornered the bulk of growth registered by the international shipping industry in the past six years, according to Japanese Shipowners Association (JSA)…

Warehouse expansion to help 2GO hit 6% growth target

2GO, the logistics arm of the Aboitiz Transport group, expects to complete its warehouse expansion program within the year. 2GO president and chief executive…

K-Line fleet upgrade aims to address future growth

DESPITE expecting flat growth in international shipping this year, K-Line Philippines is expanding its fleet to achieve greater efficiencies and growth. K-Line country president…

Hanjin gets violation notice

SUBIC Bay Metropolitan Authority (SBMA) has issued a notice of violation of safety standards to Hanjin Heavy Industries Co-Philippines (HHICP) for last month’s dockyard…

Tanker industry in for rough sailing in 2008

THE tanker industry is bracing for tough times ahead. It faces a new requirement that needs massive investment as well as a new law…

Hanjin to sink in $2B for Mindanao shipyard

AFTER Subic, Korean shipyard operator Hanjin Heavy Industries Corp. (HHIC) will inject an additional $2 billion in its Philippine operations to develop a shipyard…

Air21, DHL to keep rates

EXPRESS firm DHL Express Philippines and local courier Airfreight 2100 (Air21) are holding their rates steady despite the recent spike in oil prices. “We…

Lorenzo takes delivery of vessel

MAGSAYSAY-owned Lorenzo Shipping Corp.(LSC) has taken delivery of one of three vessels, part of a refleeting program started two years ago when Magsaysay took…

ATS posts net income of P480.8M for first nine months

ABOITIZ Transport System Corp. (ATS) reported a net income of P480.8 million in the first nine months of the year, a reversal from last…

RP part of K-Line’s fleet expansion plans

JAPANESE carrier “K” Line is increasing its fleet by 67% in the next four years to accommodate increasing demand and provide more business for…

ATS gains P243M from sale of vessel

AFTER SuperFerry 16, Aboitiz Transport System (ATS) has sold another vessel from its SuperFerry fleet, a move seen to convert the firm into a…

Keppel: Subic business buoyant

KEPPEL Philippines Marine Inc. (KPMI) sees more activity at its Subic shipyard following government moves to position the freeport as a shipbuilding, ship repair…