Manila’s container congestion saga is defying all efforts to resolve it. The Philippines Bureau of Customs estimates that 75,000 mostly empty 20-foot containers are waiting to be collected in the choked port.
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07 Aug 2014
International Container Terminal Services saw profit, revenue and volumes increase at double-digit rates in the first half of 2014.
01 Aug 2014
Regional Container Lines has reorganized the port rotation of its Manila-Singapore (RMN) Service by adding a call at Batangas, Philippines, in an effort to circumvent growing delays at the nearby port of Manila.
30 Jul 2014
Manila’s choked container port will finally have some relief as sweeper ships arrive to clear the thousands of empty boxes clogging the city terminals.
12 Jul 2014
The International Longshore and Warehouse Union and the Pacific Maritime Association surprised watchers by announcing a 72-hour hiatus in their negotiations so that the union could deal with unrelated talks in the Pacific Northwest, and by extending the expired coastwide contract during the suspension of negotiations.
10 Jul 2014
The Philippine government will give vessels that call at the nearby port of Batangas, rather than at Manila, a 90 percent discount on docking fees over weekends from August in a desperate bid to clear the country’s chronically clogged terminals.
03 Jun 2014
The Manila daytime truck ban that was suspended to clear containers choking the Philippine port for the World Economic Forum East Asia summit last month is back in force, but with a slight modification.
30 May 2014
Multiple container lines have planned general rate increases in various trade routes in June and July, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
16 May 2014
Multiple carriers have planned general rate increases in various trade lanes in June and July, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
14 May 2014
Heavy congestion at the Manila flagship of International Container Terminal Services, Inc. (ICTSI) had no obvious impact on its first quarter results with the Philippine-based port operator’s net income growing by 29 percent to $52.4 million.
12 May 2014
Manila mayor Joseph Estrada on May 12 suspended the Philippine capital’s deeply unpopular daytime truck ban for the next eight days in a bid to clear containers choking the port before a World Economic Forum summit begins on May 21.