Philippines
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Asia
NYK heralds world’s first onboard use of digital currency
The world’s first onboard use of digital currency has occurred through the MarCoPay fintech platform, which is operated by Japan’s…
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Asia
Filipino shipowners seek sulphur cap delay
The Philippines is the latest nation to admit IMO 2020 jitters. The Filipino Shipowners Association (FSA) has warned the domestic…
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Asia
Atlantic Gulf & Pacific invests in Kanfer Shipping
Philippines-based gas logistics company Atlantic Gulf & Pacific (AG&P) has made a strategic equity investment in Kanfer Shipping, a Norway-based…
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Americas
US court rules in favour of ICTSI in long-running Portland case
Manila-headquartered International Container Terminal Services, Inc (ICTSI) has been handed $93.6m by a federal jury in the US over a…
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Americas
Excelerate get approval for Bay of Batangas FLNG
Texas-headquartered Excelerate Energy has received approval from the Philippine Department of Energy (DOE) to proceed with a floating LNG import…
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Asia
Cerebus and Austal enter exclusive talks to take over Hanjin Heavy’s giant Subic yard
The Nikkei Asian Review is reporting Australian shipbuilder Austal and US private equity firm Cereus Capital Management have entered exclusive…
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Asia
Tsuneishi’s Philippine ship recycling ambitions thwarted
Japanese shipyard giant Tsuneishi’s long-held plans to develop a ship recycling site in the Philippines have been put on hold,…
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Americas
Trudeau employs Bolloré to end spat with the Philippines
Justin Trudeau has moved to end a long simmering diplomatic spat with the Philippines. Canada’s environment minister, Catherine McKenna, said…
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Asia
2GO and Negros Navigation merge
Two of the largest names in Philippine shipping have merged. Alphaliner reports that 2GO Group has undergone an internal restructuring…
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Asia
Philippines’ dominant crewing position comes under threat
The Philippines, the world’s dominant source of seafarers this century, is coming under severe pressure with the number of deployed…
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Asia
ICTSI outlines plans to transform Hanjin Subic away from shipbuilding
The Philippines’ largest terminal operator has outlined how it might transform the country’s biggest shipyard. International Container Terminal Services, Inc…
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Asia
Abu Sayyaf hunting high-value targets along Sabah’s eastern coast
Ambrey Risk is reporting that the Eastern Sabah Security Command has issued a warning stating that a group from Islamic…
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Asia
Port congestion crisis grows at Manila
As Manila faces up to its worst port congestion crisis since the crippling box crunch of 2014, stakeholders including terminal…
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Asia
Manila seeks to fix empty container congestion issue
A familiar problem has hit the port of Manila again; congestion brought around by too many empty containers lying around…
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Asia
Hanjin Heavy comes to an agreement with lenders in Manila
Troubled Hanjin Heavy Industries & Construction (HHIC) from South Korea has reached an agreement on debt rescheduling for its Philippine…
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Asia
Another Emas Offshore rescue deal falls through
Offshore vessel operator EMAS Offshore, part of Singapore’s Ezra Holdings, has announced that a non-binding term sheet signed with Udenna…
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Asia
Hyundai Heavy latest name to be linked with taking over Hanjin’s Subic Bay yard
Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, is the latest big name being linked to taking over the financially…
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Asia
Manila broadens discussions with overseas firms to acquire bust Hanjin Subic
Authorities in the Philippines are determined to give Hanjin Heavy Industries and Construction Philippines (HHIC-Phil) every chance of surviving, with…
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Asia
Duterte receptive to idea of nationalising Hanjin Subic
All options are being considered by the Philippine government as it scrambles to save its largest shipyard. Hanjin Heavy Industries…
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Asia
Cosco readies first overseas yard with Hanjin Subic bid
Hanjin Heavy Industries and Construction-Philippines (HHIC-Phil) was officially put into receivership yesterday by the Olongapo City Regional Trial Court (RTC)…
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