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Maritime

2765 posts

Harbour Centre accused of hoarding NFA rice

A consumer group is asking the National Food Authority (NFA) to look into allegations that port operator Harbour Centre Port Terminal Inc (HCPTI) is…
  • September 29, 2015
  • 2 minute read

PH maritime trade busy with more ships on shore

The number of domestic vessels plying Philippine waters increased 8.6% to 22,034 as of June 2015 from 20,280 in the same period last year,…
  • September 28, 2015
  • 4 minute read

Harbor Star Subic gets SEC approval

The Securities and Exchange Commission (SEC) has approved the incorporation of Harbor Star Subic Corp., a wholly-owned subsidiary of listed marine services provider Harbor…
  • September 22, 2015
  • 1 minute read

PPA bans bagging, rebagging of bulk cargoes at quays

The Philippine Ports Authority (PPA) is no longer allowing the bagging and re-bagging of bulk cargoes on any part of the quay or apron.…
  • September 21, 2015
  • 2 minute read

Carriers gear up for int’l policy on container weight verification

Foreign shipping lines operating in the Philippines have started preparing for the application by middle next year of a new international law promoting safety…
  • September 21, 2015
  • 4 minute read

Box liners reap windfall as fuel cost decline outpaces rate erosion

Revenues for almost all major ocean carriers deflated midway through the year, yet profits were up thanks to lower fuel costs, according to Drewry…
  • September 21, 2015
  • 2 minute read

SBMA launches e-Bills, payment system for locators

Subic Bay Metropolitan Authority (SBMA) recently launched its electronic Billing and Payment System (e-BPS) to facilitate delivery of monthly statement of accounts (SOA) to…
  • September 21, 2015
  • 1 minute read

PH shipping lines asked to cut cargo, passenger rates

The Maritime Industry Authority (MARINA) has once again directed Philippine shipping lines to adjust their passenger and cargo rates due to the continuing decline in global…
  • September 16, 2015
  • 1 minute read

G6 blanks 5 more Asia-Europe sailings in peak season

In another bid to prop up sliding freight rates on this overcrowded key lane, the G6 Alliance is voiding five additional sailings in the…
  • September 16, 2015
  • 2 minute read

Harbor Star to launch Subic operations before yearend

Listed Philippine company Harbor Star Shipping Services, Inc. (HSSI) will invest US$4 million to $5 million to establish a wholly owned subsidiary at the…
  • September 15, 2015
  • 2 minute read

PH cargo volume down 30%, box traffic up 8% in H1

Cargo throughput handled by Philippine ports in the first half of 2015 dropped 30.1% to 71.906 million metric tons (mmt) from 102.876 mmt in…
  • September 14, 2015
  • 2 minute read

Marina revisits rules on safe ship operations to align with IMO

The Maritime Industry Authority (MARINA) is now conducting public consultations nationwide on the revision of 12 memorandum circulars, a move designed to make them…
  • September 14, 2015
  • 2 minute read

Asia-Europe box rates plummet 23% as GRI attempt fizzles

Container freight rates on the Asia-Europe trade fell 23% last week, or by US$175, to $588 per TEU as the latest September 1st general…
  • September 14, 2015
  • 2 minute read

US-Asia box lines attempt ‘phased’ rate hikes October-December

Box carriers on the U.S.-Asia export trade lane announced plans to impose gradual rate increases from early October as part of their attempt to…
  • September 9, 2015
  • 2 minute read