SC asked to stop Davao-Sasa port modernization project

Concerned citizens and resort owners in Davao have filed with the Supreme Court (SC) a Writ of Kalikasan and temporary environmental protection order seeking…

Malaysia crafting master plan to revive local maritime industry

The government of Malaysia is working on a master plan to develop the country’s troubled domestic shipping industry in anticipation of the intensifying competition…

Some PH meat imports now require pre-clearance from Office of Customs Commissioner

The Bureau of Customs (BOC) has mandated that Philippine imports of meat products carrying a tariff of 10% and below must secure clearance from…

Moody’s lowers global shipping outlook to negative

In a move that is hardly surprising, global credit rating agency Moody’s Investors Service has changed its outlook on the global shipping sector to…

PH stakeholders press for implementing rules on IMO verified gross mass policy

Calls are mounting for the release of Philippine government guidelines concerning the International Maritime Organization’s (IMO) policy on verified gross mass (VGM), with effectivity…

Harbor Star inks deal to construct floating dry dock

Listed marine services provider Harbor Star Shipping Services, Inc. has signed an agreement with Guam Industrial Services, Inc. to establish a joint venture company…

BOC, Manila ports outline Lenten work schedule

The Bureau of Customs (BOC) and Manila international port operators have announced their operational procedures for the Holy Week. In a memorandum dated March…

Drewry: economies from mega ships offset by higher port, landside costs

A new study suggests that the economies of scale being derived from mega container ships are fast reaching their peak in terms of benefits…

HK’s new maritime and port dev’t agency opens April

The new Hong Kong Maritime and Port Board tasked to strengthen maritime and port development initiatives will be officially established in April 2016, according…

Mergers show way out for ‘distressed’ box shipping industry, says study

Further consolidation may be the only cure for the malaise afflicting the container shipping industry, whose shaky financial state will likely worsen in 2016,…

ICTSI 2015 net income down 64%

International Container Terminal Services, Inc. (ICTSI) reported a 64% decline in net income for 2015 to US$69 million in 2015 from $192 million in…

Implementing rules for TABS points scheme issued

Port operator International Container Terminal Services, Inc. (ICTSI) has released the implementing rules and regulations (IRR) as well as the user guide for the…

Auto importers without ATRIG get Mar 31 deadline to file for BIR permit

All Philippine importers of automobiles released from the custody of the Bureau of Customs (BOC) but not yet given an Authority to Release Imported…

APL makes changes to Subic network

Global carrier APL has decided to replace the service that regularly calls Subic Port. In an advisory, Subic Bay International Terminal Corp (SBITC) said…

Marina tops 2015 revenue targets

The Philippine Maritime Industry Authority (Marina) surpassed by a good margin its target revenues for 2015 while also beating target key performance indicators for…

Business as usual at Manila ports despite TABS protest

Manila terminal operators said their operations were not affected by the protest staged by some stakeholders against the Terminal Appointment Booking System (TABS). Around…

OOIL announces $284M profit in 2015 even as box liftings and revenue dip

Hong Kong-listed Orient Overseas (International) Ltd (OOIL) carved out a profit for 2015 of US$283.9 million, up from $270.4 million in 2014, even as…

CMA CGM to deploy 6 mega ships on Asia-USWC trade

French container shipping line CMA CGM will assign from end of May its flagship fleet of six 18,000-TEU vessels on the Asia-U.S. West coast…