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ATI, ICTSI seek double-digit cargo-handling tariff hikes

April 19, 2024

Asian Terminals Inc. and International Container Terminal Services, Inc. are seeking a double-digit increase in cargo-handling tariff for their respective terminals in Manila ...

ICTSI 2024 capex set at $450M

April 19, 2024

International Container Terminal Services, Inc. has set aside $450 million in capital expenditures this year ICTSI chairman and president Enrique Razon, Jr said...

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

April 16, 2024

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

April 16, 2024

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

April 16, 2024

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

April 15, 2024

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

April 15, 2024

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

April 15, 2024

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

April 12, 2024

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