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Maritime

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Latest news on shipping and the maritime industry

PPA OIC Manuel A. Boholano

PPA gets an OIC; no word on Pastrana appointment

Transportation Secretary Jaime Bautista has designated port manager Manuel A. Boholano as…
  • July 8, 2022
  • 2 minute read
OOCL posts record US$5.3B Q2 revenues

OOCL posts record US$5.3B Q2 revenues

Second-quarter revenues hit record US$5.29 billion, up 52.4% from a year ago…
  • July 7, 2022
  • 2 minute read
PPA ordered to cut shipping, travel costs

PPA ordered to cut shipping, travel costs

New Transportation Secretary Jaime J. Bautista urged PPA officials to lower shipping…
  • July 7, 2022
  • 3 minute read
oVERSUPPLY OF CONTAINERS aiding 2nd-hand container price slide

US shippers pay highest demurrage fees globally

US ports occupy top five spots on the list of “60 ports…
  • July 6, 2022
  • 3 minute read
Freight data sharing proposed as green solution

Freight data sharing proposed as green solution

Open freight data exchange should cut carbon emissions 22% by 2050 and…
  • July 5, 2022
  • 3 minute read
PPA overhauls private port operation policy

PPA overhauls private port operation policy

The government policy on private port development, construction, operation, and maintenance has…
  • July 5, 2022
  • 5 minute read
peak season consumer gloom

Freight market players wary of peak season consumer gloom

Waning US consumer confidence amid rising inflation and weak economic outlook keeps…
  • July 4, 2022
  • 4 minute read
ICTSI subsidiary winds up Sasa port operations

ICTSI subsidiary winds up Sasa port operations

• Davao Integrated Port and Stevedoring Services Corp will wind up operations…
  • July 4, 2022
  • 2 minute read
Spot rates below us$5k

Cargo rates up 170% y-o-y on buoyant June contract prices

Long-term contracted prices rise 10.1%, driving up ocean freight rates 169.8% y-o-y…
  • July 2, 2022
  • 3 minute read

Maersk cuts Asia-N. Italy transit times by 5-22 days

Maersk’s new feeder service between Port Said, Egypt and the Port of…
  • July 1, 2022
  • 2 minute read