The Bureau of Customs (BOC) recently seized 200 containers of Thai white rice estimated to be worth P250 million at the Manila International Container…
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TradeNet beefed up with cybersecurity features
TradeNet, the government’s digital trading platform that aims to reduce the processing time and number of transactions for import and export clearances, will be…
Moody’s predicts stable outlook, 4%-5% earnings for box shipping
The outlook for the container shipping segment remains stable, with economic and trade growth both supporting demand, although overcapacity may prevent further freight rate…
Transshipments drive May air cargo growth for HKIA, Cathay Pacific
A surge in transshipments pushed air freight volumes higher in May year-over-year for both Hong Kong International Airport (HKIA) and national flag carrier Cathay…
IMO standardizing data for electronic exchange of vessel information
The International Maritime Organization’s (IMO) Facilitation (FAL) Committee approved at its 42nd session a completely revised and updated structure for the IMO’s Compendium on…
Container liners eye slow steaming amid rising fuel prices
Box shipping lines such as industry leaders Mediterranean Shipping Company (MSC) and Maersk Line are now looking at slow steaming on some routes as…
PIA donates land for new BOC building; DEA to be located inside MCT
Government-owned and controlled corporation Phividec Industrial Authority (PIA) has provided the Bureau of Customs (BOC) 1.5 hectares of land at the Mindanao Container Terminal…
Manila port operators donate P20M worth of equipment to MMDA
Manila port operators International Container Terminal Services, Inc. (ICTSI) and Asian Terminals Inc. (ATI) have donated at least a P20 million worth of safety…
Stronger links between ASEAN and Russian customs agencies urged
Philippine Finance Secretary Carlos Dominguez III has called for closer cooperation between the Russian Federation and the Association of Southeast Asian Nations (ASEAN) in…
PH domestic trade strengthens in Q1
The Philippines’ domestic trade grew 5.4% in volume in the first quarter of 2018 to 5.11 million tons from 4.85 million tons in the…
PMTLAI inducts officers, unveils 5-point action plan for 2018-19
Philippine Multimodal Transport and Logistics Association, Inc. (PMTLAI), the merged group of Philippine International Seafreight Forwarders Association (PISFA) and Aircargo Forwarders of the Philippines,…
HMM signs LOIs with 3 shipyards to build 20 mega box ships
South Korean leading container shipping liner Hyundai Merchant Marine Co. (HMM) has signed separate letters of intent (LOIs) with the country’s three major shipbuilders…
Indonesia building more cargo terminal ports to support industry
Indonesian state-owned port operator Pelindo I is constructing a number of cargo terminal ports in the regions as a strategy to promote local industrial…
DOF reviewing implementation of common carriers’ tax
The Philippine Department of Finance (DOF) said it will review current revenue regulations on the common carriers’ tax imposed on international air and sea…
BOC seizes P4.5M in smuggled onions at Manila port
The Bureau of Customs (BOC) has seized three forty-foot equivalent units (FEUs) containing smuggled onions with an estimated worth of P4.5 million at the…
PPA adds more ports to its integrated management network
The Philippine Ports Authority (PPA) has rolled out its integrated management system (IMS) in more ports in the country to facilitate vessel entrance and…
Marina’s 2017 revenues below 2016 figure by 21%
The Philippines’ Maritime Industry Authority (Marina) recorded revenues of P901.121 million in 2017, 21% lower than the P1.14 billion generated in 2016 but 3%…
BOC-NAIA gets new portable x-ray machines
The Bureau of Customs (BOC) has installed seven new hand-carried x-ray machines in three terminals at the Ninoy Aquino International Airport (NAIA) in a…
ATI improving yard space at South Harbor as volumes grow rapidly
Asian Terminals Inc. (ATI) is expanding the yard capacity of Manila South Harbor to 1.6 million twenty-foot equivalent units (TEUs) annually in anticipation…
PPA undertakes ambitious automation drive
The Philippine Ports Authority (PPA) is migrating to automated and mobile operations to become more responsive to the demands of global trade. For starters,…