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ICTSI Croatia announces new intermodal service at Port of Rijeka

ICTSI Croatia announces new intermodal service at Port of Rijeka

Nov. 22 | Adriatic Gate Container Terminal, International Container Terminal Services, Inc’s subsidiary at the Port of Rijeka, Croatia. Photo from ICTSI. Adriatic Gate Container Terminal (AGCT), the Croatian subsidiary of International Container Terminal...

IMO bares latest progress in meeting ship emissions targets

IMO bares latest progress in meeting ship emissions targets

Nov. 20 | The International Maritime Organization (IMO) announced that its working group has made significant progress in helping shipping meet greenhouse gas (GHG) emissions reduction targets, including by advancing work on early, short- and long-term measures...

ICTSI proposal for Iloilo ports meets PPA requirements

ICTSI proposal for Iloilo ports meets PPA requirements

Nov. 19 | Iloilo is eyed as a major regional transhipment hub for Visayas under International Container Terminal Servics Inc’s plans. Iloilo port photo from www.flickr.com/photos/29421855@N07/3316728089. International Container Terminal Services, Inc.’s...

Ti report identifies top 5 threats to supply chains

Ti report identifies top 5 threats to supply chains

Nov. 18 | External threats to supply chains have received considerable attention following well-publicized natural disasters, terrorist action, piracy and cyber attacks. A new report by Transport Intelligence (Ti) has identified five major external threats and...

Harbor Star reverses course, posts P140M loss in first nine months

Harbor Star reverses course, posts P140M loss in first nine months

Nov. 17 | Harbor Star Shipping Services’ income for January to September 2019 declined 1% to P1.028 billion from the same period of 2018. Photo from www.harborstar.com.ph. Marine services provider Harbor Star Shipping Services, Inc. (HSSSI) reported a loss...

Smaller loss, bigger revenues for Lorenzo Shipping in first 9 months

Smaller loss, bigger revenues for Lorenzo Shipping in first 9 months

Nov. 17 | Image by Clker-Free-Vector-Images from Pixabay Domestic carrier Lorenzo Shipping Corporation (LSC) posted a net loss of P173.3 million in the first nine months of 2019, lower than the P188.9 million net loss sustained in the same period in 2018. Revenues...

Maersk reports improved earnings; Hapag-Lloyd achieves ‘respectable results’

Maersk reports improved earnings; Hapag-Lloyd achieves ‘respectable results’

Nov. 16 | Despite lower container demand, A.P. Moller-Maersk reported improved profitability across the business in the third quarter, while Hapag-Lloyd achieved good results in the first nine months of 2019 due to higher transport volumes and better freight rates. Maersk...

Manila South Harbor completes yard 2 expansion

Manila South Harbor completes yard 2 expansion

Nov. 15 | Manila South Harbor photo courtesy of port operator Asian Terminals Inc Around 5,000 twenty-foot equivalent units (TEUs) of static cargo space has been added at Manila South Harbor following completion of the expansion of Container Yard 2, according to...

AISL: foreign carriers ready to comply with IMO 2020

AISL: foreign carriers ready to comply with IMO 2020

Nov. 13 | Image by Maritime_Filming_UK from Pixabay Members of the Association of International Shipping Lines (AISL) are ready for the strict enforcement next year of the International Maritime Organization’s (IMO) global 0.50% sulfur cap on marine fuel oil. “All...

ICTSI declares 25% income growth for first 9 months

ICTSI declares 25% income growth for first 9 months

Nov. 13 | International Container Terminal Services, Inc flagship terminal, the Manila International Container Terminal. Photo from ICTSI. Port operator International Container Terminal Services, Inc. (ICTSI) reported a net income of US$204.968 million in the first...