Germany’s Hapag-Lloyd is implementing a peak season surcharge (PSS) on all shipments on the Far East-North America trade lane effective August. The PSS for…
OOCL to hike rates on Southeast Asia-Australia lane
Saying current freight rates do not cover basic operating or transportation costs, Orient Overseas Container Line (OOCL) announced it will raise the rates for…
PH agencies agree to conduct study on port congestion
AFTER several fact-finding consultations, the Philippine Department of Justice’s (DOJ) Office for Competition (OFC) and the Philippine Ports Authority (PPA) last week signed a…
CONTAINER shipping lines in the Transpacific Stabilization Agreement (TSA) are implementing a guideline peak season surcharge (PSS) of US$400 per 40-foot container from Asia…
PH liners bear losses from delayed tariff rate hike matrix
DOMESTIC shipping lines are seeing potential losses because the rates matrix for the 10% provisional cargo-handling tariff increase recently granted by the Philippine Ports…
Lorenzo Shipping adding 600 containers in move to modernize
LISTED Philippine cargo carrier Lorenzo Shipping Corp. (LSC) said it is adding 600 boxes to “continually upgrade containers to cargo-worthy standards” while gradually modernizing…
KOREA MARINE Transport Co., Ltd. (KMTC) has launched a new twice-weekly service to the Japanese outports of Shibushi, Onahama and Hososhima. KMTC is a…
Orient Overseas Container Line has named its new 13,208-TEU container ship OOCL Chongqing. The newbuild, the third 13,208-TEU-class ship to be delivered to OOCL,…
The world’s container fleet grew by 5.3 percent during 2012, adding 1.6 million TEUs (20-foot-equivalent units) to reach 32.9 million TEUs. This increase was…
ROBUST Philippine economic growth in the first quarter that exceeded expectations boosted performance of the country’s port operators as they continued to defy uncertainties…
A.P. Moller-Maersk has appointed executives to head its two units in the Philippines in a reshuffle that positions the group for expected strong growth…
