Drewry: Speedier service doubtful as slow steaming here to stay

Some shippers are calling for faster services from carriers, but Drewry forecasts that slow steaming is now an entrenched industry practice with the advent of…

New Customs chief to be guided by 5 reform principles

Returning Customs Commissioner Alberto Lina has identified five general principles for instituting reforms during what will be a short stint as head of the…

APL, NYK, MOL unveil joint Asia-South America loop

Three carriers will launch next month a joint service linking Asia, Mexico, and the west coast of South America. APL, Mitsui O.S.K. Lines (MOL),…

Shippers join forces to monitor mega-ship alliances

International shippers from Europe, Asia, and the United States have teamed up to ensure that free trade is not compromised, especially with the move…

Web-based end-to-end logistics app now in PH

“ICE” does not refer to frozen water only, but also to a formula to help increase the operational efficiency of logistics players, according to…

More ULCV deliveries to impede filling up of East-West ships this year—Drewry

The year 2015 is shaping up to be another year of oversupply for the container shipping industry, as the slew of arrivals of big…

ICTSI’s interest in Davao-Sasa port upgrade cools

Global port operator International Container Terminal Services, Inc. (ICTSI) is no longer keen on bidding for the Davao-Sasa port. ICTSI chairman Enrique Razon Jr,…

Far East-Europe freight rates in free fall

It’s a shipper’s market in the Asia-North Europe trade as freight rates on the key lane continue to sink. Carriers are in danger of…

After airfreight, update of seafreight manifest up next for BOC

The Bureau of Customs (BOC) will review its policies on the submission of seafreight manifest once the new memorandum on the mandatory electronic submission…

BOC releases shipment list needing import assessment clearance

The Bureau of Customs (BOC) has released a consolidated list of all shipments requiring clearance from its Import Assessment Service (IAS) unit. Customs Commissioner…

Almendras keynote speaker at 2nd Subic Bay Maritime Conference

Cabinet Secretary Jose Rene Almendras leads a group of government officials and industry movers who will give talks about the rise of Subic Bay…

Hapag-Lloyd, OOCL up rates as Hanjin launches China-SEA service

German box shipping line Hapag-Lloyd said it will raise freight rates for its services on key trade lanes come first of May. The company…

G6 revises Asia-North America services for summer season

The G6 Alliance announced changes to its Asia-North America services as part of the seasonal variations in market demand with the onset of summer.…

Carriers, truckers initiate rate rollback in PH

Foreign shipping lines have started to lift their port congestion charges, while trucking charges have gone back to pre-Manila truck ban levels in a…

Bidding for P17B Davao port project finally takes off

The Philippine government will finally start seeking bidders for the P17-billion Davao Sasa port modernization project that will be carried out under a public-private…

RCL’s Manila-Singapore loop set for capacity, port call expansion

Thailand-based carrier RCL is upsizing the vessels used in its Manila-Singapore service and adding Cebu to the port rotation. In an advisory, the Thai…

Upgraded carrier alliances can lead to $1B annual savings—report

By elevating their carrier alliances to more advanced models and engaging in an intense cultural and operational overhaul, box shipping lines can reduce their…

Cebu port cargo volume sees 14% growth in 2014

Cargo throughput at Cebu port jumped 14.31% to 34.904 million metric tons (mmt) in 2014 from 30.534 mmt in 2013, latest data from the…