PH-registered domestic vessels rise 6%

A total of 20,280 vessels are engaged in domestic operations in the Philippines as of July 2014, up 6% from 19,011 as of December…

PH-accredited seafreight forwarders total 849

A total of 849 companies are engaged in sea freight forwarding in the Philippines as of February, according to latest data from the Department…

SITC directly connects Cebu with South China

Intra-Asia carrier SITC will launch a new service that will connect South China with Cebu port starting April. CPX4 will have a rotation of…

MCC Transport tweaks PH service

MCC Transport, the intra-Asia division of Danish giant Maersk Line, has revised its PH4 Service to enhance its service offering and strengthen its network.…

Freeze Manila port expansion to steer more cargo to Batangas, Subic, urge experts

A government think tank suggests suspending any plans to further expand Manila ports as a way to address port congestion and increase utilization of…

PPA hikes regulatory fees

Effective April 8, the Philippine Ports Authority (PPA) increased its ancillary services permit and regulatory fees, unchanged since almost two decades ago. Under PPA…

Asia-Europe box contract rates up for first time in years

Contract rates on key East-West trade lanes have gone up for the first time after years of decline, according to a new report. The…

K Line, MOL introduce new chiefs, management plans as challenges grow

Japanese shipping firms Kawasaki Kisen Kaisha (“K” Line) and Mitsui O.S.K. Lines (MOL) have made changes to their top management. “K” Line on April…

Shipping sector reveals strong apprehensions in new survey

Overall confidence levels in the shipping industry fell during the three months to February 2015 to their lowest level for two-and-a-half years, according to…

TSA lists new Asia-US market rate minimums to start May 1

The Transpacific Stabilization Agreement (TSA) said it is recommending a series of minimum short-term market rates for its member-shipping lines to take effect May…

CMA CGM orders three 20,600-TEU ships as profit zooms 43%

France’s CMA CGM said it made a “solid performance in 2014,” marked by a strong improvement in operating margin and net profit, and is…

OOCL orders six 20,000-TEU ships, christens 8,888-TEU newbuild

Hong Kong-listed Orient Overseas (International) Limited (OOIL) announced it has placed an order with a South Korean shipbuilder for six 20,000-TEU-class box ships for…

ICTSI’s Laguna inland container depot to open by Feb

The first phase of the Laguna inland container depot (ICD) of International Container Terminal Services, Inc. (ICTSI) will begin operations on February 1, according…

Manila ports’ utilization remains high

Yard utilization at Manila’s two international container terminals remains high after the five-day holiday during the Papal visit, according to the Philippine Ports Authority…

BOC issues accreditation rules for PEZA companies

The Bureau of Customs (BOC) has released regulations on accrediting Philippine Economic Zone Authority (PEZA) locators. The new guidelines, embodied in Customs Memorandum Order…

Batangas port container volume balloons 762% in 2014

International cargoes handled by Batangas Container Terminal (BCT) surged 762% in 2014, ending the year with 98,000 twenty-foot equivalent units (TEUs), its highest recorded…

CNC Line launches additional service from Davao

Cheng Lie Navigation (CNC Line), the intra-Asia subsidiary of shipping liner CMA CGM, will launch a new service in February linking Davao with North China…

PH Senate assures passage of Customs modernization act before June

Senate President Franklin Drilon said the Philippine Senate will work double time to ensure the passage of the Customs Modernization and Tariff Act (CMTA),…

House bill seeks to open PH inter-island shipping to foreign ships

Ifugao Representative Teodoro Brawner Baguilat, Jr. is pushing for the passage of his bill that will allow foreign carriers to dock at multiple ports…