Europe to soon adopt 24-hour cargo security regulation

THE European Union (EU) will soon 24-hour advanced cargo information for ships going to Europe, similar to the Automated Manifest System (AMS) of the…

JBIC extends loan for shipping modernization program

The Japan Bank for International Cooperation (JBIC) has extended for another two years its loan assistance to the local shipping sector, through the Domestic…

DBP developing website to promote Ro-Ro

THE Development Bank of the Philippines (DBP), through the Sustainable Logistics Development Program (SLDP), is working on the creation of a website that will…

Lorenzo Shipping income sinks 17.1% in first nine months

PURE freight operator Lorenzo Shipping Corp. recently reported a net profit of P4.54 million for the first nine months of the year, down 17%…

CTSI Logistics, Luen Thai Apparel get C-TPAT validation

THE United States Customs & Border Protection this week commended CTSI Logistics and the Luen Thai Apparel Affiliates-Saipan during an inspection visit to the…

DHL developing markets of RP trading partners

DHL Express is building markets in countries where Philippine enterprises are most active. DHL Express chief executive officer Uwe Rolf Doerken, in a press…

Transpacific carriers seek to hike metal scrap rates

CONTAINER shipping lines operating from the US to Asia have recommended a two-stage increase in freight rates for shipments of metal scrap. Carriers in…

Hanjin Shipping receives Ocean Carrier Excellence Award

HANJIN SHIPPING recently received the Ocean Carrier Excellence Award from Global Shippers Association (GSA) A shipper's association headquarted in Atlanta, Georgia, GSA is composed…

RP air cargo traffic down 4.53% in first eight months

INTERNATIONAL cargo and mail traffic in the Philippines dropped 4.53% in the first eight months of the year, according to latest statistics from the…