Latest news on the shipping, logistics and cargo industry
Boxships totaling 5.3M TEUs in capacity install scrubbers
Containerships with a collective cargo-carrying capacity of 5.3 million TEUs are now…
August 23, 2020
2 minute read
Industry survey identifies challenges with switch to low sulfur fuel
The shipping industry’s transition to low-sulfur fuel oil in compliance with the…
August 22, 2020
2 minute read
PH cargo volume sinks 19% in 1H; box throughput down 22.9%
Cargo volume handled by Philippine ports dropped 19% to 106.184 million metric…
August 22, 2020
2 minute read
PH logistics demand to soar amid high cold storage, e-commerce use—report
Philippine logistics demand could grow by 56% in the next five years…
August 22, 2020
5 minute read
Agility reports 61% decline in 1H net profit
Global logistics provider Agility reported first-half net profit of KWD16.2 million (US$52.9…
August 21, 2020
2 minute read
PCC okays 2 JVs in logistics, airport management
The Philippine Competition Commission (PCC) approved the joint venture (JV) between Fastcargo…
August 21, 2020
2 minute read
Lorenzo Shipping cuts 1H loss by 56.5%
Domestic carrier Lorenzo Shipping Corp. (LSC) brought down to P75.434 million its…
August 21, 2020
2 minute read
NAIA project pending Megawide-GMR compliance with BOT Law
The Department of Transportation (DOTr) is asking the consortium of Megawide Construction…
August 21, 2020
3 minute read
DTI removes safeguard duty on float glass imports
The Department of Trade and Industry (DTI) has eliminated provisional safeguard measures…
August 20, 2020
3 minute read
Maersk improves Q2 profit despite sharp volume fall
A.P. Moller-Maersk saw improved profitability across all businesses in the second quarter…
August 20, 2020
2 minute read
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