Ship owners, managers and charterers expressed a small increase in industry confidence and in optimism about making major new investments in the next 12…
Shipping confidence up despite overtonnage, eurozone fears—survey
The Latest
Namsung Shipping to beef up Southeast Asia fleet
Intra-Asia carrier Namsung Shipping of South Korea has ordered three 1,850-TEU container ships from an unspecified Korean shipbuilding yard for delivery in the first…
PH port districts predict 1-11% volume growth for ’12
The five port district offices (PDOs) under the Philippine Ports Authority (PPA) — Manila and North Luzon, Southern Luzon, Visayas, Northern Mindanao, and Southern…
ATI eyes twice the volume at South Harbor
By 2022, Philippine port operator Asian Terminals, Inc (ATI) expects to handle 1.9 million twenty-foot equivalent units (TEUs) at its South Harbor terminal, double…
6th Philippine Maritime Golf Tournament draws more than 70 enthusiasts
More than 70 players from different member sectors of the Philippine Inter-island Shipping Association (PISA), their business partners and associates, friends and supporters in…
PH toll operator secures P1B loan for expansion
Manila North Tollways Corp (MNTC) has obtained an unsecured P1-billion fixed rate loan from two insurance companies, enabling it to bankroll its 2012 expansion…
A Rosier Picture
It is ironic that as the export community celebrates the National Exporters’ Week this month, it is again experiencing serious challenges. The September export…
Christmas 2011 IT Wish List
Below is my wishlist for Christmas 2011 which I want to share with our readers: BOC and e2m System – Tangible action on the…
Yang Ming, InterAsia add Taiwan-Indonesia loop
Taiwan’s Yang Ming and InterAsia Lines, a subsidiary of Taiwan-based Wan Hai Lines have partnered in launching a dedicated Taiwan-Indonesia lane. Introduced on December…
Vietnam’s Cai Mep port registers new berth productivity milestone
The Cai Mep International Terminal (CMIT) in Vietnam’s Ba Ria-Vung Tau province said it achieved a new berth productivity milestone in container vessel handling after…
Fairmount Sherpa delivers rig Noble Paul Romano in Egypt
Fairmount Marine’s tug Fairmount Sherpa has safely towed the semi-submersible drilling rig Noble Paul Romano from the Gulf of Mexico to Egypt. The tow…
S&P downgrades ‘K’ Line debt rating
The long-term corporate credit and senior debt rating of Kawasaki Kisen Kaisha (“K” Line) has been cut down to BB from BB+ by ratings…
Panalpina expanding its logistics footprint in China
Panalpina, one of the world’s leading providers of supply chain solutions, has opened a new logistics center in the Chinese city of Tianjin. The…
Japan’s high-tech industry looks to Southeast Asia as supply source
Japanese high-tech companies are shifting supply-sourcing locations from domestic to other Asian countries such as Southeast Asia, results of a survey commissioned by UPS…
CSAV adds new service to Asia-Black Sea loop
Compañía Sud Americana de Vapores (CSAV) announced it will add a new service to the Asia-Black Sea trade effective February 2012. The Chilean shipping…
Manila container depots full but revenues lackluster
The yards of the members of the Container Depot Association of the Philippines (CDAP) may be full but no one is ecstatic due to…
P2.7B container terminal to rise in Davao del Norte
The Philippine-based Anflocor Group of Companies will sink in P2.7 billion to build a container terminal in Panabo City in Davao del Norte, in…
Express lane for PH freight forwarders’ accreditation, renewal in the works
The Philippine International Seafreight Forwarders Association (PISFA) and the Philippine Shippers’ Bureau (PSB) are set to sign a memorandum of agreement (MOA) on January…
Cebu Pacific Xiamen flights start March 23
PHILIPPINE-based budget airline Cebu Pacific will commence its thrice-weekly Manila-Xiamen-Manila service on March 23, 2012. Flights for the route, the airline’s 18th international destination, are…
PAL passenger volume dips 20% from Sept-Nov
Philippine Airlines’ (PAL) passenger volume declined for the September to November period following protests mounted by former employees against the airline’s spin-off program. Domestic…
