HARBOR Star Shipping Services Inc. is looking at finally launching its estimated P454 million initial public offering late next month and listing the stock…
The Zamboanga port in southern Philippines is now 60% operational, while the airport opened to selected flights starting Sept 19, as the security situation…
PH Customs staff recall order eased amid shipment processing slowdown
FACING the backlash of an earlier decision to order back all customs personnel to their plantilla positions, Philippine Customs Commissioner Rozzano Rufino Biazon in…
Evergreen christens first of 13,806-TEU ships for Asia-Europe trade
Evergreen Marine has taken delivery of the fuel-efficient Thalassa Hellas, the first in a series of ten 13,806-TEU container ships it ordered from Hyundai…
ICTSI partners with PSA to develop Colombia’s Aguadulce port
MANILA-BASED International Container Terminal Services Inc. (ICTSI) is teaming up with Singapore’s PSA International Pte. Ltd. (PSA) to develop, construct and operate a container…
Bunker fees still high despite large, fuel-efficient ships—report
As more efficient ships get deployed and cheap fuel from Russia becomes available, bunker surcharges should be proportionately going down, but this does not…
PH Customs staff recall leads to shipment processing freeze
PHILIPPINE customs services are said to be breaking down, with reports of export and import shipments being frozen amid confusion and staff protest resulting…
Shippers, forwarders up in arms vs cargo weight check
The European Shippers’ Council (ESC), European and international freight forwarders’ associations (FIATA and CLECAT), and the European representation of maritime terminals and stevedores (FEPORT)…
Israel-based Zim Integrated Shipping Services has announced the revamp of the port rotation of its independent Asia/India Sub-Continent-East Mediterranean Service starting later this month.…
UASC, CSCL to kick off joint intra-Asia trade network this month
The United Arab Shipping Company (UASC) and China Shipping Container Lines (CSCL) have partnered to launch a weekly intra-Asia service later this month that…
September rate hike attempt for Asia-Europe trade skids
The World Container Index (WCI) has confirmed that the price increases of US$445 to $500 per 20-foot-equivalent unit (TEU) announced by container shipping lines…
UASC takes on bigger players with mega-ship orders—Drewry
United Arab Shipping Company’s recent confirmation that it has ordered five 18,000-TEU vessels and five 14,000-TEU vessels for delivery between late 2014 and mid-2015…
Proposals mandating checking of container weights endorsed
The World Shipping Council (WSC) is urging the International Maritime Organization (IMO) to adopt the compromise solutions arrived at by 15 governments and 13…
OOCL names new 13,000-TEU box ship, announces G6 void trips
Overseas Orient Container Lines (OOCL) has christened its latest newbuild acquisition OOCL Bangkok, a 13,208-TEU vessel for deployment on the Asia-Europe trade this year.…
