NEDA ICC oks P9.3B Cebu International Port proposal

The proposed P9.3-billion Cebu International Port (CIP) to be situated in Barangay Tayud, Consolacion was approved by the National Economic and Development Authority (NEDA)…

$2.5M credit facility to spur Harbor Star expansion

Harbor Star Shipping Services, Inc. (HSSI) has signed a financing agreement for access to up to US$2.5 million in credit facility to fund the…

Confidence index shows modest rise as Hanjin woes fan rivals’ hopes

The confidence of the cargo transport sector continues to inch up slightly in September but remains in negative territory for the 12th month, according…

‘K’ Line lambasts bankruptcy rumors, threatens legal action

Japanese ocean carrier Kawasaki Kisen Kaisha, Ltd. or “K” Line has refuted allegations of potential bankruptcy and is mulling legal steps against the instigators…

PH carriers seek more methodical Marina vessel inspections

The Philippine Inter-Island Shipping Association (PISA) has called for a more organized conduct of ship inspections amid random checks by the Enforcement Service (ES)…

Maersk split-up unlikely to improve its growth prospects, says Fitch

The decision of A.P. Moller-Maersk A/S to divide itself into two independent segments is not likely to bring great benefits to the Danish shipping…

DOTr logistics plan eyes PH infra upgrade, ASEAN linkages

The Department of Transportation (DOTr) has identified several infrastructure projects and policy plans leading to the creation of a seamless multimodal transport system nationwide…

Management changes follow as Maersk group reorganizes

Following the decision to separate A.P. Moller-Maersk’s  businesses into two independent divisions, Transport & Logistics and Energy, the Danish shipping and oil conglomerate bared…

A.P. Moller-Maersk reorganizes businesses into logistics and energy segments

Danish shipping and oil giant A.P. Moller-Maersk A/S announced it is dividing its portfolio of businesses into two independent divisions—an integrated transport & logistics…

PPA unveils plans for National Maritime Week

The Philippine Ports Authority (PPA) has prepared a full line-up of worthwhile and productive activities as it gears up to lead the country’s celebration…

Canadian Chamber president visits Davao City, DICT

Davao City – The national president of the Canadian Chamber of Commerce of the Philippines (CanCham) Julian Payne recently travelled to Davao to check…

28 Hanjin ships complete cargo discharge

About one-third of the container ships operated by South Korea’s Hanjin Shipping Co. have completed their cargo unloading at ports around the world as…

Cebu Port Authority rewrites rules on verified gross mass

The Cebu Port Authority (CPA) has issued a new policy revising the implementation of the Safety of Life at Sea (SOLAS) Convention verified gross…

ICTSI Subic services largest vessel to call Subic port

Subic Bay International Terminal Corp.  (SBITC) recently serviced the largest container vessel to call at the New Container Terminals 1 & 2 at the Port of Subic, the APL Tourmaline.…

NEDA Board approves 9 projects worth P171B

The National Economic and Development Authority (NEDA) Board, at its first meeting under the new Duterte administration, approved nine projects worth P171.14 billion in…

New advisory body to map out 15-year strategy for Singapore’s maritime sector

The Maritime and Port Authority of Singapore (MPA) has established the International Maritime Centre 2030 (IMC 2030) Advisory Committee to chart the future directions…

HMM sets up alliance with Korean feeders for new SE Asia trade

South Korean ocean carrier Hyundai Merchant Marine (HMM) has created an operational alliance with three compatriot feeder operators with the intention of covering the…