Customs modernization act may be signed into law this week – Lina

The Customs Modernization and Tariff Act (CMTA) may be signed into law by Philippine President Benigno Aquino III this week, Customs commissioner Alberto Lina…

Harbor Star subsidiary snags Malaysia charter contract

Malaysian tugboat and marine services provider Peak Flag Sdn. Bhd., a subsidiary of Philippine-based Harbor Star Shipping Services, Inc., has secured a two-year charter…

Zim trims fat to build ‘lean, agile enterprise’

Israeli shipping line Zim Integrated Shipping Services has announced sweeping changes to its organizational structure as part of a strategy to “build a lean…

Bicameral committee approves Customs modernization act

The Customs Modernization and Tariff Act (CMTA) has finally been approved by the Philippine Congressional Bicameral Conference Committee, one step away from the measure…

3 Palawan port zones under PPA control

President Benigno Aquino III has expanded the jurisdiction of the Philippine Ports Authority (PPA) with three new port zones in Palawan. Aquino on January…

Right-of-way issue derails signing of P1B Manila-Laguna cargo train project

The signing of the P1-billion cargo rail project that will connect the Manila International Container Terminal (MICT) to a Laguna off-dock facility using the…

PH carriers asked to cut rates to reflect reduced oil costs

It’s time for Philippine shipping lines to cut their rates since fuel prices are now at the lowest they have been in a dozen…

MOL anticipates $1.4B net loss for FY2015

Japanese ocean carrier Mitsui O.S.K. Lines (MOL) announced it expects to book a loss for its fiscal year 2015, a reversal of its earlier…

Logistics industry more cheery but it might just be seasonal, says report

Stakeholders in the logistics sector showed a happier disposition in their outlook for January than they did a month ago, tallying up a score…

Indonesia addresses high logistics costs in ninth economic policy package

The Indonesian government has issued the ninth economic policy package which aims to deregulate the logistics industry to combat the country’s high logistics costs…

Trucks enrolled in TABS officially get truck ban exemption

Trucks participating in the Terminal Appointment Booking System (TABS) have finally been granted exemption from the truck ban by the Metro Manila Council-Special Traffic…

Box shipping’s ‘new normal’ demand growth lower than expected, says Bimco

Container shipping posted sluggish volume growth in 2015 that did not translate to higher freight rates, as both box and global gross domestics product…

BIR centralizes processing of applications for authority to release imported goods

Philippine importers of excisable products must now apply for the Authority to Release Imported Goods (ATRIG) only with the head office of the Bureau of…

Davao port project bidder bows out

The Philippine government is hoping to convince the consortium that pulled out from the bidding of the Davao-Sasa Port Modernization project to reconsider its…

Port of Subic container volume up 59% in 2015

Container throughput at the Port of Subic in northern Philippines jumped 59% in 2015 to 123,558 TEUs twenty-foot equivalent units (TEUs) from 77,618 TEUs…

Marina, CAB get much higher budgets for 2016

The Philippine government has increased the budgets and set goals for the country’s maritime and aviation agencies for 2016. Under the General Appropriations Act…

ICTSI upgrades BCT intermodal facility, set to open Congo terminal in mid-2016

International Container Terminal Services, Inc (ICTSI) subsidiary Baltic Container Terminal (BCT) has completed its railway terminal modernization project in the Gdynia, Poland facility last…