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Maritime

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Latest news on shipping and the maritime industry

Subic port reports 26% drop in container traffic in Jan-Sep

Container traffic nosedived 26% and non-containerized cargoes declined 20% year-on-year at Subic…
  • November 23, 2020
  • 3 minute read

Maersk operating profit jumps 39% in Q3

Maersk’s EBITDA is up 39% in the third quarter to US$2.3 billion…
  • November 22, 2020
  • 3 minute read

Manila international ports see surge in online payment

100% of Manila International Container Terminal users and 60% of Manila South…
  • November 20, 2020
  • 3 minute read

Lorenzo Shipping ends first 9 months with P113M net loss

Lorenzo Shipping incurred a lower net loss of P112.94 million in the…
  • November 18, 2020
  • 2 minute read

Largest LNG-powered box ship undertakes first bunkering

CMA CGM Jacques Saade, the largest container ship powered by liquefied natural…
  • November 18, 2020
  • 2 minute read

Chelsea Logistics books P2.6B loss in first three quarters

Chelsea Logistics and Infrastructure Holdings Corp. recorded a net loss of P2.60…
  • November 17, 2020
  • 2 minute read

Asia dominates maritime trade even in pandemic—UNCTAD paper

Asia continues to strengthen its position as a maritime hub amid the…
  • November 17, 2020
  • 4 minute read

Harbor Star swings to P3.7M profit in first 9 months

Harbor Star Shipping Services  reported P3.75 million in income in the first…
  • November 16, 2020
  • 2 minute read

ATI income down 31% in first 9 months but up 15% in Q3

Asian Terminals Inc. (ATI) recorded a 31% drop in net income for…
  • November 16, 2020
  • 2 minute read

Global maritime trade to contract 4.1% this year—UNCTAD report

Maritime trade to plunge 4.1% in 2020 due to COVID-19 economic impact…
  • November 14, 2020
  • 3 minute read