ICTSI declares 25% income growth for first 9 months

Port operator International Container Terminal Services, Inc. (ICTSI) reported a net income of US$204.968 million in the first nine months of 2019, 25% higher…

PPA H1 income up 31% on higher revenue, lower expenses

The Philippine Ports Authority (PPA) recorded a net income of P5.818 billion in the first half of 2019, 31.34% higher than the P4.429 billion…

PLSA raises concerns on PPA’s proposed uniform tariff

The Philippine Liner Shipping Association (PLSA) is seeking clarification on uniform tariff rates the Philippine Ports Authority (PPA) wants applied to ports won through…

Harbor Star reports modest increase in first-semester income

Harbor Star Shipping Services, Inc. (HSSSI) reported a service income of P678.3 million for the first half of 2019, a 4% increase from the…

Truck drivers to undergo discipline training

Truckers will conduct training for their drivers in response to Manila Mayor Francisco “Isko Moreno” Domagoso’s request to instill discipline among drivers, who he…

ICTSI Manila continues equipment roll-out

International Container Terminal Services, Inc. (ICTSI) recently took delivery of another new quay crane (QC) and eight new hybrid rubber tired gantries (RTGs) for its flagship Manila…

Local ships ordered to give way to those carrying perishables during emergencies

All domestic shipping vessels must assist and accommodate ships carrying perishable goods during national emergencies such as port congestion, weather disturbance, or other natural…

Build the ecosystem

One of the questions raised during the recently concluded 10th Philippine Ports and Shipping 2019 seemed easier to answer than it actually is: why…

PPA: 20.8% of planned 2018 port projects completed by Oct

In the first 10 months of 2018, the Philippine Ports Authority (PPA) completed 31 out of its 149 planned projects nationwide aimed at improving…

PPA Jan-Oct income inched up 0.28% as port rehabilitation costs soared

The Philippine Ports Authority (PPA) recorded a modest increase in net income in the first 10 months of 2018, owing to higher revenues boosted…

BOC to require shipping lines to open more depots

The Bureau of Customs is looking to require international shipping lines to open more container depots. This is one of the measures being eyed…

DOTr, PPA: trucking holiday not effective, only 8% of trucks in Manila ports joined

The Department of Transportation (DOTr) and Philippine Ports Authority (PPA) said the first day of the trucking holiday on Nov 19 staged by some…

Batangas Container Terminal handles record 200,00th-TEU cargo

Batangas Container Terminal (BCT) in southern Luzon has reached its 200,000th twenty-foot equivalent unit (TEU) cargo volume mark for the first time in a…

PPA bares guidelines for awarding of port management contracts

The Philippine Ports Authority (PPA) has released guidelines for selecting and awarding contracts under its Port Terminal Management Regulatory Framework (PTMRF), which outlines the…

ICTSI now owns 50% of domestic port operator Manila North Harbour

International Container Terminal Services, Inc. (ICTSI) has acquired an additional 15.17% stake in Manila North Harbour Port, Inc. (MNHPI) for P910 million, increasing its…

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…

Transport industry stalwarts gather for Visayas, Mindanao shipping conferences on Aug 2-3

Shipping and customs stakeholders are set to convene at the 2nd Visayas Shipping Conference 2018 and 3rd Mindanao Shipping Conference 2018 to discuss trade…

Harbor Star profit balloons 30.5% in first first three months

Philippine marine services provider Harbor Star Shipping Services, Inc. (HSSSI) reported a net profit of P30.140 million in the first quarter of 2018, or…

ICTSI earmarks $25M for further port expansion works this year

Global port operator International Container Terminal Services, Inc. (ICTSI) is allotting US$25 million in additional working capital to continue its domestic and foreign expansion…

PH study bares long list of grievances by logistics service providers

Government restrictions in the form of laws and regulations can adversely affect the price, reliability, and quality of distribution, multimodal transport, and logistics (DML)…