Cuts fail to halt

CMA CGM net profit doubles to US$7.6B

CMA CGM’s net profit climbs 118.5% year-on-year to US$7.6 billion in the…
Long-term container rates track

Long-term container rates track spot market dip 

Shipping executives and industry watchers say contract prices for 40-TEU containers are…
Bill mandating free transport of relief goods refiled

Bill mandating free transport of relief goods refiled

A bill requiring carriers, freight forwarders, and logistics service providers to transport…
BOC reinstates Subic officials after sugar smuggling probe

BOC reinstates Subic officials after sugar smuggling probe

The Bureau of Customs on August 31 reinstated six Port of Subic…
Cebu Port Authority enhances typhoon safety protocols

Cebu Port Authority enhances typhoon safety protocols

The Cebu Port Authority (CPA) has issued enhanced protocols during tropical cyclones…
Maersk quits Russia via

Maersk quits Russia via GPI stake sale to Delo

Maersk unit APM Terminals has agreed to divest its 30.75% shareholding in…
BOC-Batangas’ top importers

Shell, Chevron and Toyota are BOC-Batangas’ top importers

Pilipinas Shell Petroleum Corp., Chevron Philippines, and Toyota Motor Philippines Corp. have…
offers Thai shippers intermodal

CMA offers Thai shippers intermodal link to Penang

New service dedicates up to 100 weekly containers on rail for southern…
Industry groups back bill scrapping PPA revenue-generating function

Industry groups back bill stripping PPA of revenue-generating function

Business groups supported a proposed bill that aims to strip the Philippine…
sliding world container rates

Sliding world container rates now 42% off peak

Rates of 40-ft containers have declined for the 26th consecutive week, dropping…