HMM signs LOIs with 3 shipyards to build 20 mega box ships
South Korean leading container shipping liner Hyundai Merchant Marine Co. (HMM) has signed separate letters of intent (LOIs) with the country’s three major shipbuilders…
PPA adds more ports to its integrated management network
The Philippine Ports Authority (PPA) has rolled out its integrated management system (IMS) in more ports in the country to facilitate vessel entrance and…
The Philippines’ Maritime Industry Authority (Marina) recorded revenues of P901.121 million in 2017, 21% lower than the P1.14 billion generated in 2016 but 3%…
Indonesia junks rule to use local ships for import, export of commodities
The Indonesian government has scrapped a regulation that requires the use of Indonesian ships to export and import certain commodities. Trade Minister Enggartiasto Lukita…
SoKor commits $172M loan for planned Cebu box terminal
The Philippines and South Korea have signed a US$172.64-million loan agreement for the construction of a new international container port in Cebu that will…
CMA CGM taps startup to embed AI on board its ships
French container shipping line CMA CGM announced its collaboration, since the beginning of the year, with Shone, a San Francisco-based startup that specializes in…
Strong shipping demand may slow as economy peaks in 2018—Bimco
The shipping industry is benefiting from world economic growth and high trade multipliers through higher trade volumes, but the economy may have peaked and…
Marina adds more conditions for foreign ships to operate in PH
The Maritime Industry Authority (Marina) is imposing additional conditions for foreign-registered ships to be permitted temporary operation in Philippine territory. Marina administrator Rey Leonardo…
Harbor Star wins P118M barge contract for Cebu link expressway
Marine service provider Harbor Star Shipping Services, Inc. (HSSSI) has been awarded the P118-million contract to provide two specialized barges for use in the…
Zim carries record freight but sustains wider loss
Despite higher revenues and strong volumes, Zim Integrated Shipping Services reported a deeper net loss in the first quarter of 2018, adversely affected by…
The International Chamber of Shipping (ICS) said it fears “chaos and confusion” unless the International Maritime Organization (IMO) urgently resolves some serious issues concerning…
PH port environment policy to take effect on May 27
The Philippine Ports Authority (PPA) is adopting a policy that ensures port activities have minimal adverse impact on the environment and that all aspects…
Port of Manila district collector’s hands-on approach boosts port efficiency, collections
Putting in place systems that promote efficiency and micromanaging daily operations are the approaches taken by Bureau of Customs-Port of Manila (POM) district collector…
PPA releases new schedule for higher cargo-handling tariff at Manila ports
The Philippine Ports Authority (PPA) has issued the revised schedule of cargo-handling tariff at Manila South Harbor and Manila International Container Terminal (MICT) that…
Starlite Ferries introduces new Matnog-Allen swing
Starlite Ferries Inc. (Starlite), a wholly owned subsidiary of Chelsea Logistics Holdings Corp. (CLC), has launched daily services on the route between Matnog in…
