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Maritime

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Latest news on shipping and the maritime industry

Asia-to-US freight rates surge 117% on strong demand

On the trans-Pacific trade from Asia to North America, volumes on the…
  • November 30, 2020
  • 3 minute read

Container shortage felt in Vis-Min; Manila with “healthy stock”

• Manila ports have a “healthy stock of containers” to serve exports…
  • November 29, 2020
  • 3 minute read

PH shipowners to enjoy waived port fees from Dec 1

Starting Dec 1, the Philippine Ports Authority will waive some port fees…
  • November 28, 2020
  • 3 minute read

Volatiles rates, tight capacity seen on key shipping lanes in 2021

• Shippers will in the near term face high rates, space and…
  • November 28, 2020
  • 2 minute read

Infrastructure, logistics still among PH investment priorities

Infrastructure and logistics are again among the preferred investment activities qualified for…
  • November 24, 2020
  • 3 minute read

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