UNESCAP cites PH ‘significant’ strides in adopting trade facilitation

The Philippines has made “significant progress” in applying trade facilitation and paperless…
MICT yard equipment

ICTSI adds yard equipment for MICT

Manila International Container Terminal (MICT), International Container Terminal Services, Inc.’s flagship operation…

Hapag profit soars 1,000% to US$10.8B on Asian goods-driven rate surge

Net profit leaps from US$1.07 billion in 2020 on “very strong’ demand…

PPA proposes cargo-handling rates for Tier 2 ports

The Philippine Ports Authority is eyeing the same domestic cargo rates for…

3 new cargo bays double Manila Harbor Center capacity

Manila Harbor Center’s cargo-handling capacity more than doubled with the completion of…

6 entities eye PPA container monitoring system

Six entities joined the pre-bid conference for the Philippine Ports Authority’s container…

Cerberus acquires Hanjin’s Subic shipyard for $300M

US investor Cerberus Capital Management and Agila NY Naval Inc./Agila South are…

High fuel prices jack up local shipping costs by up to 25%

The continuous increase in fuel prices is pushing up domestic shipping costs…

MSC pares to monthly Charleston calls of 3 China-origin sailings

Mediterranean Shipping Company’s weekly calls at Charleston from Nansha, Shanghai and Xiamen…