Philippine exporters join call against cargo-handling rate hike
The Philippine Exporters Confederation (Philexport) added its opposition to the proposed cargo-handling rate increase by the country’s top two port operators, saying it will…
SCTEX hurting, not helping, Subic ports — SBMA chief
Instead of bringing in more volume to Subic ports, the Subic-Clark-Tarlac Expressway (SCTEX) north of Manila has inadvertently caused the opposite and is luring…
Global port operators are bracing against rising losses at Vietnam’s Cai Mep container port, as terminals are operating below half of their capacity, reports…
International carriers operating in the Philippines are against the vessel-related cargo-handling rate increase sought by port operators International Container Terminal Services, Inc (ICTSI) and…
August 30, 2011
2 minute read
Palace asked to rule on Subic Naval Supply Depot award
The Subic Bay Metropolitan Authority (SBMA) has asked the Philippine Office of the President (OP) to rule on whether the Naval Supply Depot (NSD)…
August 30, 2011
2 minute read
Subic to host floating transshipment center
VALE Rio Doce, the world’s biggest iron ore miner, will start transshipment operations in the Philippines’ Subic Freeport in October. Under an agreement with…
August 24, 2011
1 minute read
Defer Manila ports expansion for Subic, Batangas to grow, Subic exec tells gov’t
SUBIC Bay Metropolitan Authority (SBMA) will seek a deferment of Manila ports’ expansion plans to give Subic and Batangas ports, north and south of…
August 22, 2011
2 minute read
Singapore container traffic grows 4.7 percent
The Port of Singapore’s container traffic went up 4.7 percent in July 2011 to 2.6 million 20-foot equivalent units (TEUs) from the same period…
August 22, 2011
1 minute read
Batangas, non-containerized operations drag ATI income
SLUGGISH performance of non-containerized operations and of Batangas Port clipped Asian Terminals, Inc’s (ATI) first-half net income by 14.2% to P782.2 million from P912.1…
August 22, 2011
1 minute read
MICT rolls out RFID-based gate, yard automation project
INTERNATIONAL Container Terminal Services, Inc (ICTSI) recently implemented a new automation system at the Manila International Container Terminal (MICT) and its Suape Container Terminal…
August 22, 2011
2 minute read
Maersk Line makes first call at new Cai Mep Terminal in Vietnam
On August 16, the Grete Maersk became the first Maersk Line ship to call at the newly opened Cai Mep International Terminal (CMIT) in…
August 22, 2011
1 minute read
Maersk makes modest revenue hike as container shipping profit nosedives
A.P. Moller-Maersk reported a single-digit increase in total revenue for the first half of the year, as profits from its container shipping division thin…
August 22, 2011
3 minute read
Philippine port operator eyes P3B for local, overseas expansion
THE Romero group of the Philippines, which owns private port operator Harbour Centre Port Terminals, Inc (HCPTI), is eyeing to raise about P3 billion…
August 17, 2011
2 minute read
SITC registers 27 percent hike in revenue in intra-Asia trade for H1 2011
SITC International expressed a positive outlook for the intra-Asia container shipping and logistics market in the second half of the year after posting US$510.6…
August 15, 2011
2 minute read
Asia-Europe shipping carriers plan GRIs, peak season surcharge
Two shipping lines serving the Asia-Europe lanes have announced general rate increases (GRIs) effective September 15 this year, while another carrier is poised to…
August 15, 2011
1 minute read
PSA leads the top 10 terminal operators based on equity TEU
The PSA topped the list of leading port owners in 2010, based on a new ranking system introduced this year. Industry analyst Drewry Maritime…
August 12, 2011
2 minute read
ICTSI inks deal with Croatian Railways
INTERNATIONAL Container Terminal Services, Inc, operator of the Adriatic Gate Container Terminal, recently signed another agreement with the Croatian Railways that increases the terminal’s…
August 10, 2011
1 minute read
Clark eyes P8B budget terminal
CLARK International Airport Corp (CIAC) is eyeing construction of an P8-billion budget terminal in Clark Freeport in Pampanga, north of Manila, next year under…
