Updated PH Orange Book on port safety effective Jan 14
The Philippine Ports Authority (PPA) will implement on January 14 the updated and revised version of its rule book on safety, health, and environmental…
Marina lists new IMO rules affecting carriers from 2016
The Maritime Industry Authority (Marina) is calling on overseas shipping companies registered in the Philippines to get ready for the enforcement of several International…
East-West freight rates retreated further in fourth quarter
Ocean contract freight rates on the major East-West trade routes saw another reduction in the last quarter of 2015, according to Drewry’s Benchmarking Club,…
Mindanao Container Terminal posts 11.5% box volume fall in 2015
Container traffic at Mindanao Container Terminal (MCT) fell 11.5% in 2015, its lowest volume in five years. Data from the Phividec Industrial Authority (PIA)…
The Philippine Ports Authority (PPA) will continue to pursue modernization of four key ports in Visayas and Mindanao, in addition to Davao-Sasa, with the…
The logistics industry demonstrated its lowest confidence level yet in reaction to the unremitting difficulties besetting the sector, according to the latest Stifel Logistics…
Cebu Port Authority lists facilities for proposed P19.3B container terminal
Targeted for construction next year, Cebu’s proposed P19.3-billion international container terminal will have two 250-meter berths and four quay cranes, according to the Cebu…
BIR ruling clears up VAT exemption for int’l cargo, passenger transport
A newly released ruling of the Bureau of Internal Revenue (BIR) clarified the coverage of value-added tax (VAT) exemptions for the passenger and cargo…
Box carriers’ sailing schedule reliability was unchanged in November as the average on-time performance across all trades slipped by just 0.8 percentage points against…
Volatility deflates shipping confidence over freight rate hikes
Overall confidence levels in the shipping industry fell in the three months to November 2015, with respondents expressing negative sentiment that freight rates will…
Box freight rates dipped to new lows in 2015, says report
Freight rates on the east-west trades experienced “devastation” this year, with new all-time lows recorded on the Asia-Northwest Europe (NWE) and U.S. East Coast…
Deadline for bids to P19.7B Davao port upgrade extended anew
The Department of Transportation and Communications (DOTC) has again moved the deadline for the submission of proposals for the P19.7-billion Davao-Sasa port modernization project…
Thai logistics industry’s revenue to balloon to $96B in 2019—Frost & Sullivan
Thailand’s logistics sector stands to benefit from the country’s ambitious plans to become a prominent player in the Association of Southeast Asian Nations (ASEAN)…
Manila South Harbor operator Asian Terminals Inc. (ATI) said it will not make changes to the Terminal Appointment Booking System (TABS) to, among others,…
Box carriers announce GRI on US-Asia trade as Asian demand wanes
Member box lines in the Transpacific Stabilization Agreement (TSA) are attempting a general rate increase (GRI) on dry cargo transported on the U.S.-Asia trade…
P9B Cebu container port to begin construction Q3 2016
Construction of the new P9.13-billion Cebu International Containerized Port could start by the third quarter of 2016, according to the chief of the Cebu…