ICTSI hires Aussie firm for container booking system

International Container Terminal Services, Inc. has appointed Australian IT company 1-Stop to implement the container booking system (CBS) at the Manila International Container Terminal.…

Batangas box traffic helps boost ATI Q1 income

Listed port operator Asian Terminals, Inc. (ATI) reported a net income of P649.6 million for the first three months of 2015, an 80.5% surge…

Lorenzo Shipping eyes 5% more volume in 2015

Listed domestic carrier Lorenzo Shipping Corp.’s (LSC) target volume for 2015 is 90,000 twenty-equivalent units, up 5.2% from the 85,521 TEUs handled in 2014,…

Gold Star Line to launch China-Korea-Philippine service

Hong Kong-based carrier Gold Star Line (GSL) is starting a new China-Korea-Philippines service (CKP), offering faster transit time. The new service’s rotation is Qingdao-Pusan-Shanghai-Manila…

Maersk Line, Hapag-Lloyd squeeze out profit from a tough Q1

Global carriers Maersk Line and Hapag-Lloyd report improved their bottom lines in the first quarter of the year, as volume and rate declines in…

APL prunes net loss even as rates, volumes sag

Singapore-based carrier APL saw its revenue in the first quarter of the year fall on lower freight rates and volumes but managed to cut…

BOC-Subic operations now 24/7

The Bureau of Customs (BOC)-Port of Subic is implementing a round-the-clock work schedule in response to appeal from shippers and freight forwarders for uninterrupted…

BOC cuts government import release to one day

Customs Commissioner Alberto Lina has ordered Bureau of Customs (BOC) staff to work on the release of importations by government institutions to within one…

ICTSI books 4% income hike in Q1

International Container Terminal Services, Inc. (ICTSI) reported a 4% increase in net income for the first quarter of 2015 mainly due to higher volume…

Off-dock yard expands truck fleet to speed up empties repositioning

RILBEST Container Yard, Inc., which operates an off-dock facility in Cavite, has increased its truck fleet to help foreign shipping lines reposition empty containers…

NYK Line increases calls to Subic

Japan-based carrier Nippon Yusen Kaisha Line (NYK Line) has doubled its weekly calls at Subic Port, a few months after it started its ad-hoc…

SMC a possible bidder for Davao-Sasa port project

Conglomerate San Miguel Corp. has taken an interest in the P17-billion Davao-Sasa port modernization project of the government. Public-Private Partnership Center executive director Cosette…

BOC to launch electronic filing of certificates of origin

The Bureau of Customs has tapped value-added service provider InterCommerce Network Services, Inc. (INS), to introduce a cloud-based solution that will automate filing of…

DTI order expedites release of import cargoes held for cause

Philippine importers, traders, indentors, producers, and customs brokers with shipments held due to compliance issues can now refer to a newly released memo from…

Subic port offers longer free storage period for export boxes

The Subic Bay Metropolitan Authority (SBMA) has extended by three more days the free storage period for export containers to entice more shippers to…

BOC to strictly enforce CPRS renewal policy

The Bureau of Customs (BOC) reminded importers and customs brokers with expiring registration with the Client Profile Registration System (CPRS) to submit their yearly…

Pacific Concord-Hyundai agreement

Pacific Concord Container Lines, Inc (Southern Philippine branch) recently signed a sub-agency marketing agreement with Hyundai Merchant Marine (HMM) Phils Co. Photo shows L…