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Sea

Drewry’s Intra-Asia Container Index increases 5% in early September, reaching $611 per 40ft container

Drewry’s latest update to its Intra-Asia Container Index (IACI) shows that container freight rates across key Asian trade lanes increased by 5% in the...

MARINA presents 9 proposals at first-Ever STCW PH Conference ahead of IMO submission

The Maritime Industry Authority (MARINA) has presented 9 draft proposals at the first-ever Standards of Training, Certification and Watchkeeping for Seafarers (STCW) Conference ahead...

Deployment of Pinoy hospitality workers to cruise ships steadily increasing

The Philippines, renowned as the world’s leading supplier of seafarers for cruise ships, has been steadily increasing its deployment over the past few years,...

ICTSI beefs up MICT capacity with 8 new ‘green’ cranes

Global port operator International Container Terminal Services, Inc. (ICTSI) has beefed up nits flagship Manila International Container Terminal (MICT) with the addition of eight...

2GO strengthens RORO, freight services to support growing demand for automotive logistics 

2GO, the Philippines’ largest integrated sea logistics provider, continued to strengthen its RORO and freight services to support the growing demand for automotive logistics. Toyota...

Chelsea Logistics launches new ferry to service Western Nautical Highway

Chelsea Logistics, through its subsidiary Starlite Ferries, Inc., announced the upcoming launch of its latest vessel, the M/V Starlite Resilience. The new passenger and...

Incentives for overseas shipping sector to reduce cost of doing business in PH pushed

The Overseas Shipping Service (OSS) is pushing for a legislative measure to provide incentives to the overseas shipping sector in order to meet the...

Maersk increases intra-Asian container capacity, bolstering regional market position

A.P. Moller – Maersk (Maersk) has announced a major expansion of its intra-Asian service network, adding over 100,000 TEU (twenty-foot equivalent units) in capacity...

Drewry World Container Index sees continued decline, but major trade lanes show diverging trends

The Drewry World Container Index (WCI) has experienced its 13th consecutive week of decline, falling 3% to $2,044 per 40ft container. However, for the...

PPA may rebid Zamboang port terminal project this year

The Zamboanga Terminal Port project may be scheduled for bidding this year following the termination of the contract with MARC Builders Inc. primarily due...

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