Japan-based carrier Nippon Yusen Kaisha Line (NYK Line) has doubled its weekly calls at Subic Port, a few months after it started its ad-hoc…
NYK Line increases calls to Subic
The Latest
SMC a possible bidder for Davao-Sasa port project
Conglomerate San Miguel Corp. has taken an interest in the P17-billion Davao-Sasa port modernization project of the government. Public-Private Partnership Center executive director Cosette…
BOC to launch electronic filing of certificates of origin
The Bureau of Customs has tapped value-added service provider InterCommerce Network Services, Inc. (INS), to introduce a cloud-based solution that will automate filing of…
DTI order expedites release of import cargoes held for cause
Philippine importers, traders, indentors, producers, and customs brokers with shipments held due to compliance issues can now refer to a newly released memo from…
Subic port offers longer free storage period for export boxes
The Subic Bay Metropolitan Authority (SBMA) has extended by three more days the free storage period for export containers to entice more shippers to…
Importer hauled to court a third time for smuggling 14M worth of sugar
The Bureau of Customs (BOC) filed a third round of smuggling charges against the owner of New Dawn Enterprises for alleged illegal importation of…
BOC to strictly enforce CPRS renewal policy
The Bureau of Customs (BOC) reminded importers and customs brokers with expiring registration with the Client Profile Registration System (CPRS) to submit their yearly…
Pacific Concord-Hyundai agreement
Pacific Concord Container Lines, Inc (Southern Philippine branch) recently signed a sub-agency marketing agreement with Hyundai Merchant Marine (HMM) Phils Co. Photo shows L…
Deutsche Post DHL posts profit decline, still confirms targets
Logistics powerhouse Deutsche Post DHL is off to a moderate start with profit flat in the first quarter of the year despite higher revenues…
Shipping to see earnings grow 5%-7%—Moody’s
Credit rating agency Moody’s has given the global shipping industry a stable outlook for the next 12 to 18 months. “Moody’s-rated shipping companies should…
Zim upgrades Asia-ECSA service amid improved traffic outlook
Israeli shipping line Zim Integrated Shipping is expanding its services between Asia and the East Coast of South America (ECSA), as Drewry noted a…
More subdued growth in airfreight traffic
March saw global airfreight volumes recording slower growth, rising 1.4% year-over-year, according to the latest statistics from Airports Council International (ACI) World. The tapered…
Indonesia’s economic growth dips in Q1
The economy of Indonesia registered a decline in growth rate during the first quarter of 2015 owing to poor government spending and weaker exports,…
BOC waives e-manifest penalty for 7 days
The Bureau of Customs (BOC) will not impose penalties related to the implementation of the electronic submission of airfreight manifests, which begins on May…
HCM to put up SEZ to invigorate shipping industry
Vietnam is to build a special economic zone (SEZ) in Ho Chi Minh (HCM) City that is envisioned to spur the further socioeconomic development…
Evergreen strengthens intra-ASEAN service
Carriers continue to open new intra-Asia lines, specifically in Southeast Asia, the latest to do so being Evergreen Line. The Taiwan-based box liner said…
PH gov’t mulls agency that can keep tabs on foreign liners’ charges
The government plans to review whether it has the legal power to regulate charges of international shipping lines operating in the Philippines, following stakeholders’…
APL Logistics expands footprint in Jakarta
Singapore-based APL Logistics has opened a new container freight station (CFS) in Jakarta, Indonesia, to increase its share of the growing logistics market in…
IMF outlook: Asia-Pacific to outperform other regions in 2015-16
The International Monetary Fund (IMF) projects a robust, stable outlook for the Asia-Pacific region but also sees continued risks to its economic growth linked…
TSA announces rate hikes ahead of anticipated robust traffic
Asia-U.S. carrier group Transpacific Stabilization Agreement (TSA) is recommending general rate increases (GRIs) in the next two months as well as a peak season…
