PH cargo, box traffic up in first three quarters of 2014

Cargo volume handled by Philippine ports grew 6.92% from January to September 2014 to 161.924 million metric tons from 151.44 mmt in the same…

PH Customs chief sets 2015 goals, cites disappointments

Customs Commissioner John Phillip Sevilla identified five priorities for the country’s second largest revenue-generating agency for 2015 even as he let on last year’s biggest…

2015 forecast to see further halting growth in economy, shipping

The year 2015 is expected to build upon the fragile economic recovery made in 2014 and continue to see stronger box shipping demand on…

MARINA sets up permanent fast lane for vessel import permits

The Maritime Industry Authority (MARINA) has made permanent its special processing window/express lane (SPWEL) to speed up processing of permits for vessel imports and…

BOC’s revenue collection swells to P350B but still behind target

Revenue collection by the Bureau of Customs (BOC) from Januar­y to November 2014 grew at double-digit levels, hitting P331.171 billion, up 17.8% from P281.13…

DOTC to concentrate on railway next after ‘banner year’ of aviation success

With 2014 a “banner year” in the country’s aviation sector, the Department of Transportation and Communications (DOTC) said it plans to shift its focus…

New China-Manila feeder service makes first call at South Harbor

Hong Kong-based carrier Macrocean International Shipping Ltd. has started a new China-Manila weekly service, bolstered by optimism over the growing trade between the two…

UASC beefs up Asia-Europe network with 5 new, improved products

United Arab Shipping Company (UASC) is broadening its Asia-Europe network scope by providing new direct services to additional Asian and North European ports. The…

G6 Alliance details maiden sailings of expanded trans-Pacific service

The G6 Alliance has outlined the start dates and maiden voyages of its 2014 expanded service to the Asia-West Coast swing of the trans-Pacific…

Container carriers schedule Far East freight rate hikes

Global ocean box carriers are gearing up for general rate increases (GRIs) to be levied on Asian shipments starting next month. Hapag-Lloyd announced a…

MSC begins direct Asia-West Africa network service

Mediterranean Shipping Company (MSC) announced it will start a new direct service between Asia and West Africa this month. The new Africa Express will…

NYK signs up for eight 14,000-TEU vessels, unveils new strategy

Japan’s Nippon Yusen Kaisha (NYK) has placed an order for eight new 14,000-TEU container ships to be deployed on the Asia-Europe trade lane. NYK…

Hapag-Lloyd merges with CSAV to create fourth largest box shipping line

Germany’s Hapag-Lloyd has moved up to fourth place among the world’s largest box shipping lines after merging with Compañía Sud Americana de Vapores (CSAV)…

Konecranes launches revolutionary container crane

FINLAND-BASED crane manufacturer Konecranes has launched its first product specially developed for the emerging markets – the Boxhunter container handling crane. The product is…

ICTSI to invest US$130M in Iraq port

International Container Terminal Services, Inc. (ICTSI) is partnering with the Iraqi government, and investing an initial $130 million in Umm Qasr Port. ICTSI said…