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Araneta-Aurora intersection to close nights until Aug 21

Araneta-Aurora intersection to close nights until Aug 21

Aug. 16 | Image by OpenClipart-Vectors from Pixabay The Araneta-Aurora intersection in Manila will be closed for seven consecutive nights from August 15 until August 21 from 11 p.m. to 5 a.m. to give way to the launching of the girder for the Skyway Stage 3 project,...

PAL posts P3B loss in H1

PAL posts P3B loss in H1

Aug. 15 | Philippine Airlines (PAL) reported a net loss of P3.01 billion for the first half of 2019, 355% more than its year-on-year loss of P661.56 million due to higher operational expenses following a change in accounting policies. Consolidated revenues for...

ATI income up 53% in H1 as Manila, Batangas port volumes soar

ATI income up 53% in H1 as Manila, Batangas port volumes soar

Aug. 15 | Manila South Harbor handled nearly 650,000 twenty-foot equivalent units of international container cargoes, a new mid-year record for the port and higher by over 15% from volumes processed in the first half of 2018. Photo courtesy of port operator Asian...

Cebu ship operators unite to form organization

Cebu ship operators unite to form organization

Aug. 14 | Cebu-based shipping companies have banded together to form a single organization with the aim of promoting development of the domestic shipping industry. Formally established last June, the Philippine Coastwise Shipping Association, Inc. (PCSA) is a merger...

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...

ICTSI income jumps 29% in H1

ICTSI income jumps 29% in H1

Aug. 14 | Manila International Container Terminal, International Container Terminal Services, Inc’s flagship terminal. Photo from ICTSI. International Container Terminal Services, Inc. (ICTSI) reported a net income of US$146.070 million in the first half...

Cebu Pacific income surges 115.7% in H1

Cebu Pacific income surges 115.7% in H1

Aug. 14 | Cebu Pacific earned P7.139 billion in net income in the first half of 2019, an increase of 115.7% from the P3.309-billion net income reported in the same period last year. Revenues for the first six months of 2019 reached P44.703 billion, 18.2% higher...

CAB requires original copies of docs in application for authority to operate

CAB requires original copies of docs in application for authority to operate

Aug. 14 | The Civil Aeronautics Board (CAB) is requiring air freight forwarders, general sales agents, cargo sales agents and offline carriers applying for an authority to operate to provide original copies of required documents. Starting August 7, the duplicate...

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...