BOC to finally enforce order on detailed import description

AFTER being unenforced for seven years, a Customs Memorandum Order (CMO) that implements a Philippine Bureau of Customs (BOC) order requiring traders to make…

PH ports record 3.4% cargo volume hike in Jan-Oct

CARGO throughput in Philippine ports rose 3.43% year-on-year to 168.98 million metric tons (mmt) in the first 10 months of the year, from 163.38…

ATI gears South Harbor for greater growth

Publicly-listed Asian Terminals Inc. (ATI) is accelerating its investment program for Manila South Harbor to the tune of over P6.0 billion during the next…

Cosco eyes purchase of 9,400-TEU box ships

China Cosco has just signed an order contract for four 64,000-DWT dry-bulk vessels even as it announced plans to buy five container ships. The…

New Hapag-Lloyd rate hikes for shipments from Asia

Hamburg, Germany-based Hapag-Lloyd will implement a general rate increase (GRI) on its network services covering the Far East to the Arabian Gulf and the…

PH container storage fees doubled with graduated increments

THE Philippine Ports Authority (PPA) has approved increases in daily storage charges for foreign containerized cargoes effective Jan. 2. The new storage charges apply…

Hong Kong, Singapore seen taking diverging paths as maritime hubs

Hong Kong’s container port is looking at a shaky future, even as the Port of Singapore is emerging as a contender for the most…

Vietnam’s ocean carriers face lopsided competition

Looking ahead, Vietnam’s shipping companies will have to struggle amidst fierce competition with experienced, well-funded global players as they duke it out for dwindling…

Vietnam’s national carrier seeks state aid for domestic shipping lines

State-run Vietnam National Shipping Lines (Vinalines) has asked for preferential policies from the Vietnamese government to help domestic shipping firms overcome financial difficulties. Vinalines…

Hapag-Lloyd, CSAV collaboration to bring mutual benefits

If Germany’s Hapag-Lloyd and Chile’s CSAV can find a way to surmount differences and join forces operationally, the resulting merger can only bring heaps…

Joint Chambers push use of Subic, Batangas cargo ports

FOREIGN businesses in the Philippines are renewing their calls to divert cargoes to ports in Batangas and Subic to “reduce cost and increase efficiency”…

NYK kicks off new Far East-South Pacific swing

Japanese ocean liner Nippon Yusen Kaisha (NYK Line) will launch a multipurpose service loop between Asia and the South Pacific islands from January 2014.…

Cebu ports post 4.3% rise in 9-month cargo volume

CARGO volume handled by the Southern Philippines’ Cebu ports in the first three quarters of the year improved 4.35% to 22.561 million kilograms from…

PH ship agents group eyes membership expansion

THE Philippine Ship Agents Association (PSAA) will focus on expanding the membership of the group and publishing a book on ports, according to its…

Shippers demand tighter reins over shipping surcharges

The Global Shippers’ Forum (GSF) wants a tighter watch over ocean carriers’ practice of imposing charges and surcharges following the Sri Lanka government’s ban…

Cosco prepares January slew of GRIs, OOCL announces PSS

China’s Cosco Container Lines has announced general rate hikes for its Far East trade services to take effect starting next month. The container line…

Rate hikes await Asian ocean cargo deliveries in January

A number of ocean carriers have announced general rate increases (GRIs) for implementation next month. Mediterranean Shipping Co. (MSC) will implement a GRI of…

Malaysia reopens dedicated logistics support agency

The Malaysian government has resurrected a mothballed agency that is being tasked to support the local logistics industry and promote its growth, especially with…

PH cargo volume up 2.9% to 149.55 mmt in Jan-Sept

The Philippines’ cargo throughput in the first nine months of the year grew 2.88% year-on-year to 149.55 million metric tons (mmt) from 145.36 mmt,…

Better coordination key to solving PH truck diversion problem

IMPROVED communication between international shipping lines and truckers operating in the Philippines would help solve the issue of diversion of trucks in cases when…