SBMA revenue up 12% in 2015

SUBIC BAY FREEPORT—The Subic Bay Metropolitan Authority (SBMA) posted P1.7 billion in earnings before interest, tax, depreciation and amortization in 2015. SBMA chairman Roberto…

PCCI, PhilExport join growing protest against online container booking system

Opposition to the Terminal Appointment Booking System (TABS) is mounting with a coalition of customs brokers threatening to stage a one-week protest action to…

ATI: South Harbor’s truck handling rate up 20% with online booking

Since implementing the Terminal Appointment Booking System (TABS) in October last year, truck transactions at the Manila South Harbor have increased, achieving a quicker…

Box ships slacken in service reliability

Container liners slipped in punctuality for January, registering a bad start to the year, according to a global research service provider. Box carriers last…

Carriers seek PH guidelines specific to IMO container weighing rule

The Association of International Shipping Lines (AISL) is requesting the Philippine Ports Authority (PPA) to issue an order that collates all previous rulings on…

Hapag-Lloyd reaps profit and APL narrows losses despite challenging conditions

German box liner Hapag-Lloyd said it made a profit in 2015 in line with expectations, while Singapore-based Neptune Orient Lines (NOL) said it was…

Cebu port revises storage rates for foreign cargoes starting Feb 24

The Cebu Port Authority (CPA) is adjusting storage rates on foreign cargoes at the Cebu International Port (CIP) beginning February 24. The revision in…

Bidding for P20B Davao-Sasa port postponed for the third time

The submission date for bids to the P19.8-billion Davao-Sasa port modernization project has again been moved by the Department of Transportation and Communications (DOTC)…

New Chinese shipping giant officially formed

China Cosco Shipping Corporation Limited, a new company established by the restructuring of China’s top two shipping firms, was officially established on February 18.…

PH ports suffer 33% drop in 2015 cargo throughput

Cargo volume handled by Philippine ports in 2015 dropped 33% to 141.498 million metric tons (mmt) in 2015, down from the 221.241 mmt recorded…

PPA allows online application for certain port permits

Port stakeholders can soon apply and process permits for port ancillary service and vehicle or port users’ pass online using the Philippine Ports Authority…

Standard & Poor’s predicts more miseries for box shipping

Rating agency Standard & Poor’s forecasts that global container shipping will continue to face difficult operating conditions over the coming year, characterized by fragile…

PH online truck booking points payment scheme to start by mid-March

Manila’s international container terminals will activate by mid-March two additional functions under the Terminal Appointment Booking System (TABS)—the points payment system and the terminal…

Aquino signs order giving teeth to drive vs PH maritime transport security risks

The Philippine government has issued a new measure that reinforces the country’s international commitment to fighting security threats against the maritime transportation system. Executive…

Trade imbalance balloons for East-West lanes

Global two-way container traffic grew by just 1.4% in full-year 2015, largely pushed down by the widening trade imbalance for the East-West trades, according…

Maersk Line reports plunging 2015 profits, expects worse in 2016

Danish box shipping giant Maersk Line said its profits in 2015 were sliced close to half from 2014 as it described its struggles last…

MCC Transport starts direct feeder call to Cebu port

Singapore-based carrier MCC Transport is now calling Cebu port, offering direct import and export services to and from key ports in the intra-Asia region.…

10 new Coast Guard patrol vessels for delivery over next 2 years

The delivery of vessels from Japan intended to help the Philippine Coast Guard (PCG) conduct maritime law enforcement activities more effectively will start from…

MCC launches self-service booking platform

Intra-Asia carrier MCC Transport has introduced a new online portal that enables clients to easily book and document cargoes. My MCC (my.mcc.com.sg), the carrier’s…

Maersk Line combines regional offices, moves Asian HQ to HK

Danish shipping behemoth Maersk Line is merging its two largest Asian operations into one Asia-Pacific head office, cutting down the number of its regional…