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Maersk partners with DTI to advance supply chain and logistics capabilities

Global logistics leader A.P. Moller – Maersk has reaffirmed its commitment to strengthening the Philippines’ supply chain and logistics landscape through active support of...

Drewry World Container Index stabilizes as post-tariff market volatility subsides

Drewry's World Container Index (WCI) has shown signs of stabilization, declining by only 1% this week, following a period of significant volatility. The market,...

Gov’t and ICTSI plan to start shifting cargo movement to Batangas

The government and the Razon-owned International Container Terminal Services Inc. (ICTSI), which operates the Manila International Container Terminal, are planning to start shifting cargo...

Drewry’s Intra-Asia Container Index falls, signaling continued market softness

Drewry's Intra-Asia Container Index (IACI) experienced an 8% decline in the second half of July, dropping to $651 per 40ft container. This latest data...

ICTSI investing USD800M in Batangas to build PH’s largest privately-funded marine terminal, 2nd largest to MICT

World’s largest port operator International Container Terminal Services, Inc. (ICTSI) owned by billionaire Enrique K. Razon is investing USD800 million to develop a new...

Razon secures 30-year deal to develop, operate Indonesian port in Batam Island

Billionaire global port operator Enrique K. Razon Jr. continues to expand with the recent signing of an agreement to develop and operate terminal facilities...

Global shipping leaders urge unified front amidst decarbonization push

The urgent need for global collaboration over protectionism in the maritime sector was the resounding message from the ‘Shaping the Future of Shipping’ Summit,...

TecPlata launches new La Plata – Montevideo service

TecPlata, International Container Terminal Services, Inc.’s (ICTSI) Buenos Aires terminal, has launched a new regular service connecting the Port of La Plata to the...

Global Container Port Throughput shows robust growth in May, led by Middle East 

Drewry's latest Global Container Port Throughput Index reveals a continued healthy expansion in global container handling, with significant month-on-month and year-on-year increases in May...

Drewry World Container Index declines for 6th consecutive week amid tariff uncertainty

The Drewry World Container Index (WCI) has recorded its sixth consecutive weekly decline, falling by 3.3% this week. This sustained downturn follows a period...

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