Maersk Line yields $507M profit despite lower freight rates

The Maersk group said it delivered a “satisfactory profit” in the second…

Evergreen signs order for ten 2,800-TEU intra-Asia newbuilds

The Evergreen group is positioning itself for an anticipated regional cargo boom…

DICT to spend P1.8B for additional berth, equipment

The Davao International Container Terminal (DICT) is allocating an estimated P1.8 billion…

NEDA to decide on fate of P9B Cebu international seaport

The Department of Transportation and Communications (DOTC) will seek approval from the…

SBMA upgrades predictions for Subic port box traffic

The Subic Bay Metropolitan Authority (SBMA) has revised upward its projections for…

ICTSI first-half income contracts 1.3%

Global port operator International Container Terminal Services, In. (ICTSI) posted a 1.3%…

Compliance gaps in PH trade facilitation commitments to ASEAN identified

Despite progress in automating operations at the Bureau of Customs (BOC), there…

Work on Co-Loading Act IRR to start soon

Concerned Philippine government agencies will soon be crafting the implementing rules and…

OOCL hit by ‘new post-global financial crisis lows’ on some trade lanes

Both box volumes and revenues for Hong Kong-listed Orient Overseas Container Line…

Cosco, China Shipping groups told to merge

China’s two logistics and shipping giants Cosco Group and China Shipping Group…