DAVAO CITY — Anflo Management and Investment Corp. (Anflocor), which owns Davao International Container Terminal (DICT) in Panabo, Davao del Norte, said it is…
The Latest
PPA compliant with new SOLAS rule on mandatory verification of box weight
Philippine ports are ready for the implementation of the International Maritime Organization (IMO) requirement to mandatorily verify weight of packed containers from July 2016,…
PPA updates Orange Book rules on shipping dangerous goods
The Philippine Ports Authority (PPA) will launch in December an updated version of its rule book on safety, health, and environmental management (SHEM), which…
APEC leaders unveil plan to create competitive roadmap for services sector
Asia-Pacific Economic Cooperation (APEC) leaders have agreed to develop starting next year a long-term roadmap to boost the competitiveness of the services sector in…
APEC Summit yields motley of cooperation pacts for PH
The Philippines sealed agreements, reaffirmed commitments, and explored various areas of cooperation with several countries at the Asia-Pacific Economic Cooperation (APEC) summit this week. During…
Asia-US box lines announce rate, non-rate adjustments heading into 2016
Container carriers on the Asia-U.S. trade lane are undertaking a phased rate hike in the next two months and making rate and non-rate adjustments…
PH gov’t asked to implement ASEAN multimodal transport pact
The Philippine logistics industry will not be able to compete with its Association of Southeast Asian Nations (ASEAN) peers unless the government institutionalizes provisions…
2Go posts 44% hike in income
2Go Group, Inc. reported a 44.4% growth in net income for the first nine months of the year, owing largely to the positive performance…
Lorenzo Shipping losses balloon by 47,128% in Q3
Philippine listed domestic carrier Lorenzo Shipping Corp. (LSC) reported a net loss of P164.54 million for the third quarter of the year from only…
ATI reports 6% profit dip in first three quarters
Philippine listed port operator Asian Terminals Inc. (ATI) reported a 6.3% drop in net income in the first nine months of 2015 to P1.308…
Indonesia’s GDP growth could touch lower end of 2015 outlook—central bank
The Indonesian economy is seen to post growth this year at one of its lowest levels in a number of years, hitting the bottom…
Blanked sailings, service suspension drag box carriers’ punctuality
Box vessels fell slightly behind in reliability in October, partly owing to network suspensions and void sailings, and the slower service is expected to…
Malaysian port logs 11% profit hike as box traffic hits record high
Westports Malaysia achieved “a strong set of financial results” in the first nine months of 2015 as profit and revenue grew, and the terminal…
October non-oil exports of Singapore contract
Singapore’s non-oil domestic exports (NODX) decreased 0.5% in October 2015 year-on-year following a 0.3% growth in the previous month, as contraction in electronic exports…
Ship operating costs seen to inch up in 2016-2017
The cost of operating cargo ships is forecast to rise over the next two years after falling in 2015, according to the latest “Ship…
APEC growth expected to soften in 2015, recover in 2016
Asia-Pacific economies continue to grow but at a moderated pace on account of slowing global trade, says a new Asia-Pacific Economic Cooperation (APEC) economic…
Indonesia vows closer agency coordination to sharpen industry competitiveness
Indonesia’s central bank, the central government, and local government units have agreed to work tightly together to further boost the country’s competitiveness in two…
DICT container volume jumps 24.8% in first 10 months
DAVAO CITY, PHILIPPINES — Davao International Container Terminal (DICT) said it expects double-digit growth in its 2015 container throughput, with volumes for the first…
PH carriers blame North Port’s new gate system for truck queues
Domestic shipping lines are asking Manila North Harbour Port, Inc. (MNHPI) to put on hold implementation of the newly installed automated gate system at…
Davao terminals become first two BOC-accredited authorized customs facilities
Two Davao-based terminals are the first facilities in the Philippines to ever secure accreditation as authorized customs facilities (ACF) under new Bureau of Customs…