Maersk Line withdraws more capacity, drops plan to invest in more ships

Danish carrier Maersk Line said it is no longer pushing through with…

Moody’s: container shipping to see small earnings growth from fuel cost savings

Global credit rating agency Moody’s Investors Service has given the global shipping…

Ship operating costs to go up in 2015-2016, says report

Vessel operating costs are expected to rise in both 2015 and 2016,…

PH maritime agency increases service rates by at least 20%

Charges for services rendered by the Maritime Industry Authority (Marina) have gone…

ICTSI net income up slightly in first three quarters

Global port operator International Container Terminal Services, Inc. (ICTSI) said its net…

First phase of Davao-Sasa port project to start June 2016

The Department of Transportation and Communications (DOTC) intends to award the P19.7-billion…

Manila Harbour Centre high berth use seen to rise even more

Harbour Centre Port Terminal, Inc. (HCPTI) said it has been applying measures…

Marina offers incentives for PH fleet modernization

The Philippine government is providing incentives to help upgrade the domestic fleet,…

Malaysia readies shipping master plan, as VN eyes Da Nang Port upgrade

Malaysia’s Transport Ministry is collaborating with the country’s shipping association in formulating…

Maersk Line’s earnings downgrade a call to action for troubled industry, says Drewry

The downgrade by Maersk Line of its 2015 profit expectations indicates that…