Chelsea Logistics secures $220M China loan for 32% stake in 2GO

Philippine shipping line Chelsea Logistics Corp. (CLC) has signed a $220-million bridge…

PPA earmarks P950M to improve 10 ports

The Philippine Ports Authority (PPA) will be spending almost a billion pesos…

Lorenzo Shipping registers first-quarter loss amid volume expansion

Philippine carrier Lorenzo Shipping Corporation (LSC) has reported a net loss of…

‘K’ Line consolidates 2 subsidiaries, outlines recovery plan

Kawasaki Kisen Kaisha Ltd. (“K” Line) announced it will merge two of…

Q1 cargo volume at PH ports up but at a slower pace

Cargo volume handled by Philippine ports sustained its growth in the first…

PPA approves 11% hike in cargo handling rates at Batangas port

The Philippine Ports Authority (PPA) has approved an 11% increase in cargo-handling…

ICTSI registers 27.8% income in first quarter

Port operator International Container Terminal Services, Inc. (ICTSI) reported a net income…

ATI Q1 income up 28.4% on higher Manila, Batangas volumes

Strong trade volumes handled at Manila South Harbor and Batangas Port have…

OOCL launches 21,413-TEU boxship for Asia-Europe trade

Hong Kong-listed Orient Overseas Container Line (OOCL) unveiled its latest containership during…

Hapag-Lloyd registers wider loss in Q1

German ocean box liner Hapag-Lloyd saw a bigger net loss in the…