Cavite Gateway Terminal inaugurated

The Philippines’ first container roll-on/roll-off (ro-ro) barge terminal, Cavite Gateway Terminal (CGT) in Tanza, Cavite province, was formally opened on November 22 by President…

CMA CGM logs volume, revenue growth but profit dives on fuel costs

French container shipping liner CMA CGM reported a volume growth of 5.5% in the third quarter compared to the same period in 2017, attributing the…

Hapag-Lloyd bares new focus for medium-term strategy through 2023

Global ocean carrier Hapag-Lloyd announced a new mid-term strategy for the next five years that is no longer centered on further consolidation but on…

Shipping sees improved profits or reduced losses, higher tech spending in next 12 months

Contained optimism about growth currently prevails in the global maritime industry even as stakeholders showed concerned about the potential impact of trade tensions, cyber…

Batangas Container Terminal handles record 200,00th-TEU cargo

Batangas Container Terminal (BCT) in southern Luzon has reached its 200,000th twenty-foot equivalent unit (TEU) cargo volume mark for the first time in a…

Top box carriers to create group to promote digitalization

Five of the world’s top container shipping companies are planning to form a group to spur the digitalization, standardization, and interoperability of the sector.…

Maersk announces growth across business, warns against US-China trade war impact

Danish logistics and shipping group A.P. Moller-Maersk said all business segments achieved revenue growth in the third quarter compared to the same period last…

ICTSI seeks to invest P5B in 2 Iloilo ports

International Container Terminal Services, Inc. (ICTSI) has submitted to the Philippine Ports Authority (PPA) an unsolicited proposal to develop two ports in Iloilo –…

2 jetties under construction to support Boracay’s rehab

The Philippine Ports Authority (PPA) is developing two jetties in Boracay to support maintenance of the rehabilitated island that was recently opened to tourist…

5 box carriers, 4 terminal operators initiate blockchain consortium

Nine global shipping industry players have agreed to create a blockchain consortium that will “enable the shipping industry to digitally transform and to prepare…

ICTSI net income for first three quarters up 3%

International Container Terminal Services, Inc. (ICTSI) reported a net income attributable to equity holders of US$153.3 million in the first nine months of 2018,…

Review of STCW seafarer training regime sought

The head of the International Chamber of Shipping (ICS) is calling for a comprehensive revision of the International Maritime Organization’s (IMO) International Convention on…

Report: Box shipping alliances limit shippers’ options, lower service quality

The International Transport Forum (ITF) in a new report said the alliance structure in container shipping has reduced shippers’ choices and lowered service levels,…

Veteran Navy ‘seadog’ named Marina OIC

Narciso A. Vingson, Jr. has been designated as officer-in-charge (OIC) of the Maritime Industry Authority (Marina) by Transportation Secretary Arthur Tugade. The appointment comes…

PH sees drop in trading across borders indicator in WB doing business report

The Philippines slipped 11 places to 124th out of 190 economies in the latest World Bank (WB) Ease of Doing Business report. Trading across…

2Go revives Manila-Davao service

Davao City—The 2Go Group, Inc. formally launched on Oct 28 its service reconnecting Manila and Davao. The reopening of the Davao-General Santos-Iloilo-Manila and vice…

PPA forms special takeover units to handle operations at 8 ports

The Philippine Ports Authority (PPA) has created port services units that will take over operations and cargo-handling at eight ports in the country once…

11 hurdle Marina’s harbor pilot licensing test

The Maritime Industry Authority (Marina) urged 11 newly minted harbor pilots to be competitive and reliable agents in ensuring maritime safety at all Philippine…

IMO adopts action plan to reduce marine plastic litter from ships

The International Maritime Organization (IMO) announced it has adopted an action plan that will address marine plastic litter from ships and introduce a number…