PH Customs cracks down on overcharging CY/CFS operators
The Philippine Bureau of Customs ordered all container yard/container freight station (CY/CFS) operators to strictly comply with Customs Memorandum Order 24-2001, which prescribed uniform…
German ocean box liner Hapag-Lloyd said it will increase freight rates for its East Asia shipments effective November and December. An additional US$650 per…
P3 plans to add only modest capacity to key trade lanes
The P3 alliance is infusing only moderate capacity growth on the Asia-Europe and Asia-North America trade lanes, seemingly more focused on service quality rather…
Maersk Line COO Morten Engelstoft has been appointed CEO of Services and Other Shipping in Danish shipping and logistics giant Maersk, with Søren Toft…
Malaysia’s ship owners are seeking some MYR3 billion (US$952 million) in government support over the next three years to help them overcome a financial…
ICTSI, Asian Terminals ease payment mode for PH forwarders
PHILIPPINE International Seafreight Forwarders Association (PISFA) members should now find it easier paying port charges with two of the country’s port operators. Manila International…
THE Philippine Ports Authority (PPA) has identified eight ports as tourism gateways where it is considering developing international cruise terminals to support the tourism…
Carriers expected to adjust capacity as peak season wanes
With the peak season just past, carrier owners and operators will spend the coming month focusing on adjusting capacity across the board, according to…
Davao International Container Terminal targets over 200,000 TEUs next year
DAVAO International Container Terminal (DICT) in southern Philippines expects to handle almost 58% or 200,000 twenty-foot equivalent units (TEU) of its annual capacity of…
US-Asia container lines eye key commodities for rate hikes
As the peak shipping period approaches in the U.S. export trade to Asia, shipping lines in the Transpacific Stabilization Agreement (TSA) Westbound section are…
The Transpacific Stabilization Agreement (TSA) has recommended a US$400 per 40-foot container general rate increase (GRI) for its member-carriers operating from Asia to the…
7.2 earthquake in central PH disrupts flights, sea voyages
Some flights to and from Visayas were cancelled Tuesday after a 7.2-magnitude earthquake jolted the province of Bohol, central Philippines, and parts of Visayas…
Global shippers want EC probe of P3 alliance market impact
The Global Shippers’ Forum (GSF) has officially requested the European Commission (EC) to investigate whether the proposed P3 global alliance between Maersk Line, CMA…
