IMO bares latest progress in meeting ship emissions targets
The International Maritime Organization (IMO) announced that its working group has made significant progress in helping shipping meet greenhouse gas (GHG) emissions reduction targets,…
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…
Maritime group against bills declassifying shipping as public utility
The Philippine Coastwise Shipping Association (PCSA) is opposing bills that propose to remove transportation services, which include domestic shipping, from the list of services…
10-year plan for a competitive PH maritime hub detailed
The Maritime Industry Authority (Marina) aims to make the Philippines a global maritime hub by implementing a five-pronged action plan under one of several…
Draft PH maritime roadmap identifies priority programs for next 10 years
The Maritime Industry Authority (Marina) is finalizing priority programs and projects under its 10-year Maritime Industry Development Plan (MIDP), which aims to transform the…
Report: port inefficiency continues to inflate shipping costs, erode PH competitiveness
Improving efficiency of Philippine ports and enabling them to handle bigger ships and more volumes can help address high costs of shipping and improve…
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…
Marina details latest strategy to improve connectivity, reduce regulatory burden
The Maritime Industry Authority (Marina) has listed its plans and programs to accomplish its aim of further connectivity, mainly by ensuring an economic, efficient,…
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…
The Philippine Maritime Industry Authority (Marina) has issued a new circular that adjusts some shipping fees and charges. Marina Circular (MC) No. 2017-01 revised…
50% discount for PEZA cargoes passing through Batangas port stays
The Philippine Economic Zone Authority (PEZA) has once again extended the 50% discount on processing fees for ecozone import and export shipments that go…
Mindanao Container Terminal first-half throughput up by 18%
Cargo volume handled by Mindanao Container Terminal (MCT) rose 18.3% in the first half of 2016 to 102,751 twenty-foot equivalent units (TEUs) from 86,816…
Marina eyes return of incentives to spur ship re-fleeting
The Philippine Maritime Industry Authority (Marina) is moving to reinstate incentives for domestic shipping operators planning to re-fleet, part of the government’s drive to…
Roberto A. Umali has retired as president of domestic carrier Lorenzo Shipping Corporation (LSC), replaced by Doris Magsaysay-Ho. In a disclosure to the Philippine…
After posting losses in 2015, Philippine carrier Lorenzo Shipping Corporation (LSC) hopes to engineer a turnaround to profit this year through strategic measures such as…
