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Maritime

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Latest news on shipping and the maritime industry

PH manufacturing potential could draw in shipping lines, says expert

THE Philippines could be a new low-cost source of shipping volumes if…
  • August 28, 2013
  • 2 minute read

2GO rebounds to P510M net profit on revenue spike, lower costs

PHILIPPINE logistics provider 2Go Group Inc. turned around to net profit of…
  • August 28, 2013
  • 2 minute read

TSA lines recommend US-Asia rate hike by Oct

Member carriers in the Transpacific Stabilization Agreement (TSA) Westbound section have announced…
  • August 28, 2013
  • 2 minute read

Carriers’ fuel savings not a long-term solution—report

Ocean carriers have benefited much from reducing fuel costs, but this strategy…
  • August 26, 2013
  • 2 minute read

Evergreen names first 8,508-TEU newbuild

Taiwan’s Evergreen Line last week christened the first of its newly built…
  • August 26, 2013
  • 1 minute read

Floods halt flights, hamper supply chain activities in PH; Business as usual at Manila’s ports

OPERATIONS at Manila’s seaports continued Tuesday despite heavy monsoon rains enhanced by…
  • August 21, 2013
  • 3 minute read

Lorenzo’s profit hit by cargo squeeze, rate war

LISTED Philippine container carrier Lorenzo Shipping Corp. said revenue for the first…
  • August 21, 2013
  • 1 minute read

ICTSI ups medium-term note program to $1B

International Container Terminal Services, Inc. recently approved an increase in the medium-term…
  • August 21, 2013
  • 1 minute read

Hapag-Lloyd announces more rate hikes for Asia services

Germany’s Hapag-Lloyd will  impose more freight rate hikes on Asia service routes…
  • August 21, 2013
  • 1 minute read

Maersk Line collects $439 M in profit for Q2

Danish box carrier Maersk Line made a profit of US$439 million in…
  • August 19, 2013
  • 2 minute read