Philippine carrier Lorenzo Shipping Corporation (LSC) reported a net loss of P67 million…
May 23, 2016
2 minute read
Depressed rates push CMA CGM, Hapag-Lloyd into red territory
Despite volume growth, French liner CMA CGM reported a net loss of…
May 22, 2016
3 minute read
Box ship capacity projected to top 20 million TEUs this year
The container shipping fleet is expected to break through the 20 million…
May 20, 2016
2 minute read
Korean box carriers stagger from severe losses
South Korea’s two largest container carriers posted massive losses in the first…
May 18, 2016
2 minute read
Manila North Harbor seeks 37.5% hike in cargo-handling tariff
Shipping stakeholders on May 17 attended the first public hearing on port…
May 17, 2016
3 minute read
Asian Terminals records 41.2% drop in Q1 income
Philippine port operator Asian Terminals Inc. (ATI) reported a 41.2% decline in…
May 17, 2016
2 minute read
Harbor Star’s Q1 income up 4% on performance of key units
Positive performances from harbor assistance, tug, and other marine services resulted in…
May 17, 2016
1 minute read
Ex-Clark Development chief offered transport portfolio
Presumptive Philippine President Rodrigo Duterte has called on two allies to head…
May 17, 2016
2 minute read
ICTSI Q1 profit down 20% on lower volumes, higher expenses
Global port operator International Container Terminal Services, Inc. (ICTSI) posted a net…
May 15, 2016
3 minute read
6 box liners strike deal to set up ‘THE Alliance’ to ply all East-West trades
Six ocean carriers are forming a new alliance that will grab an…
May 13, 2016
2 minute read
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