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Maritime

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Latest news on shipping and the maritime industry

Hapag-Lloyd registers $38-M net loss

German ocean carrier Hapag-Lloyd recorded a net loss of US$38 million in…
  • March 23, 2012
  • 2 minute read

Cosco, Hanjin kick off Far East-Gulf of Mexico trade

China-based Cosco Container Lines and Korea’s Hanjin Shipping announced on March 21 the launch…
  • March 21, 2012
  • 1 minute read

ICTSI Georgia unit, Arkas Line ink terminal services agreement

Batumi International Container Terminal LLC (BICTL) recently signed a terminal services agreement…
  • March 19, 2012
  • 1 minute read

Higher cargo-handling fees loom at Manila ports

PORT operators International Container Terminal Services, Inc (ICTSI) and Asian Terminals, Inc…
  • March 19, 2012
  • 3 minute read

Subic’s New Container Terminal 1 traffic up 8% in 2011

The New Container Terminal 1 (NCT-1) in Subic Bay, north of Manila,…
  • March 19, 2012
  • 2 minute read

Higher B/L fee in PH pushed

The Philippine Shippers’ Bureau (PSB) has asked international shipping lines calling Philippine…
  • March 19, 2012
  • 2 minute read

Hapag-Lloyd sets April 15 rate hikes for East Asia lanes

Hamburg-based Hapag-Lloyd released a series of announcements on its upcoming rate increases…
  • March 19, 2012
  • 1 minute read

TSA lines recommend additional April 15 rate adjustment

Oakland, CA – Following on a previously announced March 15 $300 general…
  • March 16, 2012
  • 2 minute read

Foreign transshipment cargoes in PH slapped with 21% higher bunker surcharge

After their recent announcement on higher bunker surcharge (BSC) for local cargoes,…
  • March 15, 2012
  • 2 minute read

Mindanao container terminal posts 4% rise in Jan volume

Mindanao Container Terminal (MCT) in southern Philippines posted a 4% increase in…
  • March 14, 2012
  • 1 minute read