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DOF, private sector back fuel marking initiative to counter smuggling

DOF, private sector back fuel marking initiative to counter smuggling

Feb. 20 | Various groups are supporting a Philippine government proposal to adopt a fuel marking and monitoring system to prevent oil smuggling and improve collection of fuel excise taxes, according to the Department of Finance...

Hamburg Sud unveils upgraded East-West service under slot charter deal

Hamburg Sud unveils upgraded East-West service under slot charter deal

Feb. 20 | Germany-based Hamburg Sud announced plans to offer an improved service in the East-West trades utilizing its slot charter agreement with Maersk Line. In a written release, the carrier said that with the new service,...

TL2 Shipping Agency is Hyundai agent in Davao, GenSan

TL2 Shipping Agency is Hyundai agent in Davao, GenSan

Feb. 18 | Starting April 1, 2017, TL2 Shipping Agency, Inc will be the exclusive agent of Hyundai Merchant Marine in Davao and General Santos. Present at the signing of the agreement were (L to R) Marc Mun – Hyundai, Chief...

Seoul court rules Hanjin Shipping as bankrupt

Seoul court rules Hanjin Shipping as bankrupt

Feb. 17 | South Korea’s Hanjin Shipping Co. was formally declared bankrupt by a Seoul district court on February 17, signaling the end for what once was the country’s biggest carrier and the world’s seventh leading container...

PPA amends holdover period for lapsed cargo-handling contracts

PPA amends holdover period for lapsed cargo-handling contracts

Feb. 16 | The Philippine Ports Authority (PPA) has revised in a newly issued administrative order the terms for the holdover period for expiring cargo-handling contracts. PPA Administrative Order (AO) No. 03-2017 said all...

As Cagayan De Oro port traffic rises, PPA adds one more harbor pilot

As Cagayan De Oro port traffic rises, PPA adds one more harbor pilot

Feb. 16 | The Philippine Ports Authority (PPA) has increased the number of authorized harbor pilots in Cagayan de Oro as vessel calls in the area continue to grow. The number of authorized harbor pilots in Cagayan de Oro Pilotage...

ICTSI ends contract with Brunei container terminal

ICTSI ends contract with Brunei container terminal

Feb. 15 | New Muara Container Terminal Services, SDN (NMCTS), a subsidiary of global port operator International Container Terminal Services, Inc. (ICTSI), will no longer renew its services agreement to operate and maintain...

2M modifies network to accommodate HMM and Hamburg Sud cargoes

2M modifies network to accommodate HMM and Hamburg Sud cargoes

Feb. 15 | The 2M alliance of Maersk Line and MSC is upgrading its existing network by April as it prepares to carry the volumes of Hyundai Merchant Marine and Hamburg Sud under their newly signed slot purchase pacts. The scale...

CMA CGM and Alibaba partner up for e-commerce

CMA CGM and Alibaba partner up for e-commerce

Feb. 15 | French container carrier CMA CGM and and Chinese e-commerce company Alibaba have struck a deal to collaborate in the area of online commerce. The two signed a memorandum of understanding on February 14 in Hangzhou,...

Box shipping seen to grow more consolidated over the years

Box shipping seen to grow more consolidated over the years

Feb. 13 | Following the flurry of activities to create alliances last year, the container shipping sector is expected to continue the trend towards ongoing consolidation, says Clarksons in a new analysis. The research consultant...
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