Cagayan de Oro, Balingoan ports to raise cargo-handling rates
The Philippine Ports Authority (PPA) has approved cargo-handling rate increases for the ports of Cagayan de Oro and Balingoan, both in Misamis Oriental. The…
Hamburg-based Hapag-Lloyd will apply a sulfur transition charge to short-term contracts to offset the additional costs from complying with the International Maritime Organization’s (IMO)…
Drewry predicts sharp drop in 2019 container production as inventory grows
Total shipping container production is expected to decline by 36% in 2019 compared to 2018 as factory inventory continues to grow, forecasts Drewry, noting…
Maersk partners with industry peers and customers to develop low-carbon fuel
A.P. Moller-Maersk has formed a coalition that will explore LEO—a blend of lignin and ethanol—as a potential part of the future solution for sustainable…
MARINA partners with classification society for ship certification services
The Maritime Industry Authority (MARINA) has delegated the task of statutory certification of Philippine shipping companies and Philippine-registered ships, as well as related mandatory…
A.P. Moller-Maersk says it will focus on the development of three particular kinds of fuel as it moves toward carbon-neutral shipping. The Danish shipping…
The Philippines will soon have admiralty courts with the Supreme Court (SC) recently resolving to adopt rules of procedure for maritime cases. The rules…
PPA may start bidding out port contracts under new guidelines by Nov
The Philippine Ports Authority (PPA) is expected to begin bidding out port management contracts next month under its new terminal management policy. This comes…
Solid growth in Q3 for Maersk and OOCL; Maersk raises EBITDA outlook
Both A.P. Moller-Maersk and Orient Overseas (International) Limited (OOIL) reported solid results in the third quarter of the year for their respective shipping businesses,…
Ports go on high alert until Nov 10 for Undas break
Philippine ports are on heightened alert until November 10 as the Philippine Ports Authority (PPA) prepares for the expected influx of passengers in view…
International Container Terminal Services Inc. (ICTSI) has formally inaugurated two new berths at Basra Gateway Terminal (BGT) in Umm Qasr, Iraq, allowing the country’s…
Regulating foreign carriers’ charges among PCCI’s transport wish list
The Philippine Chamber of Commerce and Industry (PCCI) is supporting moves to regulate local charges imposed by international shipping lines operating in the Philippines.…
ICTSI Mexico expands capacity with new RTGs, quay cranes
Contecon Manzanillo S.A. de C.V. (CMSA), the Mexican subsidiary of International Container Terminal Services, Inc. (ICTSI), recently took delivery of a pair of quay…
A new bunker adjustment factor indexing mechanism is now available for shippers’ reference and guideline, announced Drewry. The maritime research and consulting service provider…
BOC launches Cargo Targeting System; no penalties yet for non-compliance
The Bureau of Customs (BOC) launched on October 16 the Cargo Targeting System (CTS), a World Customs Organization (WCO) enterprise solution, which will allow…
