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Sea

Business activity in port municipalities rises 17%, nearby towns down 6.5% – study

Business activity in port municipalities rose by 17 percent after joining the Roll-on/Roll-off network, but neighboring towns experienced an average of 6.5 percent in...

IMO Council condemns attacks on merchant shipping, calls for urgent international coordination

During an extraordinary session at its headquarters in London, the Council of the International Maritime Organization (IMO) issued a forceful condemnation of escalating threats...

MARINA and BSM Philippines ink partnership to drive green maritime transition and seafarer welfare

The Maritime Industry Authority (MARINA) and Bernhard Schulte Shipmanagement International (Philippines) Corp. entered into a memorandum of understanding (MOU) on March 17, 2026, marking...

IMO calls for urgent action to protect seafarers amid rising tensions in the Strait of Hormuz

Member States of the International Maritime Organization (IMO) convened today at the 36th extraordinary session of the Council to address the escalating crisis in...

MARINA, BSM Philippines ink MOU to advance green transition, seafarer training

The Maritime Industry Authority (MARINA) formalized its partnership with Bernhard Schulte Shipmanagement International (Philippines) Corp. (BSM Philippines) through the signing of a Memorandum of...

DA chief eyes Pantao port expansion, access improvement

Agriculture Secretary Francisco P. Tiu Laurel Jr. said the Department of Agriculture (DA) plans to transform the Port of Pantao into an agricultural logistics...

NorthPort advances Pier 14 infra upgrades

NorthPort, the Philippines’ premier domestic cargo terminal, continues to make progress on the structural strengthening of Pier 14 as part of its three-year terminal...

OceanJet announces temporary fuel surcharge adjustments for selected routes

In response to the sustained and significant rise in global fuel costs, OceanFast Ferries, Inc. (OceanJet) today announced a temporary fuel surcharge adjustment for...

Global freight rates surge as Asia-Europe and transpacific routes see sharp increases

The latest data from the Drewry World Container Index (WCI) reveals a significant 8% increase in global freight rates, bringing the average cost to...

BOC-Subic exceeds February 2026 collection target by 22.54%

The Bureau of Customs – Port of Subic (BOC-POS) has once again demonstrated strong revenue performance after surpassing its February 2026 collection target.   For February...

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