Clark exports hit $2B in 2011

Exports out of Clark freeport zone, north of Manila, reached the $2-billion mark last year, three years earlier than projected. Clark-based enterprises shipped $2.258…

ICTSI to spend $250M on Mexican terminal

PHILIPPINE-BASED port operator International Container Terminal Services, Inc. (ICTSI) has allotted $250 million to construct Terminal 2 at Mexico’s Port of Manzanillo. ICTSI said…

Indonesia’s Tanjung Priok port to install IT system to ease traffic

Pelindo II, Indonesia’s state-owned port operator, announced that the Port of Tanjung Priok in north Jakarta, the country’s main shipment gateway, will have a…

PSA International 2011 box throughput tops 57-M units

PSA International said it handled 57.09 million 20-foot equivalent units (TEUs) of containers at its port projects worldwide in 2011, an increase of 5.6…

China harbor and port revenue up 10 percent in 2011—report

China’s harbor and port operations revenue for the freight transportation industry is expected to total US$39.4 billion by the end of 2011, up 10 percent…

Singapore’s 2011 port traffic breaks records

Despite the global economic turbulence and the shipping industry’s woes in 2011, the port of Singapore chalked up impressive statistics last year, firming up…

ICTSI orders new container handling equipment for Philippine, Mexican operations

International Container Terminal Services, Inc. (ICTSI) recently placed orders for new state-of-the-art container handling equipment for its operations in Mexico and the Philippines. “The…

Sasa Wharf in Davao eyes 8-10% cargo volume hike

Sasa Wharf in Davao in the Philippine island grouping of Mindanao is looking at a cargo volume increase of 8-10% in the next three…

ICTSI makes follow-on bond offering

  Philippine-based port operator International Container Terminal Services, Inc (ICTSI) is making a follow-on bond offering to finance port projects not only in the…

Plan for third container terminal at Port Klang meets resistance

The plan to establish a third container terminal in Port Klang is being opposed by the tightly knit port community in the area, which…

Port of Tanjung Pelepas reports 15% growth in 2011

The Port of Tanjung Pelepas (PTP) in Johor saw throughput grow 15 percent in 2011 over the previous year. The port, Malaysia’s biggest, handled…

Planned Davao terminal causes little stir among lines

The P2.7-billion container terminal to be constructed by the Anflocorp Group of Companies in Davao City in the Philippine island grouping of Mindanao may…

Port congestion obstacle to Maersk expansion plans in PH

Port problems in southern Philippines, particularly Davao and Cagayan de Oro, in the island grouping of Mindanao, have held up expansion plans for Maersk…

Manila North Harbour Port 2012 capex set at P2B

The Manila North Harbour Port, Inc (MNHPI) is setting aside P2 billion for capital expenditures this year, more than double last year’s allocation of…

ICTSI Georgia signs new agreement with MSC

Batumi International Container Terminal (BICT), ICTSI’s terminal in Batumi, Georgia recently signed a new Terminal Services Agreement (TSA) on tariffs and streamlined terms of…

Congestion hits Mindanao port; lines seek port expansion

DAVAO CITY, PHILIPPINES — International shipping lines are clamoring for immediate expansion of Sasa Wharf in Davao port in the island grouping of Mindanao…

Bidder status of Davao port cargo handler still unclear

DAVAO CITY, PHILIPPINES — The Philippine Ports Authority (PPA) has yet to decide whether it will automatically consider Davao Integrated Port Stevedoring Services, Corp…

Pilotage fee compromise deal struck at Mindanao port

The Philippine Liner Shipping Association (PLSA) and the United Harbor Pilots Association of the Philippines (UHPAP) have agreed on a compromise deal that will…

PH port districts predict 1-11% volume growth for ’12

The five port district offices (PDOs) under the Philippine Ports Authority (PPA) — Manila and North Luzon, Southern Luzon, Visayas, Northern Mindanao, and Southern…

ATI eyes twice the volume at South Harbor

By 2022, Philippine port operator Asian Terminals, Inc (ATI) expects to handle 1.9 million twenty-foot equivalent units (TEUs) at its South Harbor terminal, double…