Seaborne shipping grows at slowest pace since 2009, future remains uncertain
Seaborne shipments passed 10 billion tons for the first time ever in…
November 7, 2016
3 minute read
Mandatory global sulfur cap in shipping takes effect 2020
The International Maritime Organization (IMO) has decided on January 1, 2020 as…
November 7, 2016
2 minute read
Container line’s loss deflates Maersk group profit in Q3
A.P. Moller-Maersk delivered a profit of US$438 million in the third quarter,…
November 6, 2016
3 minute read
Higher freight rates seen as supply-demand gap improves
Container shipping’s massive supply-demand imbalance is expected to narrow going into 2017,…
November 5, 2016
2 minute read
OCEAN Alliance bares service network, eyes April launch
Members of the OCEAN Alliance—Orient Overseas Container Line (OOCL), Cosco Container Lines,…
November 3, 2016
3 minute read
S Korean gov’t forms rescue plan for shipping industry
The South Korean government has announced a sweeping industrial restructuring plan to…
November 2, 2016
4 minute read
Draft PH customs order hikes tax exemption for balikbayan boxes
A draft customs administrative order (CAO) governing the consolidated shipment of duty-…
November 1, 2016
4 minute read
Japan’s 3 biggest carriers to merge box shipping, port businesses
Three major Japanese liners have bared plans to combine container shipping and…
November 1, 2016
2 minute read
Logistics industry’s confidence goes up ever so slightly
The Stifel Logistics Confidence Index for October remained below the neutral mark…
November 1, 2016
4 minute read
Davao-Sasa port project’s fate known before yearend—PPA
A decision on how Davao-Sasa port will be developed and modernized should…
October 31, 2016
3 minute read
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