Maritime

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To intensify the government’s anti-drug campaign, the Philippine Drug Enforcement Agency (PDEA) and the Philippine Ports Authority (PPA) last week renewed their alliance to stop illegal drugs and controlled chemicals being trafficked through ports. Through a memorandum of agreement (MOA) signed by PDEA Director General Aaron Aquino and PPA General…

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LONDON, United Kingdom: Members of the United Nations’ (UN) International Maritime Organization (IMO) struck last Friday a deal to halve carbon dioxide emissions from shipping by 2050 in a deal that will force the industry to redesign fleets. “The initial strategy envisages for the first time a reduction in total…

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More than a quarter of seafarers show signs of depression, and many of them would not ask for help about it, a study conducted by Yale University and international maritime charity Sailors’ Society showed. More than 25 percent of seafarers felt “down, depressed or hopeless” for several days, said the…

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Last December, Fitch Ratings said the outlook for the global shipping industry would remain negative for 2018, and it did not expect market fundamentals to substantially improve because of lingering overcapacity. The credit rating agency’s sobering assessment indicates that the five-year slowdown in world fleet growth would be extended. Since…

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The Department of Labor and Employment (DOLE) has issued the procedural guidelines on providing financial security to seafarers in case of abandonment, sickness or death while onboard Philippine-registered ships sailing overseas. In Department Order (DO) 181-B, Labor Secretary Silvestre Bello 3rd said this financial security must take the form of…

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The Asia-Pacific region is expected to lead the global container-handling equipment industry until 2025, a report from market research company MarketsandMarkets said. According to the “Container Handling Equipment Market: Global Forecast until 2025” report, China, Japan, Singapore, South Korea, and India are the sector’s top nations. The forecast is based…

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The majority of terminal operators believe that automation in their businesses is critical to stay competitive, a Navis survey has found. According to the technology company, 30 percent of the 75 Navis customers polled believe that automation could increase productivity by 26 percent to 50 percent, while 19 percent believe…

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It should surprise no one that the Philippine shipbuilding and ship repair industry is thriving, considering that Filipinos’ talent for them was evident in precolonial times. Surrounded by different bodies of water, the country’s early inhabitants used the bangka and balsa to travel and transport goods. Thanks to centuries of…

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More women are joining the Philippine maritime industry as seafarers, resulting in improved productivity and reflecting the government’s commitment to the United Nations (UN) to promote gender equality in the sector, state-run National Maritime Polytechnic (NMP) said recently. According to Grace Marie Ayaso, head of NMP’s research and development division,…

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The Seamanpreneurs Consumer Cooperative (Seacoop) has signed an agreement with blockchain company Traxion to adopt blockchain technology for financial purposes. Under the deal signed at the recent Seafarers & OFW (overseas Filipino workers) Business Expo 2018 at SMX Convention Center in Pasay City, the firm will provide a “TraxionWallet” that…

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