100,000 TEUs of delayed newbuilds to bloat fleet capacity in 2015

The year 2014 saw global cellular fleet growth race ahead of world container traffic despite the delay in the delivery of some 100,000 TEUs,…

Manila North Harbor cargo-handling tariff up 8% from Jan 19

The Philippine Ports Authority (PPA) has granted an 8% increase in cargo handling tariff at the Manila North Harbor, the country’s main domestic port,…

Cut storage rates for overstaying boxes, PH government urged

The Philippine government should review its policy on increased storage rates for overstaying foreign inbound containers because it has led to increasing overall logistics…

In anticipation of Papal visit, private sector pushes more port decongestion measures

The private sector is proposing several measures for the government to undertake in order to ease port utilization expected to be made worse by…

Exporters caught unawares by BOC ruling requiring notice of stuffing

The Bureau of Customs (BOC) is gradually implementing at all ports a 2010 directive requiring the presence of a customs official during stuffing of…

15 infra programs key to PH connectivity to rest of ASEAN — WB

The World Bank pinpointed 15 infrastructure projects worth P495.84 billion under the government’s public-private partnership (PPP) scheme that it said are essential for the…

Empty container return system in pilot run this month

The Web-based system that will organize the return of empty containers to depots in the Philippines is scheduled for pilot testing this month. An…

EDC eyes PH regulatory body to ensure fair shipping charges

The public-private Export Development Council (EDC) is pushing for the establishment of a Philippine regulatory body that will ensure shipping lines charge fair prices,…

BIR eases accreditation burden of importers, customs brokers

The Bureau of Internal Revenue (BIR) has trimmed the documentary requirements of importers and customs brokers who have transactions at the Bureau of Customs…

Maersk Line opens Subic weekly service as congestion continues to plague Manila

Maersk Line, the container shipping arm of oil and shipping giant A.P. Moller–Maersk Group, has started calling at Subic port to provide an alternative…

Return of trucks on Roxas Blvd pushed to avert port congestion

Philippine truckers are again asking the government to open the use of Roxas Boulevard from 12 midnight to 5 a.m. after the visit of…

Subic box throughput jumps 106% to surpass 2014 target

Container volume handled at Subic port surged 104.6% to 76,652 twenty-foot equivalent units (TEUs) from January to December 2014 from 37,469 TEUs for the…

BIR requires importers, brokers to use eFPS to pay their taxes

Starting January 1, importers and customs brokers accredited by the Bureau of Internal Revenue (BIR) are required to use the agency’s Electronic Filing and…

DOTC preps list of infrastructure initiatives as Aquino admin winds down

The Philippine government is drawing up a list of “game-changing” infrastructure projects over the next 18 months aimed at reducing the country’s transportation woes,…

ICTSI sets aside $73M as extra fund for expansion programs in 2015

International Container Terminal Services, Inc. (ICTSI) will be appropriating US$73 million of its retained earnings for use as additional working capital in its domestic…

Nearly 50% of transport firms provide logistics support services — PH census

A total of 2,327 establishments were engaged in transport and storage in 2012, according to the recently released “Census of Philippine Business and Industry”…

DTI agency cracks down on shady freight forwarders, consolidators

The Department of Trade and Industry-Fair Trade Enforcement Bureau (DTI-FTEB) has filed formal complaints against a number of sea freight forwarders for operating without…

2015 could produce higher profit for more box shipping lines

Despite record vessel deliveries, the container shipping industry is expected to improve its bottom line this year on account of lower unit costs, according…

OOCL’s latest 8,888-TEU ship to sail on transpac loop

Hong Kong-listed Orient Overseas Container Line (OOCL) christened its newest 8,888-TEU newbuilding at a naming ceremony held on Changxing Island in Shanghai yesterday. Named…