OOCL reports revenue, volume growth for Q3

Overall volume rose 9.5% and revenue jumped 16.3%, boosted largely by a…

Box shipping forecast raised as industry resilience shines

2020 container shipping market outlook  upgraded to -3.3%, up from -7.3% after…

PPA seeks up to P250M fund to aid domestic shipping lines

Domestic shipping lines won’t have to pay dockage and layup fees, if…

Cebu Port activated as fourth crew change hub

The Port of Cebu was activated on October 16 as the Philippines’…

LNG container ship carries record 20,723 full containers

The CMA CGM Jacques Saade, the first liquefied natural gas (LNG)-powered container…

Asia-US freight rates jump as volumes rebound

Long-term Far East-US container freight rates are now experiencing a boost, in…

Hapag-Lloyd earnings forecast upgraded on strong Q3 demand

German container carrier Hapag-Lloyd raised its earnings forecast after a better-than-expected third-quarter…

ICTSI steps up investment in Ecuador port

Contecon Guayaquil S.A. (CGSA), a subsidiary of port operator International Container Terminal…

10 Chinese ports reactivate foreign crew change operations

China has eased crew change restrictions by allowing 10 ports to resume…

Maersk upgrades outlook amid demand recovery

A.P. Moller-Maersk upgraded its earnings guidance for 2020 based on a strong…