Mitsui & Co gives ICTSI competition on Singapore port operator bid
INTERNATIONAL Container Terminal Services, Inc (ICTSI) may need to up its bid if it wants to acquire a majority stake in Singapore-based port operator…
July 18, 2011
2 minute read
Sri Lanka invests in Colombo and Hambantota port expansions
Sri Lanka aspires to build an Asian shipping hub that will compete against Singapore and Dubai by investing $3.4 billion into expanding ports in…
July 18, 2011
2 minute read
Sarawak’s Tanjung Manis port adopts global quality standards
Improvements continue at the Tanjung Manis Integrated Port (TMP) to ensure that the only deep-sea port in central Sarawak in Malaysia meets international standards,…
July 18, 2011
1 minute read
Drewry: Box shortage to drag on
The critical shortage of containers in 2010 will ease slightly but steep prices and a tight ratio of containers to vessel slots will still…
July 15, 2011
1 minute read
North Port eyes 7.7% more volume this year
MANILA North Harbour Port, Inc (MNHPI) expects to handle 700,000 twenty-foot equivalent units (TEUs) at its North Port facility from 650,000 TEUs last year,…
July 13, 2011
1 minute read
Philippine ports agency income up 6% in first four months
THE Philippine Ports Authority’s (PPA) net income for the first four months of the year grew 5.68% to P1.363 billion, thanks to a 7.49%…
July 13, 2011
1 minute read
OOCL delays peak season surcharges
Orient Overseas Container Line (OOCL) has announced the postponement of its planned eastbound trans-Pacific peak season surcharges to August. The Hong Kong-based container shipping…
July 13, 2011
1 minute read
Philippine ports ink deal with Incheon
PORTS controlled by the Philippine Ports Authority (PPA) recently forged a sister port agreement with Incheon in South Korea. “This is an encouraging step…
July 11, 2011
1 minute read
PPA to spend P1.5B for ’11 projects
THE Philippine Ports Authority (PPA) has set aside P1.5 billion in capital expenditures this year to complete projects started by the previous administration as…
July 11, 2011
1 minute read
Containership deliveries for 2012 forecast to break records
Next year, 2012, promises to be a record-breaker for deliveries of new containerships, predicts one of the world’s largest chartering and shipbroking companies. Braemar…
July 11, 2011
2 minute read
Manila North Harbor operator told to stick to contract terms
MANILA North Harbour Port, Inc (MNHPI) should complete construction of a 52-hectare dock at the North Harbor by 2015 as stipulated in its contract,…
July 6, 2011
1 minute read
Mobile harbor offers more savings, less pollution
If the ship cannot come to the harbor, then the harbor must come to the ship. This in essence is the philosophy behind the…
OOCL hikes rates on Southeast Asia-Australia services
Orient Overseas Container Line announced an increase in its freight rates for traffic from Southeast Asia to Australia from August 1, 2011. In a…
July 4, 2011
1 minute read
Manila North Harbor manifest requirement disrupting domestic lines’ operations
DOMESTIC shipping lines in the Philippines are starting to feel the onus of a Bureau of Customs (BOC) ruling requiring submission of copies of…
July 4, 2011
2 minute read
Geraldine Knatz voted IAPH president
The International Association of Ports and Harbors (IAPH) has elected Geraldine Knatz, executive director of the Port of Los Angeles, its 29th president, succeeding…
June 27, 2011
1 minute read
ICTSI subsidiary gives formal offer on Singapore port operator
ICTSI Far East Pte Ltd — a subsidiary of Philippine-based port operator International Container Terminal Services, Inc. (ICTSI) — has formally offered to buy…
June 27, 2011
1 minute read
Subic, South Africa ports eye cooperative deal
SUBIC Bay Metropolitan Authority (SBMA) in the Philippines is eyeing a cooperative agreement with a South African port. A South African delegation, led by…
June 27, 2011
1 minute read
PEZA, freeport zones eye own version of automated export system
THE Philippine Economic Zone Authority (PEZA) and the freeports of Clark and Subic will test their own automated export declaration system this week in…
June 22, 2011
1 minute read
Indonesia to construct vital port in Sorong
Indonesia’s state port operator PT Pelindo II plans to build a $13-billion modern container port in Sorong, Papua province, to function as a domestic…
June 22, 2011
1 minute read
Indonesia to construct vital port in Sorong
Indonesia’s state port operator PT Pelindo II plans to build a $13-billion modern container port in Sorong, Papua province, to function as a domestic…
