Cerberus acquires Hanjin’s Subic shipyard for $300M

US investor Cerberus Capital Management and Agila NY Naval Inc./Agila South are…

PortCalls March 9, 2022

Our latest issue (PortCalls_March 9, 2022). Stories include: Carriers seek fuel subsidy,…

Asia Pacific grip on €441B global e-commerce logistics market slipping

Asia Pacific, North America and Europe account for more than 95% of…

High fuel prices jack up local shipping costs by up to 25%

The continuous increase in fuel prices is pushing up domestic shipping costs…

Economic cluster advances measures to dull effects of oil price hikes

The Cabinet Economic Development Cluster recommended a slew of measures, including removal…

Carriers seek fuel subsidy, suspension of excise tax, cut in gov’t fees

Domestic shipping and air carriers want a reduction in government charges to…

Robredo tags maritime industry as a priority, bats for ship registry

The maritime industry will be a top priority for presidential candidate Leni…

PortCalls March 7, 2022

Our latest issue (PortCalls_March 7, 2022). Stories include: Russia-Ukraine war, high fuel…

ICTSI expanding MICT with Berth 8

International Container Terminal Services, Inc. continues to expand capacity of its flagship…

FedEx to hike peak surcharge for some international services

FedEx is increasing the peak surcharge for some international destinations The hike…