MacroceanHong Kong-based carrier Macrocean International Shipping Ltd. has started a new China-Manila weekly service, bolstered by optimism over the growing trade between the two countries.

The new service route, LZ Express service, has the port rotation Manila-Shantou-Shihu-Weitou-Xiamen-Manila.

Liberian-flagged vessel Vega Tau, which has a capacity of 990 twenty-foot-equivalent units (TEUs), had its maiden call at Manila South Harbor last November 24, discharging 400 TEUs.

“The ever increasing volume of trade between China and the Philippines is the clear guarantee that our weekly feeder will succeed,” Macrocean Philippine agent Alexandria Marine and General Shipping Agency, Inc. told PortCalls in an email.

China remains the country’s top import source and the third destination for merchandise exports.

You May Also Like

Contract box rates on East-West trades to dive further, forecasts Drewry

Maritime consultancy and analyst Drewry predicts that contract freight rates will fall even more steeply this year as they play “catch up” to spot…

Pelindo II awarded contract for container terminal upgrade in Tanjung Priok port

Indonesia’s Pelindo II has been given the infrastructure contract for the Kalibaru container terminal project in the Port of Tanjung Priok, north Jakarta, after…

Lorenzo Shipping wins petition to drop BIR’s P2B tax case

The Philippine Commission on Tax Appeals (CTA) has granted Lorenzo Shipping Corporation’s (LSC) petition to cancel the P2-billion tax deficiency case filed against the…