Agreement to international ruling seen easing PH ship registration
The Philippine Maritime Industry Authority (Marina) is optimistic the country’s recent accession to the Maritime Labor Convention (MLC) of 2006 will ease ship registration…
Subic’s NCT1 and 2, gateways and not spillover terminals — ICTSI
International Container Terminal Services, Inc (ICTSI) continues to have a positive outlook on its Subic terminals despite their low capacity utilization. “We firmly believe…
MCC Transport sees more business with Batangas service
MCC Transport has seen increased business and greater customer satisfaction due to its direct service to Batangas port, about 110 kilometers from the Philippine…
CMA CGM, the world’s third largest container shipping group, reported a net profit of US$178 million for the second quarter of 2012 against $74 million…
Subic Bay Metropolitan Authority (SBMA) is proposing an incentive program for logistics players to help transform the freeport into a major player in the…
The leased container equipment fleet grew strongly in 2011, and the outlook for 2012 is similar. But nowadays it is the equipment-leasing companies, rather than…
Oakland, CA– Container shipping lines in the Westbound Transpacific Stabilization Agreement (WTSA) have announced a recommended general rate increase (GRI) that will apply to…
Evergreen Marine Corp., operator of one of the world’s largest container fleets, saw its first quarterly profit after three straight quarterly losses. The positive…
Increased global throughput, bigger ships pose challenge to port industry
The global port industry faces many challenges such as capacity expansion, improvement of safety and security level, and logistics and environment issues, according to…
Low sulfur component now part of US-Asia container lines’ bunker charge
Oakland, CA — Member container shipping lines in the Westbound Transpacific Stabilization Agreement (WTSA) will add a new component to their bunker fuel charges,…
Wan Hai Lines is to restructure its Asia-Mexico/West Coast South America (WCSA) route by dropping its own new service and providing three separate services…
TSA bunker charge to include low-sulfur fuel component
Oakland, CA – A new international protocol, requiring vessels to reduce sulfur oxide (SOx) emissions by burning low-sulfur fuel within 200 miles of U.S.…
