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Sea

Chelsea Logistics bounces back with a net profit of P177 million and record revenue

Chelsea Logistics and Infrastructure Holdings Corp., the shipping and logistics arm of Udenna Corporation, has announced a significant financial recovery, reporting a consolidated net...

Domestic shipping lines ask Dizon to abrogate centralized ticketing system AO

Domestic shipping lines are strongly urging Transportation Secretary Vivencio B. Dizon to annul Administrative Order No. 12-2019, or the centralized ticketing system (CTS), and...

Global container freight rates slip 2% amid trade uncertainty

The Drewry World Container Index (WCI) fell 2% this week, settling at $2,157 per 40-foot container. This marks a significant 79% drop from the...

DOTr mulls new terminal at San Jose Port

The Department of Transportation (DOTr) is mulling the construction of a new terminal with roll-on-roll-off capability in San Jose port as part of the...

World’s largest port operator Razon says ‘too early to tell’ impact of Trump tariffs

Enrique K. Razon Jr., chairman of the world’s largest port operator, ICTSI, said it is still too early to assess the impact of the...

MOL expands presence in the U.S. with new Washington, D.C. office to strengthen global partnerships

Mitsui O.S.K. Lines, Ltd. (MOL) announced on Thursday the opening of a new office in Washington, D.C., through its U.S. subsidiary, MOL (Americas) LLC....

IMO and Saudi Arabia launch NextWave seafarers program

A groundbreaking initiative, the "NextWave Seafarers" training programme, is set to launch in July 2025, spearheaded by the International Maritime Organization (IMO) in partnership...

FastCat and 2GO officially partners for integrated island travel

 2GO, the country’s premier sea travel and logistics solutions provider, has formally partnered with FastCat to launch BiyaheConnect—a seamless travel service that integrates FastCat's...

Drewry’s global port index shows year-on-year growth despite February slowdown

Drewry’s Global Container Port Throughput Index fell by 1.4% month-on-month (MoM) in February but remained 8.8% higher compared to the same month last year. The...

Swift response ensures safe transfer of 506 passengers from grounded ferry off Bohol

In a prompt and coordinated maritime response, the Coast Guard District Central Visayas (CGDCV) successfully facilitated the safe transfer of all 506 passengers from...

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