Marina favors SBSR development over gov’t takeover of Hanjin

The Maritime Industry Authority (Marina) is recommending developing and upgrading the ship building and ship repair (SBSR) industry to enable local shipyards to expand…

Inter-agency order to address high shipping costs, port congestion in PH

Several Philippine government agencies are targeting to issue a joint administrative order (JAO) on February 14 that would contain measures aimed at addressing high…

Decade-long domestic shipping upgrade needs P45B to execute

Modernizing and upgrading inter-island shipping in support of the Philippine Nautical Highway Development (PNHD) will require an estimated P45.155 billion to implement over a…

Hanjin site eyed as PH eco-industrial maritime hub

The Subic facility of failed shipbuilder Hanjin Heavy Industries and Construction-Philippines, Inc. (HHIC-Phil) may be considered as a possible location for the country’s first…

New programs to boost SG’s global maritime hub status

Singapore has introduced two initiatives to strengthen its maritime industry—the Singapore War Risks Insurance Conditions (SWRIC) and the development of an inter-operability framework for…

10-year plan for a competitive PH maritime hub detailed

The Maritime Industry Authority (Marina) aims to make the Philippines a global maritime hub by implementing a five-pronged action plan under one of several…

Subic container terminals post milestone, handle 200,000th TEU

Subic Bay International Terminal Corp. (SBITC) capped 2018 with a milestone as New Container Terminals (NCT) 1 and 2 at the Subic Bay Freeport…

PCC clears way for Chelsea acquisition of Trans-Asia

The Philippine Competition Commission (PCC) will no longer take further action on Chelsea Logistics Holdings Corp.’s (CLHC) proposed acquisition of 2 million common shares…

Gov’t mulling slew of rescue options for Hanjin PH

Several options, including government takeover, are being considered by the Philippine government to help ailing shipbuilder Hanjin Heavy Industries and Construction-Philippines, Inc. (HHIC-PHIL), which…

OCEAN Alliance agreement extended

The four member shipping lines of the OCEAN Alliance—CMA CGM, Cosco Shipping, Evergreen, and OOCL—have agreed to extend their partnership from five years to…

OCEAN Alliance rolls out third phase of product refinements in April

The OCEAN Alliance has announced the launch this year of the third phase of its further refinements to the product mix. CMA CGM said…

Drewry predicts improved supply-demand balance as mega ship purchases ease

Ocean shipping lines have lost the urge to order more ultra-large container vessels as they become increasingly focused on investing in becoming all-around supply…

PCC seeks stakeholders’ views on ICTSI-North Harbour deal

The Philippine Competition Commission (PCC) is inviting stakeholders and interested individuals to comment on the proposed acquisition by International Container Terminal Services, Inc. (ICTSI)…

As volume rises 25%, Batangas terminal installs new equipment

Port operator Asian Terminals Inc. (ATI) has deployed additional modern equipment at the Batangas Container Terminal (BCT), including two new ship-to-shore (STS) cranes and…

Bunker delivery note amendments come into force as IMO2020 looms

Amendments to the bunker delivery note relating to the supply of marine fuel oil to ships that have fitted alternative mechanisms to address sulfur…

Incentives needed to strengthen BIMP-EAGA transport routes—MinDA

A policy package for potential investors is being proposed to ensure transport linkages within the Brunei Darussalam, Indonesia, Malaysia, Philippines-East ASEAN (Association of Southeast…

Delaying compliance with ballast water regulation could be costly, says Bimco

Ocean vessel owners should not put off installing a ballast water management system, as delaying could lead to bottlenecks and additional costs, advises the…