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Maritime

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Latest news on shipping and the maritime industry

Singapore passes law recognizing legal status of electronic bills of lading

Singapore has adopted the United Nations’ Model Law on Electronic Transferable Records…
  • February 15, 2021
  • 2 minute read

Maersk EBITDA expands 44% despite low volumes

Revenue in 2020 rose 2% to US$39.7 billion compared to 2019 while…
  • February 15, 2021
  • 3 minute read

Hapag-Lloyd secures green financing for six large box ships on order

Syndicated loan of $417 million will be used to finance three of…
  • February 9, 2021
  • 2 minute read

Covid vaccine rollout via airfreight initially, other transport modes later, Maersk expert predicts

Vaccine rollout will happen in two waves, initially by overland transport and…
  • February 8, 2021
  • 4 minute read

Box freight rates soar 21% on persistent backlog, congestion

Freightos Baltic Global Container Index reached a record high of US$4,077/FEU in…
  • February 6, 2021
  • 2 minute read

Exporters seek deferment of proposed export container weighing

The Philippine Exporters Confederation, Inc. (PHILEXPORT) and Export Development Council-Networking Committee on…
  • February 5, 2021
  • 4 minute read

CMA CGM launches new Asia-Oakland direct service to ease congestion at US ports

New direct service from Asia to Port of Oakland to start February…
  • February 5, 2021
  • 3 minute read

PH transport firms must submit energy utilization reports by Apr 15

Starting April 15, 2021, transport establishments must submit an annual energy consumption…
  • February 4, 2021
  • 4 minute read

AISL: No empty container shortage but there’s deficit in vessel space

There is no shortage of empty containers in the Philippines although space…
  • February 2, 2021
  • 4 minute read

COVID sinks PH cargo volume by 13.7% in 2020

Cargo volume handled by Philippine Ports Authority ports in 2020 dropped 13.7%…
  • February 1, 2021
  • 3 minute read