Changing buying trends impact peak season volumes

The third quarter will still be the peak season of the east-west trades for ocean carriers, but there will be no big surge in…

Hapag-Lloyd to bolster Asia-North America rates

Hapag-Lloyd will implement a general rate increase (GRI) on all dry, reefer, flat-rack and open-top containers from East Asia, India, and the Indian Sub-Continent…

Zim expands Asia-Europe service, Wan Hai restarts Asia-WCSA loop

Zim Integrated Shipping Services has extended the port coverage of its Asia-Europe service, AEX1. Added are calls to the Asian ports of Dalian, Qingdao,…

More infra projects in pipeline to push PH growth

Amendment of cabotage law eyed THE public can expect more infrastructure projects, including airports and ports, in the coming years to boost the local…

Volume at PH ports up 6% to 59M metric tons in Jan-April

CARGO volume handled by the Philippines’ ports in the first four months of this year grew 6.01% year-on-year to 59.37 million metric tons (MMT),…

PH traffic congestion requires nothing short of comprehensive solution

ALL sectors should hammer out a rationalized, integrated plan to solve traffic congestion in Metro Manila aggravated by a truck ban, according to the…

OOCL revenue, freight slide in second quarter

Orient Overseas Container Line (OOCL) saw its revenue fall in the second quarter of 2013 as cargo volumes slid during the period. The Hong…

OOCL names latest 13,208-TEU box ship

Hong Kong’s Orient Overseas Container Line (OOCL) has received its newest 13,208-TEU container ship and named it NYK Hermes at a christening ceremony held…

Foreign lines help ferret out erring PH forwarders

FOREIGN shipping lines servicing the Philippines are teaming up with the government to weed out freight forwarders who fail to deliver balikbayan (personal effects)…

Market-bound Harbor Star delays planned IPO

TUGBOAT operator Harbor Star Shipping Services Inc. has put off its planned initial public offering (IPO) this month due to volatility in the financial…

3 carriers cooperate on new SE Asia-Australia express

Three container shipping lines will offer a new weekly joint service covering Asia, Australia, and New Zealand. APL, ANL, and Hanjin Shipping will launch…

New rate hikes for East Asia trades loom in August

Hapag-Lloyd announced a new round of increases for its East Asia services to take effect in the middle of next month. Effective August 15,…

MCC adds Malaysia’s Kuantan to intra-Asia service

Intra-Asia carrier MCC Transport has added Kuantan Port in Malaysia to its IA-2 service. The IA-2 will now have this service rotation: Kuantan, Laem…

Hapag-Lloyd poised to boost East Asia rates

German ocean carrier Hapag-Lloyd plans to increase rates from East Asia to the Indian Sub-continent twice, effective from July and from August. It will…

Box carriers announce August 1 Asia-Europe rate hike

Orient Overseas Container Line said a rate increase will be implemented on the Asia-Europe westbound trade effective August 1. The freight rate hike from…

MCC drops port calls to Sibu, Malaysia

Singapore-based MCC Transport will discontinue its export and import service to and from Sibu, Malaysia, which it said was “part of our service rationalization…

Evergreen revises, expands Asia-Australia trade services

Taiwan’s Evergreen Line announced a revision to its port rotation schedule and a new slot charter agreement to improve its service on the Asia-Australia…

ICTSI sees strong long-term promise of Indonesia, Pakistan assets

LISTED global port operator International Container Terminal Services Inc. (ICTSI) is eyeing Southeast Asian countries, especially Indonesia, as priority prospects in pursuing business expansion…

Maritime expert seeks to sow seeds of industry reform in PH

High hopes and a positive eye for the maritime industry – that’s what the new Philippine Maritime Industry Authority (MARINA) administrator has geared himself…