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Maersk imposes peak season surcharges

Maersk imposes peak season surcharges in several trades starting this month Increased PSS for Brunei, Vietnam, Indonesia, Cambodia, Laos, Myanmar, Malaysia, the Philippines,...

ICTSI 2024 capex set at $450M

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

BOC-NAIA intercepts P218M shabu in Pasay City

The Bureau of Customs-Ninoy Aquino International Airport recently intercepted P218 million worth of shabu at a cargo warehouse in Pasay City The drugs...

FTA information portal for launch by yearend

The information portal and origin management system aimed at promoting and streamlining use of free trade agreements in the Philippines will be launched...

ONE launches reduced emissions shipping service

Ocean Network Express launched a reduced emissions shipping service as part of company’s decarbonization effort ONE LEAF+ offers customers reduced carbon footprint wherein...

May airfares steady as CAB keeps surcharge unchanged

The Civil Aeronautics Board maintained the level of passenger and cargo fuel surcharge that airlines may impose in May 2024 CAB has set...

83% of supply chains unable to address disruptions within 24 hours

83% of supply chains are unable to respond to disruptions within 24 hours, according to a recent global study conducted by IDC The...

CMA CGM Air Cargo to launch transpacific service

CMA CGM Air Cargo is launching a transpacific service connecting Asia to North America in the summer of 2024 with three Boeing B777F...

PortCalls April 17, 2024

Our latest issue (April 17, 2024). Stories include: ICTSI gets green light to operate Iloilo port US, Japan, Philippines to develop Luzon Economic Corridor ...

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...