THE Philippine Liner Shipping Association (PLSA) is advising shipping operators to go slow on vessel acquisition, saying the additional capacity may lead to cutthroat…
September 15, 2010
1 minute read
Operations of Lorenzo Shipping steady until 2013
LOCAL cargo carrier Lorenzo Shipping Corp (LSC) is keeping operations at its current pace at least for the next three years. The expected growth…
September 13, 2010
2 minute read
‘Ber’ months to help lift Solid Shipping volumes to 10% this year
LOCAL cargo carrier Solid Shipping Lines (SSL) is optimistic it can hit its 10% volume target for the year despite soft figures for July…
September 8, 2010
2 minute read
CTSI is logistics partner for 10.10.10 Run for the Pasig River
CTSI Logistics has been appointed official logistics partner of the 10.10.10 Run for the Pasig River set on October 10, 2010. CTSI will handle…
September 6, 2010
1 minute read
Local lines seek audit of North Harbor equipment
THE Philippine Liner Shipping Association (PLSA) is asking the Philippine Ports Authority (PPA) to audit cargo-handling equipment provided by Manila North Harbour Port, Inc…
September 6, 2010
2 minute read
ATS turns bullish, pushes refleeting
ABOITIZ Transport System (ATS) expects improved financial performance for the rest of the year, thanks to better passenger and cargo traffic as well as…
September 6, 2010
1 minute read
SMC shipping firm gets BOI incentives
THE Board of Investments (BOI) is extending incentives to the shipping arm of San Miguel Corp (SMC). SMC Shipping and Lighterage Corp (SMCSLC) —…
August 25, 2010
1 minute read
Montenegro Shipping buying 8 ro-ro vessels for P1 billion
ROLL on-roll off operator Montenegro Shipping Lines (MSL) is acquiring eight additional vessels worth about P1 billion in its bid to service more routes.…
August 25, 2010
1 minute read
ATS, RVSI merger gets SEC nod
THE Securities and Exchange Commission recently approved the merger of Aboitiz Transport System and wholly-owned subsidiary Reefer Van Specialists, Inc (RVSI). In a disclosure,…
August 23, 2010
1 minute read
Marina bats for shipping industry’s full deregulation
THE Maritime Industry Authority (Marina) is pushing for full deregulation of the country’s shipping industry in keeping with Republic Act 9295 or the Domestic…
August 23, 2010
1 minute read
Keppel income down 35% in first semester
SHIPYARD operator Keppel Philippines Marine, Inc (KPMI) posted a 35% decline in net income for the first six months of the year to P229,611…
August 18, 2010
1 minute read
Nenaco income dips 14% in first semester
DOMESTIC shipping operator Negros Navigation Co (Nenaco) reported a 14% drop in net income to P175.2 million in the first half of the year…
August 16, 2010
1 minute read
Maersk offers new way to ship bananas
MAERSK Line has opened up new markets worldwide for Philippine banana exporters with the introduction of StarCare, an exclusive reefer container technology. The technology…
August 11, 2010
1 minute read
ATS sees net loss of P152M in first half
ABOITIZ Transport System (ATS) registered a net loss of P152 million for the first semester due to higher operating expenses and limited capacity. While…
August 9, 2010
1 minute read
2GO ups freight capacity by 15%
2GO, the logistics arm of Aboitiz Transport System (ATS), is increasing its freight capacity by 15% this month with the full operation of its…
August 9, 2010
1 minute read
Wingspeed Shipping keeps US dream alive
AS it enters its 17th year in the logistics industry, Wingspeed Shipping Corp (WSC) is training its sights on something big: the US market.…
August 4, 2010
2 minute read
Marina eyes cap to operation of chartered vessels
THE Maritime Industry Authority (Marina) is looking at limiting the period of time chartered foreign-flagged vessels may operate on local shores. Marina administrator Emerson…
August 4, 2010
1 minute read
North Harbor truckers see temporary setbacks ahead but still generally optimistic
MEMBERS of the Integrated North Harbor Truckers Association (INHTA) are optimistic of achieving a 20% increase in cargo volume for 2010, the same growth…
August 2, 2010
1 minute read
Maritime group pushes ban on vessel imports
A group of naval architects and marine engineers is helping prepare a shipping industry road map — with emphasis on shipbuilding — for submission…
August 2, 2010
2 minute read
Marina balks at joint vessel inspection with PCG
THE Maritime Industry Authority (Marina) is against a joint vessel inspection with the Philippine Coast Guard (PCG). The initiative — as proposed by the…
