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PH transport agencies on high alert vs coronavirus entry at ports
Jan. 28 | Screengrab from the World Health Organization website Philippine transport and government authorities have gone on heightened alert in response to the international outbreak of the novel coronavirus (2019-nCoV), the virus which was first detected in Wuhan,...
IMO: transition to new sulfur limit ‘relatively smooth’
Jan. 27 | The International Maritime Organization (IMO) said the new sulfur cap policy, which took effect on January 1, 2020, is being implemented successfully without significant disruption to maritime transport. “Information from various sources has indicated...
OOCL logs Q4 growth in all lanes except Transpacific
Jan. 27 | Orient Overseas Container Line (OOCL) reported overall growth for the fourth quarter of 2019 in both volume and sales, with all lanes except the Trans-Pacific posting increases. In the fourth quarter ended December 31, 2019, total volumes carried reached...
PH releases national transport policy IRR
Jan. 24 | Banner courtesy of the National Economic and Development Authority The National Economic and Development Authority (NEDA) has released implementing rules and regulations (IRR) of the National Transport Policy (NTP), the policy that embodies the government’s...
Rising cost of LSFO a ‘massive challenge’ shipowners are facing overnight—BIMCO
Jan. 22 | The final quarter of 2019 marked a big spike in the sale of low-sulfur fuel oil (LSFO), as implementation of the mandatory IMO 2020 sulfur cap loomed, according to a new analysis from the Baltic and International Maritime Council (BIMCO). While high-sulfur...
Box carriers to see 3.3% demand growth this year, says Drewry
Jan. 20 | The container shipping industry is expected to see only modest growth in 2020 even with the welcome signing of the “phase one” trade deal between the US and China, according to the latest “Container Forecaster” report of Drewry. The maritime...
Lower House eyes swift ok of bill regulating foreign carriers’ shipping charges
Jan. 18 | House Speaker Alan Peter Cayetano The House of Representatives (HOR) will push for the “swift” passage of a measure seeking to regulate foreign shipping lines’ charges to lower costs for importers and bring down prices of consumer goods. House Speaker...
Chelsea inaugurates latest RoPax ship
Jan. 18 | Chelsea’s M/V Starlite Venus at the KegoyaDockyard in Hiroshima Japan on January 15, 2020 prior to launching. Chelsea Logistics and Infrastructure Holdings Corp. (CLIHC) has launched a new roll-on/roll-off (Ro-Ro) passenger vessel (RoPax), its 11th...
DTI bill regulating foreign carriers’ charges may be ready by end Jan—trade exec
Jan. 15 | Image by Thomas G. from Pixabay Instead of an executive order (EO), the Department of Trade and Industry (DTI) is now drafting a bill on the regulation of charges imposed by foreign shipping lines operating in the Philippines. Rowel Barba, DTI Undersecretary...
