New PISA chair unveils plans for a strong domestic shipping sector
The Philippine Inter-island Shipping Association (PISA) will push for the enactment of a Maritime Code and a long-term master plan that will guide the…
Fitch: Overcapacity threatens shipping recovery in 2018
International credit rating agency Fitch Ratings said its sector outlook for global shipping remains negative as the agency does not expect a material improvement…
OOCL adds Japan-Vietnam sling to intra-Asia network
Orient Overseas Container Line (OOCL) is introducing in mid-January a Japan-Vietnam loop as part of its strategy to enlarge its intra-Asia network. OOCL said…
ICS commends China’s support for IMO environmental regulations
The chairman of the International Chamber of Shipping (ICS) has praised the supportive role played by the Chinese government in the implementation of the…
IMO launches maritime technology cooperation network across 5 regions
The International Maritime Organization (IMO) has officially launched a global network of centers of excellence in marine technology that are expected to lead in…
DA solicits designs for building cargo ships for food items
Agriculture Secretary Emmanuel Piñol is reiterating his challenge to Filipino shipbuilders to submit designs and cost estimates for building cargo vessels that can handle…
Shipping industry needs new ship designs, technologies to achieve CO2 goals
The shipping industry recently concluded that the sector will need to design ships differently and be more technologically innovative to reach world climate goals…
Maersk obtains final regulatory approval to buy Hamburg Süd
Danish global shipping liner Maersk Line has gotten the final regulatory green light to acquire German carrier Hamburg Süd, announced A.P. Moller-Maersk November 30.…
Maersk strengthens executive board with 3 more appointees
A.P. Moller-Maersk has announced the appointment of three high-ranking officials to its executive board to strengthen the management of the company. The board will…
Box volume at Davao terminal seen to top 2017 target by up to 10%
Davao City, Philippines— Davao International Container Terminal (DICT) expects to surpass its 2017 target of 300,000 twenty-foot equivalent units (TEUs) as volumes improve with…
Marina tells PH-registered ships to address cyber risks
The Maritime Industry Authority (Marina) is requiring all shipping companies with Philippine-registered vessels to take into account cyber risk management in their safety management…
COP23 unveils campaign to include the ocean in the climate change agenda
The COP23 host country Fiji launched recently the Ocean Pathway Partnership toward formal recognition of the links between ocean and climate change in the…
MPA embraces new technologies to support over 4,600 ships
The Maritime and Port Authority of Singapore (MPA) is introducing service enhancements from November 2017 for the benefit of over 4,600 ships flying the…
More PH carriers sign up with online empty-container returns system
More shipping lines operating in the Philippines are now connected to GoFast, the web-based system of the Association of International Shipping Lines (AISL) that…
Hapag-Lloyd delivers higher profit as UASC synergy brings gains
German ocean liner Hapag-Lloyd closed the third quarter of 2017 with a significant positive group net profit and a much improved operating result (EBIT)…
Harbor Star profit dives 17% in first three quarters
Marine services provider Harbor Star Shipping Services, Inc. (HSSSI) reported a profit of P68.439 million for the first nine months of 2017, 16.8% lower…
9% hike in Batangas terminal cargo handling fees gets green light
The Philippine Ports Authority (PPA) has approved a 9% increase in cargo-handling charges for foreign containerized cargoes at Batangas Container Terminal (BCT) effective November…
BOC probing big disparity between China and PH trade figures
The Philippine Bureau of Customs (BOC) is now checking the massive gap it has uncovered between China’s recorded export volumes to the Philippines and…
