Another congestion? CDAP warns of CYs’ shutdown, holiday as utilization drops

The Container Depot Alliance of the Philippines (CDAP) is considering the closure of recently opened empty container depots (ECDs) outside Metro Manila and declaring…

PH ports handle 6.4% more cargo volume in Q1

Cargo volume handled by Philippine ports grew 6.4% to 59.285 million metric tons (mt) in the first quarter of 2019 from 55.702 million mt…

DOTr pushes upgrade of maritime industry, age cap on ships

The Philippine Department of Transportation (DOTr) wants the terms and policies of its modernization project for the maritime sector drafted and finalized within the…

PPA sets transfer rates for overstaying imports from Manila ports to offdock CYs

The Philippine Ports Authority (PPA) has specified transfer rates for overstaying import cargoes from Manila South Harbor and Manila International Container Terminal (MICT) to…

ICTSI’s Q1 net income soars 71% owing to higher volumes

International Container Terminal Services, Inc. (ICTSI) posted a net income of US$81.5 million in the first quarter of 2019, 71% higher than the $47.7…

Hapag-Lloyd reports significantly improved Q1 earnings

Hamburg-based Hapag-Lloyd announced that its first-quarter 2019 financial performance is a significant improvement over the same period last year, citing an increase in volumes…

Only speed limits can achieve IMO’s 2030 GHG reduction target: EU study

A new study on greenhouse gas (GHG) emissions of ships says short-term policy measures on speed limits need to be quickly adopted by the…

Container rates fall for all major corridors in April—Xeneta

The latest XSI® Public Indices shows that container shipping rates declined by 4.2% in April to 104.45 points after two months of steady increases,…

Marina, DOE to craft plan for IMO 2020 compliance

The Maritime Industry Authority (MARINA) and the Department of Energy (DOE) are set to formulate a comprehensive plan for implementing the International Maritime Organization…

Cagayan de Oro port cargo handler seeks 17.8% hike in tariff

OROPORT Cargo-handling Services, Inc. is seeking a 17.8% increase in cargo-handling tariff for the Port of Cagayan de Oro in Misamis Oriental due to…

Marina, DTI to draft national standards for ship building and ship repair sector

The Maritime Industry Authority (Marina) has partnered with the Department of Trade and Industry (DTI) to develop the Philippine National Standards (PNS) for the…

Cost savings trim Lorenzo Shipping’s loss in 2018

Philippine carrier Lorenzo Shipping Corp. (LSC) recorded a net loss of P146.1 million in 2018, lower by 15% from the P171.8 million loss in…

Batangas terminal’s second berth boosts capacity to half a million TEUs

Batangas Container Terminal (BCT) can now handle 500,000 twenty-foot equivalent units (TEUs) annually, higher than the previous 330,000 TEUs each year, following the inauguration…

South Harbor’s capacity expansion done by late 2020

The expansion of Manila South Harbor’s yard and berth is expected to be completed by late 2020, increasing by 20% the facility’s annual capacity…

UNCTAD: developing countries need to build resilience of transport to climate change

The transport sector faces severe risks from climate change and needs to adopt initiatives to ensure the resiliency of its facilities and infrastructure, according…

Major container lines establish digital association

A.P. Moller-Maersk, Hapag-Lloyd, MSC, and Ocean Network Express officially established on April 12, 2019 the Digital Container Shipping Association (DCSA), the shipping liner group…

Mindanao Container Terminal modernization to continue through mid-2020

Mindanao Container Terminal (MCT) is rolling out improvements and upgrades at its port terminal in Misamis Oriental until the middle of next year as…

IMO to add maritime corruption to formal agenda

The International Maritime Organization (IMO) recently agreed to include maritime corruption as a regular work item on its agenda, a move welcomed by the…

Subic container terminal free from any quake damage

No damage was reported at the Subic container terminal following the April 22 earthquake that shook parts of Luzon. The terminal is about 25…

Adoption of regulation creating European Maritime Single Window lauded

The adoption by the European Parliament of the proposal for a regulation establishing a European Maritime Single Window environment has been welcomed by the…