Box lines to impose rate hikes on Asia lanes

Hong Kong-based Orient Overseas Container Line (OOCL) is planning a revenue restoration…

Maersk Line pockets $554-M profit in Q3 on cost savings

Danish shipping line Maersk Line made a profit of US$554 million in…

ICTSI net income jumps 22% in first three quarters

Listed Philippine port operator International Container Terminal Services, Inc. (ICTSI) reported double-digit…

PH cargo volume up almost 3% in first eight months

The Philippines’ total cargo throughput continues to improve, reaching 132.36 million metric…

Hapag-Lloyd carved $22-M profit in Q3 due to cost cutting

Despite what it described as the industry’s “irrational behaviour” that was causing…

Central PH sea, air ports resume operations

Operations of seaports and airports in central Philippines have started to normalize,…

P3’s port choices not based on ties to terminals

The P3 alliance’s choices of port calls appear less dependent on the…

Head honchos of Hanjin, Cosco resign

Young Min Kim, president and CEO of Hanjin Shipping, has stepped down,…

PH faces pre-AEC maritime transport challenges

THERE are a number of “looming” challenges in the maritime transport sector…

Super typhoon hobbles PH supply chain

SUPER typhoon Yolanda (international name Haiyan) which ripped through central Philippines on…