Carriers, shippers reject 37% tariff hike petition of Manila port operator

Manila North Harbour Port, Inc.’s (MNHPI) petition to impose a more than 30% increase in cargo-handling tariff at North Port has no basis, claim…

Evergreen adds Batangas to its intra-Asia loop

Taiwan-based carrier Evergreen Marine Corp. (EMC) has added Batangas Container Terminal (BCT) to its port rotation through its North East Asia-South East Asia (NSA)…

PH cargo volume up 6.4%, box traffic down 9% in Q1

Cargo volume handled by Philippine ports increased 6.4% in the first quarter due to higher foreign and domestic cargoes handled. Data from the Philippine…

EDC lists urgent legislation to boost exports

The Export Development Council (EDC) has identified priority legislation that needs to be tackled by the incoming 17th Congress in order to spur development…

ICTSI’s Iraq terminal upgrades operating system

Basra Gateway Terminal (BGT), the container terminal in Iraq of port operator International Container Terminal Services, Inc. (ICTSI), has upgraded its terminal operating system…

Implementing rules for PH Co-Loading Act out

The implementing rules and regulations (IRR) for the Foreign Ships Co-Loading Act, which allows foreign vessels to transport Customs-cleared foreign cargoes to multiple Philippine…

Manila North Harbor seeks 37.5% hike in cargo-handling tariff

Shipping stakeholders on May 17 attended the first public hearing on port operator Manila North Harbour Port, Inc.’s (MNHPI) request for a 37.5% increase…

Asian Terminals records 41.2% drop in Q1 income

Philippine port operator Asian Terminals Inc. (ATI) reported a 41.2% decline in net income for the first quarter of 2016 due to low storage…

ICTSI Q1 profit down 20% on lower volumes, higher expenses

Global port operator International Container Terminal Services, Inc. (ICTSI) posted a net income of US$45.054 million in the first quarter of 2016, a decline…

Auction of overstaying cargo to net BOC P1B

The Bureau of Customs (BOC) expects to earn about P1 billion from the auction of overstaying cargo at various ports in the country. At…

MICT slashes by 50% booking fee for TABS high-demand slots

Rates for the high-demand zone under the Terminal Appointment Booking System (TABS) have been reduced by half for a limited period as Manila International…

ATI’s cash dividend of P820M a 30-year record high

Listed port operator Asian Terminals Inc. (ATI) declared a total cash dividend of P820 million, or 41 cents per share, as it delivered another…

PH a bright spot in an otherwise gloomy global economy-ICTSI

Amid a contracting global economy, the Philippines remains a bright spot this year, especially with the expected resurgence in the country’s manufacturing industry, according…

TABS website to add feature promoting greater transparency

Port operator International Container Terminal Services, Inc. (ICTSI) may soon add a feature on the Terminal Appointment Booking System (TABS) website that would allow…

ATI income down 7% in 2015

The income of listed Philippine port operator Asian Terminals Inc. (ATI) declined 7% in 2015 to P1.767 billion from P1.901 billion in 2014. Revenues…

PH customs brokers propose ways to improve TABS efficiency, transparency

Some Philippine port stakeholders have put forward measures to address concerns identified during the initial days of strict implementation of the Terminal Appointment Booking…

Bid submission for Davao port project moved yet again

The submission date for bids to the P19.8-billion Davao-Sasa port modernization project has been moved for the fourth time by the Department of Transportation…

Subic maritime operations revenue up 21% in 2015

Revenue from the maritime and logistics business unit of the Subic Bay Metropolitan Authority (SBMA) contributed P1.588 billion to the agency’s coffers last year.…

PH gateways on heightened alert after Brussels explosions

President Benigno Aquino III has ordered the Department of Transportation and Communications (DOTC) to impose heavier security activities around Philippine transportation facilities and terminals…