The Philippine Competition Commission (PCC) has started phase one of its review of Udenna Corporation’s takeover of Trans-Asia Shipping Lines following the holding company’s…
The Latest
Drewry: shippers uneasy about lack of fuel cost transparency ahead of IMO 2020
Results of a survey conducted by Drewry showed there is considerable unease among global shippers, beneficial cargo owners (BCO), and freight forwarders ahead of…
EU maritime groups assail ‘unfair trade practices’ in Far East
The Shipyards’ and Maritime Equipment Association (SEA) Europe and the European Community Shipowners’ Association (ECSA), the trade associations representing European shipbuilding and maritime equipment…
Nov 16 seminar to guide businesses on trade planning, customs compliance
Singapore and the Philippines’ leading trade and customs experts will conduct a seminar on “Managing Your International Trade in the Philippines and Beyond in…
CDAP warns of depot space shortage
Empty containers may soon have to be returned to depots outside Metro Manila as off-dock depots within the metro are fast filling up even…
IRR of PH strategic goods law requires registration of LSPs
The Philippine government has finally released the implementing rules and regulations (IRR) of the Strategic Trade Management Act (STMA), which requires among others the…
BOC-Legazpi surpass 2018 revenue collection target 3 months early
The Bureau of Customs (BOC)-Port of Legazpi has exceeded its annual revenue collection target for fiscal year 2018, the second collection district after the…
Chelsea Logistics seeks to rehabilitate Davao-Sasa port for P11.2B
Chelsea Logistics Holdings, Corp. (CLHC) has submitted an P11.2-billion unsolicited proposal to rehabilitate and develop Davao-Sasa port. In a regulatory disclosure, CLHC said the…
DOF: 5 customs officials sacked over SALN irregularities
Five employees of the Philippine Bureau of Customs (BOC) were dismissed from service this year as part of the Department of Finance’s (DOF) anti-graft…
ICTSI begins berth expansion works at MICT this month
The Philippine Ports Authority (PPA) has given the nod for capacity improvements at the Manila International Container Terminal (MICT), the flagship operation of International…
Order aims to secure BOC’s e2m system from security threats
The Philippine Bureau of Customs (BOC) has finally released its user policy on the access of its electronic-to-mobile (e2m) system, defining the bureau’s expectations…
Chelsea Logistics’ fleet continues to expand with launch of 2 vessels
Chelsea Logistics Holdings Corp. (CLHC) inaugurated an oil tanker, the Philippines’ biggest vessel to date, and a brand-new roll-on/roll-off passenger (RoPax) ship, the latest…
Logistics part of NEDA’s PH national transport policy
The National Economic and Development Authority (NEDA) has released the draft implementing rules and regulations (IRR) of the Philippine National Transport Policy (NTP), which…
PH gets P2B JICA loan to fund New Bohol Airport’s phase 2 development
The Philippines’ Department of Finance (DOF) and Japan International Cooperation Agency (JICA) have signed an agreement extending a JPY4.376-billion (about P2.10 billion or US$40.61…
Drewry reverses box shipping outlook as clouds gather
Global shipping consultancy Drewry has downgraded its forecast for container demand over the next five years, pointing to a gloomier world economic outlook and…
Hapag-Lloyd to implement ‘marine fuel recovery mechanism’ next year
German container shipping liner Hapag-Lloyd will gradually implement a “Marine Fuel Recovery” (MFR) mechanism from January next year to cope with higher fuel costs…
ICAO: ASEAN air traffic to triple by 2033 but needs enhanced safety oversight
The International Civil Aviation Organization (ICAO) said air traffic volumes in Southeast Asia are expected to more than triple 15 years from now, opening…
PIL, IBM collaborate in blockchain trial to create electronic bill of lading
Pacific International Lines (PIL), Singapore’s national carrier and leading containership operator, is collaborating with IBM Singapore in a blockchain trial to design and create…
UNCTAD report warns trade wars a threat to global shipping outlook
Trade volume by sea expanded a healthy 4% in 2017, the fastest growth in five years, and similar growth is forecast for this year,…
BOC Sept revenue inches up 0.9% over target
The Bureau of Customs (BOC) collected P52.420 billion in revenue for September 2018, or 0.9% higher than the agency’s monthly target of P51.956 billion…