Foreign shipping lines will be repositioning out of the Philippines as many as 30,000 empty containers over the next three months to help ease…
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World Bank study highlights policy barriers to PH shipping industry
Prohibitive policies that hinder open competition in the Philippines might be the reason for the weak state of the domestic shipping industry, according to…
Infrastructure best long-term remedy for PH road, port congestion—World Bank
The World Bank recommends investment in infrastructure as the long-term measure for the Philippines to solve the worsening congestion problems on roads and in…
Marina releases updated PH ship registry
A total of 116 vessels had been registered in the Philippines as of March 2014, according to the Maritime Industry Authority (Marina). Of the…
ICTSI upgrades MICT tracking system
International Container Terminal Services, Inc. (ICTSI) has updated its online container-tracking system developed in-house for its flagship terminal, Manila International Container Terminal (MICT). ICTSI,…
Two PH traders charged with smuggling in 1.3M kilos of glutinous rice
The Bureau of Customs (BOC) has filed smuggling charges against two Cagayan de Oro-based rice traders who illegally imported over 1.3 million kilograms of…
Freight forwarder joint liability with ocean carrier
Is the freight forwarder solidarily liable with the ocean carrier? Yes. And this is the story. Sometime in 2000, Artis Trading Phils,…
Box traffic at Singapore port accelerated 4% in 2014
The Port of Singapore maintained its vibrant growth as one of the world’s busiest ports in 2014, according to Transport Minister Lui Tuck Yew.…
Kerry Logistics attempts to expand in ASEAN with Indonesia JV
Asian freight forwarder Kerry Logistics has formed a joint-venture company in Indonesia as it seeks to tap into the country’s growing supply chain network…
Container shipping not much better off in 2014, upbeat about 2015
The box freight market in the previous year hardly saw any significant changes from the last few years, but the industry is more optimistic…
Box liner reliability slumps further at year-end
Container ship reliability in all three main trades fell for the second month in a row in December, according to the latest data from…
Far East-US box carriers set February GRI as Chinese New Year nears
Asia-U.S. container lines in the Transpacific Stabilization Agreement (TSA) are poised to levy a general rate increase (GRI) next month. In a statement, TSA…
Vietnam shipping lines seek to keep foreign vessels at a distance
The local shipping industry in Vietnam is asking the state government to continue keeping foreign carriers off the country’s waters. This as the Vietnam…
IMF: 2015 faces very strong headwind
Despite the boost from cheaper oil and stronger U.S. growth, global recovery in 2015 will face a “very strong headwind,” warned Christine Lagarde, managing…
Malaysia revisiting trade outlook as it predicts challenging 2015
The Ministry of International Trade and Industry (MITI) of Malaysia said it expects 2015 to be a “challenging” year as it currently reviews the…
HK airlines make volume headway, laud gov’t aviation plans
Hong Kong sister carriers Cathay Pacific and Dragonair demonstrated a notable increase in cargo tonnage in December compared to the same month in 2013.…
Prepare for ‘considerable’ risks to economy in 2015, developing nations told
After growing by an estimated 2.6 percent in 2014, the global economy is headed for fragile recovery, projected to expand by 3 percent this…
Hong Kong port volumes to stay healthy in 2015 and beyond
The Port of Hong Kong holds the top position in Hong Kong’s maritime sector in both total tonnage and container throughput, and the facility…
Cargo volumes in Asia-Pacific still up but slip behind growth trend
Airfreight traffic sustained its upward trend with a year-over-year growth rate of 4% in November, according to Airports Council International (ACI). Overall accumulated global…
BOC cuts empty container dwell time to 90 days
The Bureau of Customs (BOC) has shortened the period within which it allows empty foreign containers to stay in the country without having to…