PH ports see 7.4% hike in first-half volume

Cargo volume handled by Philippine ports in the first semester of 2017 rose 7.42% due to a favorable business climate, according to the Philippine…

Cebu port cargo throughput 8.4% higher in first half

Cargo volume at Cebu’s port increased 8.4% in the first half of 2017 to 18.971 million metric tons (mmt) from 17.502 mmt in the…

Chelsea Logistics contemplating takeover of ferry operator

Chelsea Logistics Holdings Corp. (CLC) has signed a memorandum of understanding (MOU) to buy 100% shares of stocks from the owners of ferry company…

Chelsea Logistics welcomes cap on age of imported passenger vessels

Chelsea Logistics Holdings Corp. (CLC) said it supports the new Maritime Industry Authority (Marina) rule putting a cap on the age of imported passenger…

PH mission to Indonesia to rev up ro-ro trade

The Philippines, through the Department of Trade and Industry (DTI), is set to send a trade mission to Indonesia this month in a bid…

PH lawmaker bats for pre-shipment checks on container cargo

Expanding the pre-shipment inspection (PSI) to containerized cargoes will not only save the government billions of pesos in personnel recruitment costs but also solve…

Chelsea Logistics earnings up 93% in 1H 2017

Chelsea Logistics Holdings Corp. (CLC) reported a 93% surge in earnings in the first semester of 2017 to P399.8 million from P207 million recorded…

Hapag-Lloyd delivers higher earnings in the first half

German box carrier Hapag-Lloyd reported a significantly better operating result in the first half of 2017, supported by freight rate recovery as well as…

Marina advisory guides PH shipowners on VAT exemption rules

The Maritime Industry Authority (Marina) has adopted guidelines for Philippine domestic shipping owners and operators to follow when applying for an endorsement from the…

P129M investment in Polloc Freeport to accelerate Mindanao progress

Mindanao’s economic development will get a boost from the recent registration by port services operator Bangsamoro Terminal Services, Inc. (BTSI) with the Regional Board…

Solid demand growth reduces spot rate volatility

Freight rates are coming back from the abyss and becoming less erratic, as the fundamental balance improves amid rising demand and enhanced capacity control,…

BOC order specifies rules for AEO setup in PH

The Bureau of Customs (BOC) has issued the rules and regulations for the establishment of an Authorized Economic Operator (AEO) program in the Philippines.…

PH carriers against TABS at North Harbor

The Philippine Liner Shipping Association (PLSA) is opposing plans to implement a Terminal Appointment Booking System (TABS) at the Manila North Harbor (NH), saying…

PIL, PSA and IBM to trial blockchain technology solutions for SEA supply chain

Singapore-incorporated Pacific International Lines, global port operator PSA International, and IBM Singapore have agreed to explore and trial proof of concept (POC) blockchain-based supply…

Investment conference to identify business prospects in booming Northern Luzon

Expanding business opportunities in Northern Luzon, the Philippines’ emerging trade, investment and logistics hub, is the focus of the Northern Luzon Investors’ Conference on…

Marina imposes 20-year age cap on imported passenger vessels

The Maritime Industry Authority (Marina) has put an age cap of 20 years on passenger vessels to be imported into the Philippines as part…

Marina’s draft regulatory policy to govern ‘freewheeling’ harbor pilots

The Maritime Industry Authority (Marina) will be issuing a new policy to regulate the Philippine harbor pilotage sector and make harbor pilots compliant with…

PH carriers, PPA back bills liberalizing harbor pilotage

Shipping lines and the Philippine Ports Authority (PPA) are supporting bills seeking to liberalize harbor pilotage and create a regulating body for harbor pilots…

Mega newbuild OOCL Germany to serve Asia-Europe trade

Orient Overseas Container Line (OOCL) has recently christened its latest mammoth newbuilding, a 21,413-TEU vessel that will be deployed on the Asia-Europe trade lane.…

PH stakeholders support house bills on maritime safety conventions

Various stakeholders voiced their support for two bills that seek to implement protocols on maritime safety, security and pollution prevention during initial deliberations on…