Manila South Harbor breaks through 1M-TEU barrier in Dec

Port operator Asian Terminals Inc. (ATI) said it is capping 2016 on a high note, bannered by record-breaking volume, highest terminal productivity, and fastest…

Taiwan seeks tie-up with Subic to boost transhipment volumes

The Taiwan Maritime and Port Bureau (TMPB) has expressed interest in partnering with the Subic Bay Maritime Authority (SBMA) to increase container transhipment traffic…

Global registry marks first year of PH operations

A year after operating in Manila, the Philippine office of International Registries, Inc. (IRI) bared plans not just to serve more Filipino seafarers, but…

Shipping confidence on the upswing despite challenges

The confidence of the shipping industry improved for the third successive quarter in the three months to end-November 2016, reaching a 15-month high since…

Box trade growing fastest within Asia, slowest on East-West lane

Intra-regional trade, particularly in Asia, has been growing the fastest among container trade lanes since 2000, while the main East-West route has posted the…

K Line launches intra-Asia service; CMA CGM expands US network

Kawasaki Kisen Kaisha (“K” Line) is introducing this month an intra-Asia containership service giving new direct connections between China and Southeast Asia. The China…

Zim announces revised trade services from April

Israel-headquartered Zim Integrated Shipping Services said it is restructuring its main services on major trades starting April 2017 to offer an improved network and…

Freight rates to rise in 2017 despite shipping challenges—Drewry

Ocean freight rates for cargo moving under contracts on the major East-West trade routes are likely to start increasing next year, the first year…

PPA eyes cheaper gov’t-funded Davao-Sasa port upgrade plan

The Philippine Ports Authority (PPA) Board has approved a request to abandon the P19.8-billion plan to redevelop Davao-Sasa port and will instead review a…

THE Alliance cleared to operate on US waters

The proposed liner consortium of five ocean carriers called “THE Alliance” becomes effective on December 19, 2016 after it recently received the green light…

ICTSI to build $30M Manila-Cavite barge terminal

Port operator International Container Terminal Services, Inc. (ICTSI) will construct the Philippines’ first barge terminal for shipping containers between the Port of Manila and…

BOC-MICP bares leading revenue contributors

On its 38th founding anniversary, the Bureau of Customs (BOC)-Manila International Container Port (MICP) presented the list of the top importers, brokers, and deconsolidators…

SBMA sets forth 6 mega logistics projects for Subic freeport

Subic Bay Metropolitan Authority (SBMA) chairman Martin Diño is proposing six major projects worth P140 billion, which include new cargo terminals, roads, and bridges,…

Airline industry outlook stable but shipping beset by oversupply, says Moody’s

Credit rating agency Moody’s Investors Service says the outlook for the global airline industry in 2017 is stable, but pronounces the prospects for the…

Manila North Harbour eyes 9% higher volume in 2016

Port operator Manila North Harbour Port, Inc. (MNHPI) expects to close the year with a 9% increase in cargo volume to 1.2 million twenty-foot…

PH ports agency to revive shelved efforts to ratify FAL Convention

The Philippines, through the Philippine Ports Authority (PPA), is resuscitating plans to adopt the Facilitation of the International Maritime Traffic Convention of 1965, popularly…

Hyundai Merchant enters into a limited tie-up with 2M

South Korea’s Hyundai Merchant Marine (HMM) failed to strike a deal for full membership into 2M, the world’s largest container shipping alliance, settling instead…

Study: Cap capacity at Manila ports to disperse cargo traffic to Subic, Batangas

A new study published by a Philippine government think tank believes that limiting future expansion plans at Manila ports and directing shippers to increase…

Verdan returns to head Cebu Port Authority

Philippine maritime and aviation veteran Angelo Verdan has resumed his post as general manager of the Cebu Port Authority (CPA) starting December 1, with…