July 19, 2018, 4:14 am
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Shipping and Transportation

Relocation of cleared containe

September 15, 2014
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The Philippine Ports Authority (PPA) and the two Manila port operators will continue relocating, and imposing, higher storage fees for overstaying Customs-cleared containers despite the lifting of the Manila truck ban.
 

Brent heads below $98

by Reuters on September 15, 2014
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SINGAPORE - Brent crude fell below $98 a barrel on Friday, heading for its worst week in six, as concerns over weak demand outweighed geopolitical worries in the Middle East and Ukraine.
 

Brazil’s Vale signs shipping d

by Reuters on September 15, 2014
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SHANGHAI/RIO DE JANEIRO - Brazilian miner Vale SA reached a deal with China Ocean Shipping Co (Cosco) for transporting iron ore, a move that could help the Brazilian miner resolve a costly two-year ban on docking its mega-ships at Chinese ports.
 

Scotland ‘Yes’ vote would tri

by Reuters on September 15, 2014
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LONDON - Scotland will ask Britain to help finance the cost of removing old North Sea rigs and pipelines even if it votes for independence and gains most of the oil revenues, a move that bankers and lawyers say may result in years of legal battles.
 

Hapag-Lloyd, CSAV merger to cr

by Reuters on September 12, 2014
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BRUSSELS – Hapag-Lloyd and Compania SudAmericana de Vapores will win conditional European Union approval for their merger that will create the world’s fourth-largest container shipping company, two people familiar with the matter said.
 

US shippers seek role in tran

by Reuters on September 12, 2014
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WASHINGTON - The US government should ensure that international trade of U.S. natural gas, and potentially crude oil, will offer opportunities for the domestic shipping industry, maritime groups said on Wednesday.
 

Brent above $98/bbl

by Reuters on September 12, 2014
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SINGAPORE - Brent crude nudged higher to stay above $98 a barrel on Thursday amid geopolitical concerns in the Middle East, although worries about ample supply and weak demand that dragged prices to 17-month lows in the previous session kept a lid on gains.
 

ATI bares incentives for impor

September 11, 2014
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Cash incentives await importers withdrawing cargoes at Manila South Harbor on Sundays up to Monday mornings, said listed Asian Terminals Inc. (ATI), as an added benefit for helping fast-track container deliveries from the port to end-users.

3-way shipping alliance to eff

by Reuters on September 11, 2014
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PARIS/LONDON - French container shipping group CMA CGM has sealed an alliance with two rivals after a failed attempt to partner with bigger peers Maersk and Switzerland’s MSC, vetoed by China earlier this year due to competition concerns.

Low commodity prices no longer

by Reuters on September 11, 2014
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LAUNCESTON - Commodity producers worried about the outlook for Chinese demand have another reason to fret, with the relationship between pricing and import volumes appearing to break down.

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Column of the Day

Tomodachi Tangle

Bernard Karganilla's picture
By BERNARD KARGANILLA | July 19,2018
‘Jose Rizal’s life is serialized as a Japanese manga (comics).’

Opinion of the Day

The Departure Lounge

Philip S. Chua's picture
By PHILIP S. CHUA | July 19, 2018
‘Growing old is a great privilege denied many. Let us relish every second we have left.’