Volume growth jacks up ATI profit 9.1% in first 9 months

Listed Philippine company Asian Terminals Inc. (ATI), operator of Manila South Harbor and Batangas Port, reported a net income of P1.43 billion for the…

ASEAN ports official identifies 2 biggest challenges of regional ports

Ports in the Association of Southeast Asian Nations (ASEAN) are encouraged to increase capacity to accommodate the changing nature of the shipping industry, specifically…

ICTSI posts 5% profit growth

Global port operator International Container Terminal Services, Inc. (ICTSI) reported a 5% increase in net income in the first nine months of 2016 to…

PH gov’t to spend P8T on massive infrastructure agenda over next 6 years

The Philippine government has drawn up a list of 14 priority infrastructure projects for rollout over the next five years in a bid to…

PH seaports further hike security measures as All Saints’ Day nears

With the expected passenger surge during the All Saints’ Day break, the Philippine Ports Authority (PPA) is implementing stricter security checks at various ports…

PH transport agency gets specific on projects aimed at solving transport woes

The Department of Transportation (DOTr) said it needs an estimated initial budget of P3.859 billion for its proposed maritime projects, stressing that these can…

ICTSI Subic services largest vessel to call Subic port

Subic Bay International Terminal Corp.  (SBITC) recently serviced the largest container vessel to call at the New Container Terminals 1 & 2 at the Port of Subic, the APL Tourmaline.…

BOC 2016 collection target cut by 18%

The Bureau of Customs collection target for 2016 has been slashed by 18% to P409 billion from P498.67 billion on account of the continuous…

PPA escalates PH outport upgrades, reviews Davao-Sasa project

The Philippine Ports Authority (PPA) will continue to modernize ports, especially those in southern Philippines, to heighten their capability to handle cargoes coming from…

6 lines begin co-loading foreign cargo for domestic transshipment in PH

Six foreign carriers operating in the Philippines are now taking advantage of the provisions of the Foreign Ships Co-Loading Act, according to Association of…

PH ports’ cargo throughput up 12.5% in first semester

Cargo volume handled by Philippine ports grew 12.5% in the first half of 2016, with both foreign and domestic segments registering improvement during the…

BOC Aug collection misses target by 5%

The Philippine Bureau of Customs’ (BOC) revenue collections in August grew 21.4% to P32.7 billion compared with the same month last year’s P26.895 billion,…

PH bulk, break bulk terminals need improvement, PPA told

Along with improving container ports, the Philippine Ports Authority (PPA) should also develop bulk and break bulk terminals, according to a port executive. Ramon…

Batangas terminal throughput shoots up 4.9% in Jan-Jul

Batangas Container Terminal (BCT) has steadily sustained higher volumes, handling 85,000 twenty-foot equivalent units (TEUs) of international containers for the first seven months of…

Harbor Star obtains construction contracting license

Maritime services provider Harbor Star Shipping Services, Inc. (HSSI) has secured its contractor’s license, allowing the company to undertake construction contracting projects, including the…

P860B budget for PH transport infrastructure in 2017

The Duterte administration has submitted to Congress its proposed 2017 national budget amounting to P3.35 trillion, of which 10.6% is allotted for the development…

ATI 1H income up 1% on higher Manila, Batangas traffic

Higher volume of shipments at its Manila and Batangas operations lifted port operator Asian Terminals Inc.’s (ATI) net income by 1% in the first…

ICTSI posts 12% dip in first-half income

Global port operator International Container Terminal Services, Inc. (ICTSI) reported a net income of US$92.6 million in the first half of 2016, a 12%…