Day: May 16, 2016

ICTSI profits down to P2.07 billion in Q1

May 16, 2016

Port operator International Container Terminal Services Inc. (ICTSI) saw profits eroding in the first quarter of 2016 due to lower storage and ancillary revenues, unfavorable container volume mix, lower capitalized borrowing...

Shipping alliances demand aggressive oversight – FMC chairman

May 16, 2016

From Marine Link: The restructuring of the ocean carrier alliance system, triggered by merger and acquisition activities by shipping companies, is a logical business development, but if not carefully monitored and regulated,...