PPA turns the corner, posts 264% jump in 2009 income
THE Philippine Ports Authority (PPA) reported a 264.17% jump in net income for 2009 to P1.788 billion from a net loss of P1.089 billion…
May 26, 2010
2 minute read
Local lines slap North Harbor operator with demurrage fee
A FEW domestic carriers are now charging North Harbor operator Manila North Harbour Port, Inc (MNHPI) a demurrage fee for delays in the servicing…
May 24, 2010
2 minute read
Mindanao box terminal doubles growth forecast
THE Mindanao Container Terminal (MCT) is doubling its volume growth forecast to 10% this year on hopes of more favorable trade following the recent…
May 19, 2010
2 minute read
Subic Bay, Clark locators call for policy continuity, seamless transition
ASIAN Terminals, Inc. (ATI) almost doubled its net income for the first quarter of the year, thanks to the strong performance of its container…
May 19, 2010
2 minute read
ICTSI bags first US port deal
INTERNATIONAL Container Terminal Services, Inc. (ICTSI) last week signed a 25-year lease agreement with the Port of Portland, paving the way for the terminal…
May 17, 2010
2 minute read
Mindanao terminal sees 52% jump in box volume
THE Mindanao Container Terminal (MCT) saw its first-quarter container volume rise 52% to 37,940 twenty-foot equivalent units (TEUs) from 24,868 TEUs in the same…
May 17, 2010
2 minute read
ATI Batangas case dismissed
THE Regional Trial Court (RTC) of Batangas has dismissed a case filed by Asian Terminals, Inc-Batangas (ATI-B) involving RGB Gemini Services, Inc for the…
May 17, 2010
1 minute read
Big North Harbor strike looms
LOCAL shipping lines are threatening to stage a strike simultaneous with another mass action planned by port workers currently undergoing mediation at the labor…
May 12, 2010
2 minute read
Selling Subic Bay to int’l carriers an uphill battle
DESPITE perks offered by the Subic Bay Metropolitan Authority (SBMA), Subic Bay will for now continue to play second fiddle to Manila ports. “Subic…
May 12, 2010
2 minute read
Local shipping lines nix lower freight rates at North Harbor
LOCAL shipping lines are not slashing freight rates at the North Harbor by 10% to reflect a similar percentage cut in port fees implemented…
May 10, 2010
1 minute read
Turn down SBMA request for poll ban exemption, Subic Bay cargo handlers ask Comelec
THREE of Subic Bay freeport’s biggest cargo-handling operators are asking the Commission on Elections (Comelec) to deny a Subic Bay Metropolitan Authority (SBMA) request…
May 10, 2010
2 minute read
Philharbor Ferries earmarks $79M for fleet modernization
PHILHARBOR Ferries and Port Services, Inc is allocating $79 million to buy 10 new roll on-roll off vessels starting this year. Philharbor president Christopher…
May 10, 2010
1 minute read
PPA forks out P2B for ports in ’09
THE Philippine Ports Authority (PPA) spent P2.15 billion in 2009 to construct and upgrade 16 ports nationwide. As of end-2009, 16 projects were fully…
May 10, 2010
1 minute read
ICTSI eyes US market, posts 107% hike in income
INTERNATIONAL Container Terminal Services, Inc (ICTSI) is seeking to penetrate the US market under a 25-year contract to operate Port of Portland’s Terminal 6,…
May 10, 2010
3 minute read
North Harbor laborers file notice of strike
DISGRUNTLED North Harbor laborers have filed a notice of strike for the alleged failure of Manila North Harbour Port, Inc (MNHPI), the port’s new…
Mitsui Osk Lines (MOL) vessel MOL Ability recently made its maiden call at the Manila International Container Terminal (MICT), International Container Terminal Services, Inc’s…
May 5, 2010
1 minute read
North Harbor partners display global ambitions
AFTER taking over the North Harbor last month, joint venture partners Harbour Center Port Terminals, Inc (HCPTI) and Metro Pacific Investment Corp (MPIC) said…
May 3, 2010
2 minute read
Subic cargo handler seeks stop to NSD award
CARGO-handler Amerasia International Services, Inc is seeking a stop to the awarding of the Naval Supply Depot (NSD) contract to Harbour Centre Port Terminal,…
May 3, 2010
2 minute read
North Harbor operator waives controversial fee
But challenges shipping lines to cut rates by 10% NEW North Harbor operator Manila North Harbor Port Inc (MNHPI) has agreed o waive the…
April 28, 2010
2 minute read
SCMAP sees shipment delays at the North Harbor
SUPPLY Chain Management Association of the Philippines (SCMAP) members are complaining of shipment delays at the North Harbor which have led to higher overheads.…
