Chelsea Logistics Holdings Corp. (CLC) posted a net income of P360 million in the first half of 2018, 29% higher than 278 million reported…
Chelsea Logistics profit climbs 29% in H1
The Latest
Yang Ming orders ten 2,800-TEU box ships
Taiwanese shipping line Yang Ming Marine Transport Corp. has signed a contract with a shipbuilding company for the construction of ten 2,800 twenty-foot equivalent…
BIR asked to investigate unpaid taxes of foreign shipping lines
The Department of Trade and Industry (DTI) will call on the Bureau of Internal Revenue (BIR) to look into possible unpaid taxes of foreign…
Harbor Star expands operation to other ports with latest acquisition
Marine service provider Harbor Star Shipping Services, Inc. (HSSSI) has acquired 31% of the outstanding capital stock of tugboat operator High Energy Marine Services,…
Draft amendment to domestic shipping act gets first pass in Lower House
The House of Representatives has approved on first reading a bill seeking to amend the Domestic Shipping Act of 2004 in order to allow…
BOC lines up various automation projects
The Philippines’ Bureau of Customs (BOC) Management Information System and Technology Group (MISTG) has programmed short- and medium-term automation projects to modernize the agency’s…
PAL’s Manila-Sapporo service takes off next month
Philippine Airlines (PAL) will begin operating its Manila-Sapporo route on September 10, 2018 to provide nonstop air service to the popular Japanese destination. Sapporo,…
Completion of NLEX Harbor Link Segment 10 eyed by year-end
The Department of Public Works and Highways (DPWH) is pushing to complete by yearend the North Luzon Expressway (NLEX) Harbor Link Segment 10 as…
Cebu Pacific introduces Manila-Melbourne service
Low-cost carrier Cebu Pacific has launched on August 14 its maiden Manila-Melbourne service, offering thrice-weekly flights using its Airbus A330 aircraft. The new service…
Putting up the Case for Business Automation
This may now be a cliché but there is substance to the often repeated accusation that the logistics industry keeps its distance from technology…
The Right Time
Why is now the right time for us at SCMAP to establish a chapter in Mindanao? To be honest, the time has…
Maersk delivers profit in a challenged market
A.P. Moller-Maersk said it showed progress in the second quarter as it swung to profit, saw revenue growth, and realized synergies through further business…
BOC alerts misdeclared magnetic lifter in Manila port
Customs commissioner Isidro Lapeña inspected on Aug 15 five alerted containers that arrived at the Port of Manila (POM) for possible misdeclaration. The shipment from China…
BOC intensifies war on drugs, seizes P37.3-M illegal drugs in NAIA
The Bureau of Customs-Ninoy Aquino International Airport turned over some P37.3 million worth of illegal drugs to the Philippine Drug Enforcement Agency (PDEA) on August 15.…
Customs seizes P15-M worth smuggled sugar, exposes new modus
The Bureau of Customs (BOC) seized P15 million worth of smuggled sugar, following inspection of 28 alerted shipments at the Manila International Container Port (MICP)…
Yang Ming earnings plunge in Q2 as fuel prices rise
Taiwanese ocean carrier Yang Ming Marine Transport Corporation reported an expanded net loss in the second quarter of 2018 despite slightly higher revenues and…
Record cargo volumes drive 18.2% hike in ATI H1 income
Record cargo volumes handled by its international gateway ports in Manila and Batangas boosted the first semester results of listed port operator Asian Terminals…
ICTSI H1 income slips 6% despite revenue growth
Global port operator International Container Terminal Services, Inc. (ICTSI) reported a net income attributable to equity holders of $97.7 million in the first half…
Royal Cargo, SBITC forge partnership
Subic Bay International Terminal Corp. (SBITC) is collaborating with specialized logistics solutions provider Royal Cargo, Inc. to provide seamless movement of goods to and…
AP Cargo embraces digitization with future-proof integrated logistics suite
Philippine express logistics service provider AP Cargo Logistics Network Corporation has tapped Indian-based software product and service provider Ramco Systems Limited to provide an…
