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Drewry WCI shows continued decline in container freight rates, signaling market normalization

The latest data from Drewry's World Container Index (WCI) reveals a further softening of global container freight rates, with the composite index decreasing by...

Maersk maintains 2025 guidance despite market uncertainty and Red Sea disruption

A.P. Moller - Maersk A/S (Maersk) has revised its global container market volume growth forecast to a range of -1% to 4%, citing increased...

DP World opens first Singapore warehouse to strengthen ASIAN logistics capabilities

  SINGAPORE - DP World, the international supply chain solutions business,  announced the opening of its first ever logistics asset in Singapore. Strategically located in the city-state,...

ONE Philippines partners with CLAP for streamlined container deposit solution

Ocean Network Express (ONE) Philippines is pleased to announce a new partnership with Container Ledger Account Philippines, Inc. (CLAP) to offer customers an alternative...

HD Hyundai and Maersk sign MOU on decarbonization technology, integrated logistics services

HD Hyundai and A.P. Moller - Maersk (Maersk) announced the signing of a Memorandum of Understanding (MOU) to establish a collaboration on decarbonization solutions...

PPA sees over 1M passengers in 2025 election; Bicol among busiest ports

The Philippine Ports Authority (PPA) expects passenger numbers to surge to over a million during the election period from May 9 to May 13,...

Marcos hails Philippine Coast Guard’s maritime vigilance and heroism

President Ferdinand R. Marcos Jr. on Tuesday commended the Philippine Coast Guard (PCG) for its tireless efforts in safeguarding the nation’s maritime domain, highlighting...

Bangkok’s shipping line opening new routes in PH

Bangkok-headquartered Regional Container Lines, Inc. (RCL) is expanding its operations in the Philippines in anticipation of further increases in trade, particularly imports, in light...

ICTSI net income up 14% to US$239.54M

International Container Terminal Services, Inc. (ICTSI), world’s largest port operator,  reported that its net income attributable to equity holders grew 14 percent in the first...

PPA to implement online centralized ticketing system this year

Philippine Ports Authority (PPA) General Manager Jay Daniel Santiago announced that the long-delayed implementation of the online Centralized Ticketing System (CTS) is now set...

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