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Harbor Shipping reports P21.88M net loss in Q1

Harbor Star Shipping Services, Inc. reported a net loss of P21.88 million in the first quarter of 2024, a reversal from the P50.05...

VCT welcomes first visit from SITC Container Lines

Visayas Container Terminal in Iloilo received on May 6 the inaugural call of SITC Container Lines’ CPX6 service, linking the port to markets...

ATI seeks 16.55% hike in Batangas port cargo-handling tariff

Port operator Asian Terminals Inc. and its unit, Asian Terminals Inc.-Batangas, are proposing a 16.55% upward adjustment in the cargo-handling tariff at the...

ZIM reports income turnaround in Q1

ZIM reported a net income of $92M in the first quarter from a net loss of $58 million in the same period last...

PH remains in IMO White List

The Philippines continues to be included in the International Maritime Organization’s “White List,” affirming the country’s full compliance with the Standards of Training,...

PPA declares failure of bidding for Romblon ports

The Philippine Ports Authority declared a failure of bidding for the 15-year concession of two clustered ports in Romblon No bidder purchased bid...

PH ports handle 2.5% more cargo in Q1

Philippine ports handled 2.5% more cargoes in the first quarter of 2024 as both domestic and foreign shipments recorded increases Container traffic was...

Central Luzon transport, trade conference highlights region’s growth, logistics opportunities

The Central Luzon Transport & Trade Conference 2024 set on May 24 at Hilton Clark Sun Valley Resort will feature the region’s attraction...

Lorenzo Shipping posts P86.21M net loss in Q1

Lorenzo Shipping Corp recorded a net loss of P86.21 million in the first quarter of 2024, a reversal from the P51.06 million net...

Cerberus, Hyundai formalize lease on Subic shipbuilding facility

Cerberus Capital Management and HD Hyundai Heavy Industries formalized their lease agreement on a portion of the former Hanjin shipbuilding facility in Subic,...