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