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Stronger dollar hurts ICTSI first-quarter earnings

International Container Terminal Services, Inc. (ICTSI) earnings fell 15% on the first three months of 2018 at US$44.1 million from US$51.7 million in the...

Chelsea Logistics reports three-fold jump in Q1 profit

Chelsea Logistics Holdings Corp. (CLC) reported that its net income for the first quarter of 2018 reached P115 million, an increase by 326% from...

A bustling and thriving sector

By Bjorn Biel M. Beltran, Special Features Writer As a country of over 7,000 islands surrounded on all sides by waters, it’s no wonder that the...

2GO to merge with parent Nenaco through share swap deal

2GO Group, Inc. is merging with its parent Negros Navigation Company, Inc. (Nenaco) through a share swap deal. In a disclosure to the stock exchange...

LBC acquires two logistics firms

LBC Express Holdings, Inc. (LBC) is propping up its logistics business with the acquisition of two firms on Tuesday, March 20, valued at a...

SBITC sees better performance this year

SUBIC BAY International Terminal Corp. (SBITC) sees its performance improving this year, buoyed by both the government and private sector’s interest to invest in...

APL to boost operations, seek local port expansion

MULTINATIONAL container transportation and shipping company American President Lines Ltd.(APL) announced on Friday its geographical expansion plans following its celebration of 100th anniversary in...

Shipping risks rise as Antarctic ice hits record low

SYDNEY — Sea ice cover in Antarctica dropped to a record low this year, scientists said Wednesday, as they warned the frozen continent’s unpredictable...

PPA, China port authority sign deal to improve operations

THE Philippine Ports Authority (PPA) and the Port and Shipping Authority (PSA) of Haikou City in China have partnered for the improvement of port...

Chelsea Logistics boosts Q2 earnings by 98%

NEWLY-listed Chelsea Logistics Holdings, Corp. (CLC) nearly doubled its net income in the second quarter of 2017, driven by the recognition of its share...

E. Asian shipping emissions kill tens of thousands

PARIS -- A sharp rise in shipping emissions in east Asia is killing tens of thousands of people in the region every year and...