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Higher shipping rates seen as PH carriers impose recovery charge

Higher shipping rates seen as PH carriers impose recovery charge

Jan. 16 | Most members of the Philippine Liner Shipping Association (PLSA) will impose a recovery charge following imposition of the excise tax on fuel under the new Tax Reform for Inclusion and Acceleration (TRAIN) Law. This development will lead to higher shipping...

Maersk, IBM to form blockchain JV to digitize global supply chains

Maersk, IBM to form blockchain JV to digitize global supply chains

Jan. 16 | Transport and logistics giant A.P. Moller-Maersk and IBM, a blockchain, supply chain, and interoperability solutions provider, announced January 16 plans to establish a joint venture (JV) to provide more efficient and secure methods for conducting global...

MPA roadmap to steer Singapore’s new vision as global maritime hub

MPA roadmap to steer Singapore’s new vision as global maritime hub

Jan. 15 | Singapore has unveiled its maritime industry roadmap with the aim to grow the sector’s value-add by SGD4.5 billion (US$3.4 billion) and create over 5,000 jobs by 2025. The Sea Transport Industry Transformation Map (ITM)—which will drive Singapore’s...

10-year PH maritime master plan ready by late 2018

10-year PH maritime master plan ready by late 2018

Jan. 10 | The Philippine Maritime Industry Authority (Marina) aims to finish its 10-year maritime industry roadmap, which now includes maritime cruise and logistics, by the third quarter of this year. Former Marina administrator Marcial Quirico Amaro III, in an...

Duterte names Hermogino new Coast Guard head

Duterte names Hermogino new Coast Guard head

Jan. 10 | President Rodrigo Duterte has appointed Elson Hermogino as the new commandant of the Philippine Coast Guard (PCG). Hermogino’s appointment paper was signed on January 4 but released only on January 8. He replaces Joel Garcia, who had been serving as...

Cargo vessels can’t be converted into passenger ships: Marina

Cargo vessels can’t be converted into passenger ships: Marina

Jan. 10 | The Maritime Industry Authority (Marina) is prohibiting the conversion of cargo ships and other types of vessels into passenger ships as part of its program to ensure the safety of passengers. The maritime authority, in Marina Advisory (MA) No. 2017-27,...

Bimco bares box shipping outlook for 2018

Bimco bares box shipping outlook for 2018

Jan. 9 | Container shipping did better in 2017 compared to 2016, but with little enhancement made to the fundamental market balance in 2017, profitability in 2018 will still depend on sustained demand and fleet capacity check, according to a new analysis from...

PH safety rules in construction, operation of Ro-Ro ships issued

PH safety rules in construction, operation of Ro-Ro ships issued

Jan. 8 | The Maritime Industry Authority (Marina) has issued precautionary measures and other safety concerns relating to the construction and operation of roll-on/roll-off (Ro-Ro) passenger ships plying the domestic trade. Under Marina Advisory (MA) No. 2017-26,...

Marina bares preparations for IMO state audit

Marina bares preparations for IMO state audit

Jan. 8 | The Maritime Industry Authority (Marina) is working on passing laws enabling the Philippines to implement international maritime conventions that the country has ratified. This as the Philippines prepares for the upcoming audit by the International Maritime...

9 CMA CGM mega newbuilds to run on LNG

9 CMA CGM mega newbuilds to run on LNG

Jan. 8 | French maritime transport company CMA CGM will be equipping its nine future ships of 22,000 twenty-foot equivalent units (TEUs), to be delivered in 2020, with engines using liquefied natural gas (LNG). CMA CGM, in a statement, said it will be the first...
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