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MPA embraces new technologies to support over 4,600 ships

MPA embraces new technologies to support over 4,600 ships

Nov. 19 | The Maritime and Port Authority of Singapore (MPA) is introducing service enhancements from November 2017 for the benefit of over 4,600 ships flying the Singapore flag. This was announced by Andrew Tan, chief executive of MPA, at the Singapore Registry...

More PH carriers sign up with online empty-container returns system

More PH carriers sign up with online empty-container returns system

Nov. 15 | Cargo Data Exchange Center, Inc. CEO Leo Morada at the recent Chamber of Customs Brokers, Inc. 27th National Convention in Davao City. More shipping lines operating in the Philippines are now connected to GoFast, the web-based system of the Association...

Hapag-Lloyd delivers higher profit as UASC synergy brings gains

Hapag-Lloyd delivers higher profit as UASC synergy brings gains

Nov. 15 | German ocean liner Hapag-Lloyd closed the third quarter of 2017 with a significant positive group net profit and a much improved operating result (EBIT) as the integration with United Arab Shipping Company (UASC) is almost completed and on schedule to...

Harbor Star profit dives 17% in first three quarters

Harbor Star profit dives 17% in first three quarters

Nov. 14 | Marine services provider Harbor Star Shipping Services, Inc. (HSSSI) reported a profit of P68.439 million for the first nine months of 2017, 16.8% lower than the P82.288 million earned in the same period in 2016. HSSSI also posted a 6% decline in revenues...

9% hike in Batangas terminal cargo handling fees gets green light

9% hike in Batangas terminal cargo handling fees gets green light

Nov. 13 | Batangas Container Terminal has handled over 93,000 twenty-foot equivalent units as of mid-year of 2017, keeping it on track to exceed its 2016 record volume of nearly 160,000 TEUs. Photo courtesy of port operator Asian Terminals Inc. The Philippine Ports...

BOC probing big disparity between China and PH trade figures

BOC probing big disparity between China and PH trade figures

Nov. 13 | The Philippine Bureau of Customs (BOC) is now checking the massive gap it has uncovered between China’s recorded export volumes to the Philippines and the shipment figures officially reported here by importers, part of its ongoing effort to reform...

PIL takes delivery of 11,800-TEU box ships

PIL takes delivery of 11,800-TEU box ships

Nov. 9 | Pacific International Lines (PIL), a Singaporean container ship operator, has recently taken delivery of two new container ships, each with more than 11,000 twenty foot equivalent units (TEUs) of capacity. The two vessels are among the fleet of twelve...

Formal entry queueing system extended to MICP

Formal entry queueing system extended to MICP

Nov. 8 | The Bureau of Customs (BOC) has extended to the Manila International Container Port (MICP) the implementation of a queueing system for its Formal Entry Division (FED). The first-come-first-served queuing system was first introduced at the Port of Manila...

ICTSI complies with conditions for purchase of MNHPI shares

ICTSI complies with conditions for purchase of MNHPI shares

Nov. 6 | International Container Terminal Services, Inc recently signed a share purchase agreement with Petron, which owns 35% shares of Manila North Harbour Port Inc (MNHPI), operator of the Manila North Harbor. Photo courtesy of MNHPI. International Container...

Competition body oks Chelsea Logistics’ Starlite Ferries purchase

Competition body oks Chelsea Logistics’ Starlite Ferries purchase

Nov. 6 | The Philippine Competition Commission (PCC) has approved Chelsea Logistics Holdings Corp.’s (CLHC) acquisition of Starlite Ferries, Inc. In decision number 29 M-036/2017 signed October 26, the PCC resolved that it will take no further action on CLHC’s...
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