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Maritime

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Latest news on shipping and the maritime industry

Hapag profit soars 1,000% to US$10.8B on Asian goods-driven rate surge

Net profit leaps from US$1.07 billion in 2020 on “very strong’ demand…
  • March 13, 2022
  • 3 minute read

PPA proposes cargo-handling rates for Tier 2 ports

The Philippine Ports Authority is eyeing the same domestic cargo rates for…
  • March 12, 2022
  • 3 minute read

3 new cargo bays double Manila Harbor Center capacity

Manila Harbor Center’s cargo-handling capacity more than doubled with the completion of…
  • March 10, 2022
  • 2 minute read

6 entities eye PPA container monitoring system

Six entities joined the pre-bid conference for the Philippine Ports Authority’s container…
  • March 10, 2022
  • 3 minute read

Cerberus acquires Hanjin’s Subic shipyard for $300M

US investor Cerberus Capital Management and Agila NY Naval Inc./Agila South are…
  • March 9, 2022
  • 2 minute read

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

The continuous increase in fuel prices is pushing up domestic shipping costs…
  • March 8, 2022
  • 3 minute read

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…
  • March 8, 2022
  • 5 minute read

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

The maritime industry will be a top priority for presidential candidate Leni…
  • March 8, 2022
  • 4 minute read

MSC pares to monthly Charleston calls of 3 China-origin sailings

Mediterranean Shipping Company’s weekly calls at Charleston from Nansha, Shanghai and Xiamen…
  • March 7, 2022
  • 2 minute read