Index-linked contracts gaining popularity, says Drewry

London-based Drewry Maritime Research said the US Federal Maritime Commission (FMC) has identified its container freight rate benchmarks published in the Container Freight Rate Insight as…

PH Customs chief open to changes in manifest rules

PHILIPPINE customs commissioner Rozzano Rufino Biazon found the wish list of the Philippine International Seafreight Forwarders Association (PISFA) related to rules on the advance…

MICT offers dedicated reefer express lane

International Container Terminal Services, Inc (ICTSI) recently introduced the Reefer Express Lane (REL) to facilitate movement of reefer vans at the Manila International Container…

Export body pushing for seamless transport, logistics

Meneleo Carlos, chairman of the Philippine Export Development Council (EDC) Networking Committee on Transportation and Logistics, recently unveiled the committee’s strategies toward the creation…

Oct exports dip 14.6%

Philippine exports continued to head south, dropping 14.6% to $4.788 billion in October from $4.088 billion in the same month last year, according to…

PH cargo throughput up 6% from Jan-Oct

Philippine cargo volume increased 5.7% in the first 10 months of the year due to strong exports, especially those passing through private ports. Latest…

Thai flooding cuts PH auto shippers’ volume in half

Car carriers in the Philippines suffered up to a 50% drop in volumes since the massive flooding in Asia’s auto manufacturing hub, Thailand. “The…

Agency to be deputized by PH BOC for balikbayan boxes

The Philippine Bureau of Customs (BOC) plans to deputize the Philippine Shippers’ Bureau (PSB) to handle overstaying and abandoned consolidated containers full of balikbayan…

Invest in cargo security, PH transport firms urged

Cargo companies should invest heavily on cargo security considering the increasing level of sophistication shown by some criminal elements. This was the message of…

Airport transfer to Clark seen in 5-7 years

The Diosdado Macagapal International Airport (DMIA), north of Manila, will soon become the Philippines’ main airport, Transportation and Communications Secretary Manuel Roxas II told…

Metro Manila shipyard operators seek exclusive program for local operators

The Metro Manila Shipyard Association, Inc is asking the Philippine Maritime Industry Authority (Marina) to come up with a program solely for local operators.…

Ports, carriers demand declaration of verifiable weights of containers

Four international organizations in the shipping and port operations industry are calling on the International Maritime Organization (IMO) to require ships and ports to…

Incentives for Batangas, Subic port users pushed

Dr. Lilia B. De Lima, director general of the Philippine Economic Zone Authority (PEZA), has initiated the grant of incentives to lure shippers to…

PH customs to redo policy on advance IFM submission

The Philippine Bureau of Customs (BOC) is reworking the policy on mandatory submission of inward foreign manifest (IFM) for airfreight shipments and may issue…

Empties start to pile up again at Manila South Harbor

Empty containers are once more accumulating at the Manila South Harbor, further evidence of a slow export sector. The pile-up has reportedly forced South…

PH forwarders’ group seeks changes to rule on late submission of manifest

The Philippine International Seafreight Forwarders Association (PISFA) wants streamlined procedures on the imposition of penalties for late submission of cargo consolidated manifests. At last…

MSC introduces Asia-South America East Coast route

Mediterranean Shipping Company will launch an Asia-South America East Coast (SAEC) trade lane called Ipanema that will provide a direct service between the two…

Panalpina hiring 3 regional CEOs to localize decision-making

Supply chain service provider Panalpina will place three regional CEOs (RCEOs) for its Europe/Middle East, Asia-Pacific and Americas operations to decentralize the decision-making power…

OOCL establishes New Zealand–Far East trade network

OOCL announced the launch of the New Zealand-Northeast Asia Express (NZN), a fixed-day weekly service developed through a vessel sharing agreement with CMA CGM.…

European shippers ‘concerned’ over MSC-CMA CGM tie-up

The European Shippers Council (ESC) expressed “interest and concern” over the partnership between MSC and CMA CGM on key trades, citing the need for…