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Maersk reports strong gains in Q2, reaffirms 2019 forecast

Maersk reports strong gains in Q2, reaffirms 2019 forecast

Aug. 17 | Danish shipping and logistics group A.P. Moller-Maersk said it made “solid progress” in the second quarter by delivering profit above expectations, and reaffirmed its guidance for the whole year. Maersk, the world’s largest container shipping company,...

BOC issues rules on lodgement of consumption goods declaration

BOC issues rules on lodgement of consumption goods declaration

Aug. 17 | Image by rawpixel from Pixabay The Bureau of Customs (BOC) has unveiled uniform guidelines for the lodging and processing of consumption goods declaration at all ports. Customs Memorandum Order (CMO) 39-2019, signed August 7 and effective immediately,...

Cebu Pacific’s first dedicated freighter starts service on Sept 4

Cebu Pacific’s first dedicated freighter starts service on Sept 4

Aug. 16 | At the inauguration of Cebu Pacific’s first dedicated freighter, from left: Civil Aviation Authority of the Philippines (CAAP) Director General Capt. Jim Sydiongco; CAAP Deputy Director General for Operations Capt. Don Mendoza; Civil Aeronautics Board...

PH ports book 3.8% more cargo, 6% more containers in first half

PH ports book 3.8% more cargo, 6% more containers in first half

Aug. 14 | The Manila port area. Photo from the Bureau of Customs. Cargo volume at Philippine ports grew 3.8% to 128.707 million metric tons (mt) for the first half of 2019 from 124.033 million mt year-on-year as both domestic and foreign cargoes recorded increases,...

AISL prepares for IMO 2020, notes cost implications

AISL prepares for IMO 2020, notes cost implications

Aug. 14 | Image by Maritime_Filming_UK from Pixabay Members of the Association of International Shipping Lines (AISL) are gearing up for enforcement of an international regulation cutting sulphur content on marine fuel even as the association foresees higher cost...

HKIA obtains interim injunction against protesters

HKIA obtains interim injunction against protesters

Aug. 14 | Airport Authority Hong Kong (AAHK) said it has obtained an interim injunction to “restrain persons from unlawfully and wilfully obstructing or interfering with the proper use of Hong Kong International Airport (the Airport).” In a brief statement...

Shanghai tops 2019 ranking of world’s best-connected ports: UNCTAD

Shanghai tops 2019 ranking of world’s best-connected ports: UNCTAD

Aug. 14 | The Shanghai port in China has topped the United Nations Conference on Trade and Development (UNCTAD) 2019 ranking of the world’s best-connected ports in 2019. The Chinese port gained a connectivity score of 134 points, followed by the ports of...

Industry groups vs PPA accreditation rule for port service providers

Industry groups vs PPA accreditation rule for port service providers

Aug. 13 | A recent Philippine Ports Authority (PPA) order that requires all port service providers to secure accreditation is meeting resistance from customs brokers, domestic shipping lines and truckers. In separate letters to PPA general manager Atty. Jay Daniel...

DP DHL logs revenue and EBIT growth, raises lower end of full-year forecast

DP DHL logs revenue and EBIT growth, raises lower end of full-year forecast

Aug. 12 | Deutsche Post DHL Group (DP DHL) reported an increase in revenue of 3.0% year-on-year in the second quarter, as all five divisions contributed to the positive development, and all regions of the world posted growth. For the period April-June, group revenue...

Contract logistics sustains strong market growth in 2018—Ti report

Contract logistics sustains strong market growth in 2018—Ti report

Aug. 12 | The global contract logistics market grew 4.9% in real terms in 2018, one of the fastest growth rates seen in recent years, new research from Transport Intelligence (Ti) reveals. Ti’s latest market report, Global Contract Logistics 2019, paints a picture...