PPA pilots digital accreditation of port service providers

The Philippine Ports Authority (PPA) is pilot-testing the automated processing of the accreditation of port service providers at the port management offices (PMO) of…

Container shipping feels growing pressure from trade war, falling Asian exports—BIMCO

In the first nine months of the year global container volumes rose 1% to 126.3 million TEUs, up just 1.3 million TEUs from the…

Mitsubishi Shipbuilding christens ship for Tokai Kisen

Mitsubishi Shipbuilding Co., Ltd, a member of Mitsubishi Heavy Industries, Ltd. (MHI) based in Yokohama, conducted on November 27 a christening and launch ceremony…

Chinese shipbuilders complete merger

China has announced the completed merger of China Shipbuilding Industry Corporation (CSIC) and China State Shipbuilding Corporation Limited (CSSC) on November 26. The reorganized…

IMO bares latest progress in meeting ship emissions targets

The International Maritime Organization (IMO) announced that its working group has made significant progress in helping shipping meet greenhouse gas (GHG) emissions reduction targets,…

DTI eyes overhaul of seafreight forwarding rules

The Department of Trade and Industry (DTI) is looking at revising rules on sea freight forwarding, including imposing higher paid-up capital requirement for some…

ICTSI Croatia announces new intermodal service at Port of Rijeka

Adriatic Gate Container Terminal (AGCT), the Croatian subsidiary of International Container Terminal Services, Inc. (ICTSI) at the Port of Rijeka in Croatia, welcomed the…

IMO bares latest progress in meeting ship emissions targets

The International Maritime Organization (IMO) announced that its working group has made significant progress in helping shipping meet greenhouse gas (GHG) emissions reduction targets,…

ICTSI proposal for Iloilo ports meets PPA requirements

International Container Terminal Services, Inc.’s (ICTSI) unsolicited proposal to modernize and develop the Iloilo Port Complex and the Port of Dumangas in Iloilo province…

Ti report identifies top 5 threats to supply chains

External threats to supply chains have received considerable attention following well-publicized natural disasters, terrorist action, piracy and cyber attacks. A new report by Transport…

Harbor Star reverses course, posts P140M loss in first nine months

Marine services provider Harbor Star Shipping Services, Inc. (HSSSI) reported a loss of P139.752 million in the first nine months of 2019 from a…

Smaller loss, bigger revenues for Lorenzo Shipping in first 9 months

Domestic carrier Lorenzo Shipping Corporation (LSC) posted a net loss of P173.3 million in the first nine months of 2019, lower than the P188.9…

Maersk reports improved earnings; Hapag-Lloyd achieves ‘respectable results’

Despite lower container demand, A.P. Moller-Maersk reported improved profitability across the business in the third quarter, while Hapag-Lloyd achieved good results in the first…

Manila South Harbor completes yard 2 expansion

Around 5,000 twenty-foot equivalent units (TEUs) of static cargo space has been added at Manila South Harbor following completion of the expansion of Container…

AISL: foreign carriers ready to comply with IMO 2020

Members of the Association of International Shipping Lines (AISL) are ready for the strict enforcement next year of the International Maritime Organization’s (IMO) global…

ICTSI declares 25% income growth for first 9 months

Port operator International Container Terminal Services, Inc. (ICTSI) reported a net income of US$204.968 million in the first nine months of 2019, 25% higher…

IMO launches free online reporting tool

The International Maritime Organization (IMO) has made available online and free of charge a tool used by software developers for creating systems for exchanging…

PPA uniform rules on port tariff out

Philippine Ports Authority (PPA) has issued uniform port tariffs for use as base tariff on contracts categorized as Tier 3 under the agency’s new…

Maersk looks to battery power to reduce fuel consumption

Global shipping service leader Maersk will install in a trial this December a containerized 600 kilowatt-hour (kWh) marine battery system on board the Maersk…

Study cautions against ban, regulation of foreign shipping line surcharges

Instead of an outright ban or regulation of surcharges imposed by international shipping lines, the Philippine government should draft rules to monitor such surcharges,…