Carriers combine Asia-WCNA services, launch NE Asia-Vietnam loop
Shipping lines Yang Ming (YM), United Arab Shipping Company (UASC), and China Shipping Container Lines (CSCL) are merging their two current trans-Pacific services into…
Federal Maritime Commission invites more P3 comments
The Federal Maritime Commission (FMC), the maritime regulatory body of the United States, announced it was accepting further public feedback on the P3 global…
Philippine-based tugboat operator Harbor Star Shipping Services, Inc. reported a net income of P82.657 million for the first nine months of the year, down…
International Container Terminal Services, Inc (ICTSI) will temporarily take over operations of Tacloban port, one of the many structures damaged by super typhoon Haiyan…
New ASEAN sling taps into growing intra-Asia trade
Evergreen Line and Hanjin Shipping have joined forces and created a new service that aims to strengthen the network between the rapidly growing Association…
PH gov’t, private sector join hands in massive relief work
MASSIVE relief operations are under way in areas the central Philippines devastated by super typhoon Yolanda as airlines, shipping lines and the country’s conglomerates…
Relief piling up at Matnog port, but where are the ships?
TRUCKLOADS of relief goods are choking the Port of Matnog in Sorsogon, the nearest maritime gateway to the typhoon-devastated provinces of Samar and Leyte,…
Hong Kong-based Orient Overseas Container Line (OOCL) is planning a revenue restoration program on the Asia-Europe trade that will take effect next month. Freight…
ICTSI net income jumps 22% in first three quarters
Listed Philippine port operator International Container Terminal Services, Inc. (ICTSI) reported double-digit growth in its financials and throughput for the first nine months of…
PH cargo volume up almost 3% in first eight months
The Philippines’ total cargo throughput continues to improve, reaching 132.36 million metric tons (mmt) for the first eight months of the year, up 2.96%…
Hapag-Lloyd carved $22-M profit in Q3 due to cost cutting
Despite what it described as the industry’s “irrational behaviour” that was causing freight rates to free-fall, Hapag-Lloyd reported a profit for the second consecutive…
Operations of seaports and airports in central Philippines have started to normalize, days after a large swathe of the Visayas island grouping was devastated…
Young Min Kim, president and CEO of Hanjin Shipping, has stepped down, taking responsibility for the continuing company losses and delays in acquiring financial…
SUPER typhoon Yolanda (international name Haiyan) which ripped through central Philippines on Friday heavily affected the supply chain, with many seaports and airports ordered…
