Yang Ming reports loss in first half despite volume, revenue growth
Taiwan-based ocean shipping company Yang Ming Marine Transport Corporation reported net losses for the second quarter and first half of the year but added…
Maersk reports strong gains in Q2, reaffirms 2019 forecast
Danish shipping and logistics group A.P. Moller-Maersk said it made “solid progress” in the second quarter by delivering profit above expectations, and reaffirmed its…
Cebu-based shipping companies have banded together to form a single organization with the aim of promoting development of the domestic shipping industry. Formally established…
AISL prepares for IMO 2020, notes cost implications
Members of the Association of International Shipping Lines (AISL) are gearing up for enforcement of an international regulation cutting sulphur content on marine fuel…
International Container Terminal Services, Inc. (ICTSI) reported a net income of US$146.070 million in the first half of 2019, 29% higher than the $103.904…
Sudan returns partial fee to ICTSI for uncompleted terminal deal
The Sudanese government has repaid part of the upfront fee it received from International Container Terminal Services, Inc. (ICTSI) after failing to turn over…
4 shipping lines deployed to Iloilo-Guimaras route
The Maritime Industry Authority (MARINA) has directed four shipping companies to serve the Iloilo-Guimaras route to accommodate current passenger traffic while it investigates the…
Batangas port container traffic surges 40% in first half
The Batangas Container Terminal (BCT) handled a record throughput of over 160,000 twenty-foot equivalent units (TEUs) in the first half of 2019, a volume…
Hapag-Lloyd improves H1 profit on higher volumes, freight rates
Germany’s largest container shipping liner Hapag-Lloyd has reported significantly higher earnings in the first half of 2019 as against the same period of the…
PPA suspends TABS bookings from Aug 9-10 to clear backlog
The Philippine Ports Authority (PPA) has suspended truck bookings into Manila South Harbor through the Terminal Appointment Booking System (TABS) from today (Aug 9)…
PPA requires accreditation for all port service providers
Starting August 7, all port service providers, including customs brokers, shipping lines and agent, freight forwarders and truckers, will have to secure accreditation from…
Indonesia’s state-owned port operator PT Pelabuhan Indonesia I (Pelindo I) has launched an application for booking ship tickets throughout Indonesia anytime and anywhere so…
Domestic cargo handling tariff at Cebu port up 20%
The Cebu Port Authority (CPA) will increase by 20% the cargo-handling rate for domestic cargoes calling the Port of Cebu. CPA Memorandum Circular (MC)…
PPA scraps weighing fee for containers, Ro-Ro cargoes
Starting January 1, 2020, terminal operators may no longer collect weighing fee on domestic outbound laden containers and roll-on/roll-off (Ro-Ro) cargoes, according to the…
