BOC eyes creation of maritime trading district in Manila

The Bureau of Customs is making a big push for the creation of the Port of Manila Maritime Trading District (PMTD), which the agency…

Maersk group registers loss of $1.9B in 2016

Shipping and oil conglomerate A.P. Moller-Maersk recorded a loss of US$1.9 billion in 2016 from a profit of $925 million in 2015, saying its…

Hamburg Sud enters slot purchase deal with Maersk on East-West trades

Danish shipping line Maersk Line has concluded a slot purchase agreement with Hamburg Sud involving shipping the latter’s volumes on the East-West trades on…

$23B infra projects proposed to improve BIMP-EAGA links

Implementing a total of US$23 billion worth of priority infrastructure projects that are designed to strengthen connectivity between Brunei, Indonesia, Malaysia, and the Philippines…

New BOC unit to identify suspicious containers at Manila port

The Philippine Bureau of Customs (BOC) launched on Feb 2 its Container Control Unit (CCU), an office that will focus on preventing illicit trade…

Shipping sector airs worries as sulfur emission cap deadline nears

Stakeholders in the shipping industry are suggesting additional measures to ensure that the transition to the new sulfur emission norms that will come into…

Court to pull plug on Hanjin Shipping Feb. 17

A Seoul court is set to announce this month the bankruptcy of South Korea’s former top ocean box carrier Hanjin Shipping, paving the way…

Wan Hai Lines strengthens trans-Pacific services

Taiwanese ocean carrier Wan Hai Lines intends to launch two trans-Pacific services in April through a vessel sharing agreement (VSA). It also plans to…

PH Coast Guard patrols in southern PH to intensify amid slew of pirate attacks

The Department of Transportation (DOTr) has directed the Philippine Coast Guard (PCG) to increase its presence and conduct more patrols in the waters off…

Asian Terminals empowered to handle berth assignments at Batangas port

Starting February 1, port operator Asian Terminals Inc. (ATI) will have the authority to approve and issue berth assignments at the Port of Batangas…

Davao City-GenSan-Bitung service ready for April 28 launch

Agricultural products will be among the first batches of cargoes to be transported on the new shipping route to be launched in April between…

Sinotrans kicks off weekly Subic-China service

Sinotrans Container Lines has started weekly calls to Subic port through its China Philippines Feeder (CPF) service. Sinotrans, in an agreement with Taiwan-based Wan…

Harbor Star Shipping’s new tugboat cleared for registry

The request of Harbor Star Shipping Services, Inc. (HSSI) for the Philippine registry of its latest acquired tugboat, to be used for the marine…

Newbuild contracting sank to 30-year low last year

Contracting activity for newbuilds in 2016 fell to its lowest level in over 30 years in numerical and tonnage terms, according to Clarksons Research.…

Zim set to launch upgraded trans-Pacific network in April

Israel-based Zim Integrated Shipping Services has unveiled the details of its revised and expanded network for the trans-Pacific trade that it will kick off…

Yang Ming outlines financial recovery plan

Taiwanese ocean carrier Yang Ming Marine Transport has laid down a broad, multi-pronged action plan, backed by government support, to undertake a large capital…

Batangas Port books record car imports last year

Batangas Port, two hours south of Philippine capital Manila, capped 2016 with a record-breaking performance, handling over 200,000 completely built imported car units (CBUs)…

Mindanao Container Terminal throughput rebounds with 20% growth in 2016

Container traffic at Mindanao Container Terminal (MCT) grew 20% to 212,678 twenty-foot equivalent units (in 2016 from 177,217 TEUs in 2015, data from the…

Davao City-General Santos-Bitung sea lane slated for launch in April

A new, shorter sea route between the Philippines and Indonesia will open up in late April, the project expected to enhance connectivity between the…

OOIL refutes OOCL bid reports

Hong Kong-listed Orient Overseas (International) Limited (OOIL), operator of box carrier Orient Overseas Container Line (OOCL), announced that it is not aware of or…