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Signing of P170B concession agreement jump-starts NAIA modernization

The Department of Transportation, Manila International Airport Authority, and SMC SAP & Company Consortium signed today (March 18) the P170.6-billion concession agreement for...

PPA opens bids for port contracts in Bacolod, Romblon

The Philippine Ports Authority is bidding contracts for two port clusters in Romblon and the port of Banago in Bacolod City PPA is...

PortCalls March 18, 2024

Our latest issue (March 18, 2024). Stories include: PH falls to 65th place in DHL Global Connectedness Report Cebu ports handle 1.84% more cargo...

Container rates sink to unsustainable levels — Maersk CEO

Container rates have sunk to unsustainable levels due to overcapacity, according to Maersk CEO Vincent Clerc New container ships added 9% to global...

Lufthansa Technik eyes $150M second hangar in Clark

Lufthansa Technik Philippines is planning to build a second hangar in Clark valued at around $150 million (P8 billion) Construction timeline is two...

Cebu ports handle 1.84% more cargo in 2023

Cebu ports handled 1.84% more cargoes in 2023 compared to 2022, according to updated data from the Cebu Port Authority Domestic cargoes grew...

Large ships dominate order book

Large ships are dominating order books, and the trend is expected to continue, according to BIMCO in a market report The average container...

Locally constructed vessels expected to rise 20% this year

The Shipyard Association of the Philippines expects a 20% increase in locally-constructed vessels this year compared to 2022 The growth will come from...

Air cargo sees strong double-digit growth in Jan, Feb

Air cargo market sees double-digit growth and an uptick in general freight spot rates, according to Xeneta’s latest market analysis Following January’s 11%...

Global connectedness remains strong despite series of global shocks, says new DHL study

Global connectedness remains strong despite a series of global shocks over the past decade Globalization reached its peak in 2022 and remained close...