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ATI, ICTSI seek double-digit cargo-handling tariff hikes

Asian Terminals Inc. and International Container Terminal Services, Inc. are seeking a double-digit increase in cargo-handling tariff for their respective terminals in Manila ...

Maersk imposes peak season surcharges

Maersk imposes peak season surcharges in several trades starting this month Increased PSS for Brunei, Vietnam, Indonesia, Cambodia, Laos, Myanmar, Malaysia, the Philippines,...

ICTSI 2024 capex set at $450M

International Container Terminal Services, Inc. has set aside $450 million in capital expenditures this year ICTSI chairman and president Enrique Razon, Jr said...

ONE launches reduced emissions shipping service

Ocean Network Express launched a reduced emissions shipping service as part of company’s decarbonization effort ONE LEAF+ offers customers reduced carbon footprint wherein...

ATI 2023 net income up 46.6% to P4.438B

Asian Terminals Inc. reported a 46.6% increase in net income in 2023 to P4.438 billion from P3.028 billion in 2022 Revenues from Manila...

Lorenzo Shipping net income soars 415% to 2023 record high

Lorenzo Shipping’s 2023 net income soared 415% to P95.79 million, a record high Freight revenues declined 1% to P3.28 billion from P3.30 billion ...

PPA to rebid contract for Misamis Oriental clustered ports

The Philippine Ports Authority is rebidding the 15-year contract for the clustered ports of Balingoan and Jasaan in Misamis Oriental No bids were...

4 Filipino seafarers onboard seized boxship

The Department of Migrant Workers confirmed that four Filipino seafarers were aboard the container ship MSC Aries seized by Iranian forces on April...

Shipping industry faces “shadow of uncertainty”

The global shipping industry faces a “shadow of uncertainty”, particularly with China’s economy teetering on the brink of instability Veson Nautical, which delivers...

Cagayan de Oro, Dapitan cargo handlers seek renewal of contracts

Cagayan de Oro and Dapitan cargo-handling operators Oroport Cargo Handling Services, Inc. and PCBSI Port Terminal Management Corp. have respectively applied for renewal...

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