ATI first-half net income soars 16.8% on higher box volumes
Listed port operator Asian Terminals Inc. (ATI) said its first-semester results got a boost from the sustained growth of international containerized cargoes at its…
Yang Ming slices Q2 net loss 90% on stronger volumes, sales
Taiwan’s Yang Ming Marine Transport Corporation reported narrowing its net loss in the second quarter of 2017 both year-on-year and quarter-on-quarter as volumes rose…
Chelsea Logistics seeks out port development, takeover deals
Newly listed Philippine company Chelsea Logistics Holdings Corp. (CLC) is on the lookout for opportunities to go into port development and acquire other logistics…
ICTSI delivers 24% growth in income for first semester
Port operator International Container Terminal Services, Inc. (ICTSI) reported a 24% increase in net income to US$115.117 million in the first half of 2017,…
Marine shipping company Chelsea Logistics Holdings Corp. (CLC) recently debuted on the Philippine Stock Exchange with an oversubscribed initial public offering of common shares,…
A 14-member group of South Korean shipping companies has been formed to boost the liners’ competitiveness particularly in the Asian region in the wake…
Roberto Umali has tendered his resignation as a director of Philippine domestic carrier Lorenzo Shipping Corp. (LSC) effective immediately. In a disclosure to the…
President Rodrigo Duterte “expressed full confidence” in Customs Commissioner Nicanor Faeldon, amid the Bureau of Customs (BOC) being questioned by Congress over the P6.4-billion…
Box shipping liner Orient Overseas Container Line (OOCL) recorded higher volumes and revenues for both the second quarter and second half of 2017, according…
