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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,...

Bidding for clustered Misamis ports fails anew

The bidding for the 15-year concession for the clustered ports of Balingoan and Jasaan in Misamis Oriental failed anew The Philippine Ports Authority...

Isla Import Terminals secures PEZA registration

Isla Import Terminals Inc. has secured registration with the Philippine Economic Zone Authority as an economic zone domestic market enterprise Isla Import is...

ICTSI to build $800M international container terminal in Bauan, Batangas

International Container Terminal Services, Inc. is building an $800-million international container terminal in Bauan, Batangas Construction will begin in the first quarter of...

CNC launches service to Iloilo, Zamboanga

CNC (Cheng Lie Navigation Co., Ltd) launched a new service calling on the ports of Iloilo and Zamboanga in the Philippines SPX2 offers...

PPA hands over Iloilo Commercial Port to Visayas Container Terminal

The Philippine Ports Authority officially handed over the management and operation of the Iloilo Commercial Port Complex to Visayas Container Terminal on May...

MARINA urges shipping companies to join self-assessment survey

The Maritime Industry Authority is urging shipping companies to join a self-assessment survey and training for maritime safety compliance scheduled this month MARINA...

ICTSI net income up 33.2% in Q1 to $230M

International Container Terminal Services, Inc.’s net income grew 33.2% in the first quarter of 2024 to $229.8 million year-on-year Revenue from port operations...

MARINA gives ship operators ultimatum to submit plan on sulfur cap

The Maritime Industry Authority gave domestic shipping operators an ultimatum to submit their ship-specific implementation plan that limits the use of sulfur on...

Indian company Adani seeks to develop port in Bataan

India-based Adani Ports and Special Economic Zone Limited is eyeing to develop a port in Bataan as it looks at investing in the...

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