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Marina to inspect PH-registered ships to avoid detention overseas
Aug. 12 | The Maritime Industry Authority (Marina) will impose strict regulations for Philippine-registered ships operating overseas to avoid detentions abroad. Starting October 20, 2018, Marina, exercising its oversight function as flag state administration, will...
JICA offers to help Marina develop PH shipbuilding sector
Aug. 12 | The Japan International Cooperation Agency (JICA) is offering its technical know-how to the Maritime Industry Authority (Marina) to help boost the Philippines’ shipbuilding and ship repair industry. “I am happy that JICA is taking the initiative to...
Maersk-IBM blockchain platform attracts over 90 participant organizations
Aug. 12 | A.P. Moller-Maersk and IBM have announced the creation of TradeLens, jointly developed by the two companies to apply blockchain to the world’s global supply chain. The result of a collaboration agreement between Maersk and IBM announced last January,...
Hapag-Lloyd widens loss in first half amid a ‘challenging market’
Aug. 11 | Global shipping line Hapag-Lloyd announced a deeper net loss of EUR100.9 million (US$115.2 million) in the first half of this year, which is EUR58.2 million below the loss of EUR42.7 million in January-June 2017. This is mainly driven by the ongoing intense...
Cebu port enlarging yard, opening spaces for dangerous goods, empties
Aug. 10 | Oriental Port and Allied Services Corporation manager for Legal, Customer Care and IT Department Atty. Annabel Pulvera-Page in a presentation during the 2nd Visayas Shipping Conference 2018 organized jointly by PortCalls and Asia Customs & Trade in...
BOC prepares to execute fuel marking program
Aug. 8 | The Bureau of Customs (BOC) has created a task force to oversee preparations for the implementation of its fuel marking program. Created under Customs Special Order No. 49-2018, the Fuel Marking Task Force, chaired by the Enforcement Group and co-chaired...
ICTSI continues series of improvements, investments to upgrade MICT
Aug. 8 | ICTSI Asia Pacific commercial director Justin Tolentino at the recent Ease of Doing Business at MICP stakeholders’ forum. International Container Terminal Services, Inc. (ICTSI) has bared development plans for Manila International Container Terminal...
Lorenzo Shipping predicts 10% volume growth amid robust FMCG demand, ongoing infra development
Aug. 7 | Lorenzo Shipping Corporation president and CEO RJ Madamba Domestic carrier Lorenzo Shipping Corporation (LSC) is eyeing higher volumes this year as it is optimistic about the positive effect on shipping of the Philippines’ growing economy and expanding...
Freight forwarding looking strong in the next 5 years, says report
Aug. 7 | The freight forwarding market grew 8.0% in real terms in 2017, buoyed by a resurgent global economy, particularly a significant international trade growth, according to Transport Intelligence (Ti) in a new report. The air freight forwarding market grew...
