Jakarta: Indonesian shipping company Soechi Lines has made its trading debut on the Indonesian Stock Exchange today.
Manila: The transportation department will roll out a public-private partnership (PPP) program this month for a port upgrade in the far south of the country.
Singapore: The Executive Board of Singapore-listed Swissco Holdings has seen a reshuffle.
Manila: Congestion at Manila’s ports has cost food and garment exporters in the Philippines between P13.5m to P20.2m ($300,000 to $449,000) in cancelled orders and lost business opportunities, despite authorities’ efforts to ease traffic.
Singapore: Singapore has severe human resources issues that may well stymie its growth as an international maritime centre.
Melbourne: A Vietnamese tanker has been dragged into a rapidly escalating debate over fuel security and the environment in Australia. The 18 crew of the Tandara Spirit product tanker have been on strike in Melbourne’s Port Phillip Bay for the past two weeks, refusing to take the ship back to Singapore.
BRITISH Shipping Minister John Hayes said he will finds ways to use taxpayers' money to help pay for a government mandate for ships to use costly low-sulphur fuel from January.
A STRIKE of Los Angeles and Long Beach harbour truckers, seeking to be recognised as employees rather than independent contractors, has spread to two more companies and now takes in rail yards, reports American Shipper.
HAVING dropped Southampton for Felixstowe in 2010, Maersk Line is to return as part of its re-configuration of 2M rotations with alliance partner Mediterranean Shipping Co (MSC).
MAERSK has doubled the surcharge on Manila-bound boxes from North America to US$300 per TEU and $600 per FEU from November 1 because of relentless port congestion.