With newly opened Myanmar providing a land link, South Asia and Southeast Asia now have a greater opportunity to build closer economic ties and…
Improved South-Southeast Asia connectivity key to boosting trade—ADB
The Latest
HK port workers accept 9.8% pay hike, end standoff
Dock workers on strike at Hongkong International Terminals (HIT) agreed to a 9.8 percent pay increase, ending their work stoppage that disrupted operations at…
Maersk Line appoints Schueler as new CCO
Maersk Line has recruited Stephen Richard Schueler as chief commercial officer effective May 27. Schueler, 46, came from Microsoft Corporation where he was the…
PH signs customs pacts with Russia, Netherlands
The Philippines has signed customs cooperation agreements with the Russian Federation and the Netherlands in a move the Bureau of Customs said would boost…
Korean study cites barriers to PH bid for ASEAN shipping integration
THE Philippines needs to address institutional barriers to be able to link up its shipping services with those of ASEAN, a Korean study says.…
Chemical market demand boosts tanker tonnage
DEMAND for chemical tankers is on the rise, partly influenced by increasing consumption as a result of a growing world population. Per Sylvester Jensen,…
PAL launching 12 new routes in expansion push
Philippine Airlines (PAL) is launching 12 new routes to Australia, China, Malaysia, the Middle East, and to Northern Luzon in the continuing expansion of…
Small liners boxed out of east-west trades
Smaller container shipping lines are pulling out of the east-west trades, no longer able to compete in the big-ship-dominated markets. The recent pullout of…
CFO of OOIL steps down
Orient Overseas (International) Limited (OOIL) announced that Kenneth Gilbert Cambie has resigned as an executive director and the chief financial officer of the company…
OOCL names new 13,208-TEU ship, CSCL to order 18,000-TEU vessels
Hong Kong-based Orient Overseas Container Line (OOCL) named its newly delivered 13,208-TEU (20-foot-equivalent) container ship NYK Hercules in a christening ceremony held April 29…
E-commerce propels UPS 1Q earnings higher
A stronger than expected post-holiday season in January lifted United Parcel Service’s first quarter earnings to US$1.04 billion, or $1.08 a share, up from…
Asia-Pacific airfreight shrinks in March, says IATA
Global airfreight markets weakened in March, and the improvement in growth rates that began toward end-2012 has stalled, according to the latest figures released…
New box terminal at Indonesia’s Port of Teluk Bayur opens
A new container terminal has been inaugurated at the Port of Teluk Bayur in Padang City, West Sumatra, Indonesia, that government officials claim will…
Manila port operator proposes crane rates lower than peers’
MANILA North Harbour Port Inc. (MNHPI) has filed a crane rate petition with the Philippine Ports Authority (PPA) as it began operating cranes to…
ATI expects gradual volume growth in Batangas port
Philippine-listed company Asian Terminals Inc. (ATI) said there has been an increase in containerized cargo operations in Batangas port, two hours south of the…
PH transport agency finalizing policy to fix airport congestion
A comprehensive airport policy that would tackle congestion at the Ninoy Aquino International Airport while laying down the growth strategy for the international air…
Malayan Towage adds 3 tugs to salvage fleet
Philippine company Malayan Towage and Salvage Corp. has acquired three tugboats for $20 million as the company, more popularly known as SALVTUG, continuously upgrades…
Ships linked to smuggling face delisting in PH
The Philippine Maritime Industry Authority (MARINA) is implementing a stricter policy in ship registration that aims to delist ships involved in illegal activities. The…
Roro operators keen on PH-Indonesia route
SHIPPING operators in the Philippines and Indonesia have shown interest in the General Santos-Bitung route, which connects two of the few designated ports of…
PH Customs misses target with P68.5B collections in Q1
The Philippine Bureau of Customs raised P68.5 billion in the first quarter of the year, P7.83 billion short of its P76.3-billion target for the…
