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Maritime

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Latest news on shipping and the maritime industry

SMIC now majority shareholder of 2GO

SM Investments Corp. has completed acquisition of 22.36% shares of 2GO Group…
  • June 3, 2021
  • 3 minute read

Yantian port congestion now seen to last 12 days or more, says Maersk

Ongoing congestion and vessel delays at Yantian International Container Terminal now seen…
  • June 3, 2021
  • 2 minute read

Container rates up 34.5% since start of 2021—report

Contracted container rates surged 33.5% in May year-on-year and 9% month-on-month This…
  • June 2, 2021
  • 2 minute read

ICTSI acquires Manila Harbour Center for P2.45B

International Container Terminal Services, Inc. (ICTSI) has acquired 100% shares of Manila…
  • June 1, 2021
  • 2 minute read

Maersk issues update on Yantian, Shekou ports’ operations

Yantian International Container Terminal (YICT) congestion and vessel delays to take more…
  • June 1, 2021
  • 2 minute read

PH exporters in distress over worsening supply chain snags

Philippine exporters seek “very urgent” assistance to cope with worsening supply chain…
  • May 31, 2021
  • 4 minute read

2GO’s largest RoPax ship off on maiden trip

2GO Travel’s newest and biggest roll-on/roll-off passenger (RoPax) vessel, MV 2GO Maligaya,…
  • May 31, 2021
  • 3 minute read

April 2021 is busiest April ever for US box imports from Asia

Some 1.57 million TEUs arrived in the US from Asia in April…
  • May 31, 2021
  • 2 minute read

China’s Yantian port partially closed due to COVID outbreak

Deteriorating conditions prompt suspension of all operations in the western area of…
  • May 31, 2021
  • 2 minute read

Box ship orders in first 5 months hit record 2.2M TEUs

Orders so far have been more than 12 times higher than for…
  • May 29, 2021
  • 3 minute read