MARINA to help shipping companies, yards modernize via Busan Engineering partnership

THE Maritime Industry Authority (MARINA) said on Thursday that its partnership with South Korea’s Busan Marine Engineering Association (BUEA) will help shipping companies and shipyards build modern ships. “The role of MARINA is to assist the shipping companies and shipyards in availing of the modern ship designs offered by BUEA based on the shipowner’s requirements,” […]

Increased investment in maritime transport needed to prepare for future crises

By Arjay L. Balinbin, Senior Reporter INCREASED investment in maritime supply chains, including ports, shipping fleets, and hinterland connections, is needed to boost sustainability and prepare for future global crises, the UN Conference on Trade and Development (UNCTAD) said. The recovery of maritime trade globally is hindered by port congestion and unreliable schedules amid increased […]

Shipping dev’t plan to highlight increase in yard, repair capacity

THE 10-year plan for the shipping industry will be anchored on an increase in shipbuilding and repair yard capacity, the Department of Transportation (DoTr) said on Monday. The department said in a statement that Undersecretary for Planning and Project Development Timothy John R. Batan met with officials of the Maritime Industry Authority (Marina) on Nov. […]

Aggresive in Global Market Expansion, PIS Meets BP, Shell, and Exxon in Singapore

SINGAPORE, Sep 3, 2022 – (ACN Newswire via SEAPRWire.com) – Pertamina International Shipping (PIS) is increasingly targeting consumers in the international market. In addition to this expansion, PIS strives to continuously improve the quality and standard of service by exchanging knowledge and experiences with world energy companies. PT Pertamina International Shipping (PIS), in cooperation with […]

COSCO SHIPPING Development Achieved Quality Improvement in 1H2022, Integrated Core Advantages and Promoted Digital Empowerment

EQS Newswire / 30/08/2022 / 23:25 UTC+8 Press Release (For Immediate Release)                 COSCO SHIPPING Development Achieved Quality Improvement in 1H2022, Integrated Core Advantages and Promoted Digital Empowerment   (30 August 2022, Hong Kong) – COSCO SHIPPING Development Co., Ltd. (“COSCO SHIPPING Development” or the “Company”) (SSE: 601866, […]

Steady progress and pending new breakthroughs COSCO SHIPPING Holdings delivered the record first-half results

EQS Newswire / 30/08/2022 / 21:38 UTC+8 Press Release(For immediate release)       Steady progress and pending new breakthroughs COSCO SHIPPING Holdings delivered the record first-half results (30 August 2022, Shanghai)–COSCO SHIPPING Holdings Co., Ltd. (“COSCO SHIPPING Holdings” or “the Company”) (SSE: 601919; HKEx: 1919), the container shipping-based global digital supply chain operation and […]

Exporters call for changes to PHL shipping rules

Exporters and logistics groups are proposing longer-term changes to Philippine shipping rules to allow domestic ships to carry out international trade.   Royal Cargo, Inc. subsidiary Iris Logistics, Inc. will soon transport containers carrying export products to the United States amid a global container shortage that has led exporters to flag logistics delays and higher freight […]

Trans-Asia launches new vessel

SHIPPING company Trans-Asia Shipping Lines has unveiled mv Trans-Asia 21, its brand new cargo and passenger vessel serving the Cebu-Cagayan de Oro route. Sheila Fay Sy, general manager of Trans-Asia, said the movement of goods and cargo in the gateway between the Visayas and Mindanao is crucial. “There is so much business between Cebu and […]

Project Launched to Probe Conversion of Existing Ships from Fossil-based Fuels to Decarbonized Energy Sources

TOKYO, May 20, 2021 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Heavy Industries, Ltd. (MHI) is to undertake technical, financial and environmental assessments for converting existing ships to vessels that run on zero carbon fuels. The evaluations will be performed mainly by two Group companies – Mitsubishi Shipbuilding Co., Ltd. and Mitsubishi Heavy Industries Marine […]

Indonesian SOE Minister Erick Thohir Inaugurates PERTAMINA PRIDE

LAMPUNG, Indonesia, Apr 18, 2021 – (ACN Newswire via SEAPRWire.com) – State-Owned Enterprises (SOE) Minister Erick Thohir was at the Port of Semangka Bay, Kota Agung, Tanggamus Regency to inaugurate the PERTAMINA PRIDE, the Very Large Crude Carrier (VLCC) commissioned by Pertamina International Shipping (PIS), the shipping sub-holding of PT Pertamina. Handover of PERTAMINA PRIDE […]

97% of funds for assistance for critically impacted shipping firms distributed, PPA says

By Arjay L. Balinbin, Senior Reporter THE Philippine Ports Authority (PPA) said it had released about 97% of the allocated budget for the financial assistance for the shipping companies or operators that had been critically impacted by the coronavirus pandemic. The amount of funds used as of Jan. 26 was P7,458,965.75, according to PPA data […]