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Ports/Terminals

ATI 2023 net income up 46.6% to P4.438B

Asian Terminals Inc. reported a 46.6% increase in net income in 2023 to P4.438 billion from P3.028 billion in 2022 Revenues from Manila...

Lorenzo Shipping net income soars 415% to 2023 record high

Lorenzo Shipping’s 2023 net income soared 415% to P95.79 million, a record high Freight revenues declined 1% to P3.28 billion from P3.30 billion ...

HK airport remains busiest cargo airport in 2023

Hong Kong International Airport remained the busiest cargo airport in 2023 based on the latest preliminary data from Airports Council International (ACI) World ...

Air cargo rates still rising, ME-South Asia prices soar

Worldwide air cargo rates continued to rise into the first week of April, according to an analysis from WorldACD Market Data Middle East...

PPA to rebid contract for Misamis Oriental clustered ports

The Philippine Ports Authority is rebidding the 15-year contract for the clustered ports of Balingoan and Jasaan in Misamis Oriental No bids were...

4 Filipino seafarers onboard seized boxship

The Department of Migrant Workers confirmed that four Filipino seafarers were aboard the container ship MSC Aries seized by Iranian forces on April...

Cagayan de Oro, Dapitan cargo handlers seek renewal of contracts

Cagayan de Oro and Dapitan cargo-handling operators Oroport Cargo Handling Services, Inc. and PCBSI Port Terminal Management Corp. have respectively applied for renewal...

Vietnam Airlines to offer direct Manila-Hanoi/Ho Chi Minh flights by June

Vietnam Airlines will have direct flights connecting Manila to both Hanoi and Ho Chi Minh City starting June This makes the airline the...

Supply chains “healing” from Baltimore port disruption

Signs point to supply chains “already healing” following the Port of Baltimore disruption due to the collapsed bridge that closed the port, according...

CNC, COSCO in vessel sharing pact for China PH 8 service

Cheng Lie Navigation Co and COSCO have entered into a vessel-sharing agreement for CNC’s China Philippines 8 (CP8) service The agreement involves two...