Outlook remains subdued as Asian airlines face rising headwinds—AAPA
September saw continued moderate growth in international air passenger numbers, while air cargo demand declined reflecting stagnant international trade activity, according to traffic figures…
A.P. Moller-Maersk says it will focus on the development of three particular kinds of fuel as it moves toward carbon-neutral shipping. The Danish shipping…
The Philippines will soon have admiralty courts with the Supreme Court (SC) recently resolving to adopt rules of procedure for maritime cases. The rules…
Solid growth in Q3 for Maersk and OOCL; Maersk raises EBITDA outlook
Both A.P. Moller-Maersk and Orient Overseas (International) Limited (OOIL) reported solid results in the third quarter of the year for their respective shipping businesses,…
United Parcel Service (UPS) said it delivered “solid performance” in the third quarter, with its earnings per share (EPS) up double-digits, which the U.S.…
Regulating foreign carriers’ charges among PCCI’s transport wish list
The Philippine Chamber of Commerce and Industry (PCCI) is supporting moves to regulate local charges imposed by international shipping lines operating in the Philippines.…
A new bunker adjustment factor indexing mechanism is now available for shippers’ reference and guideline, announced Drewry. The maritime research and consulting service provider…
Cathay Pacific’s passenger business continues to struggle as inland bookings fall
The impact of political tensions between Hong Kong and China is reflected in Cathay Pacific group’s September traffic data which show decreases in both…
DHL allots $146M for Incheon gateway expansion as e-commerce grows
DHL Express plans to make a multi-million dollar investment that will see its existing gateway in South Korea expand into the company’s largest gateway…
Passengers want more control, less waiting—IATA survey
Air passengers are looking to technology to improve their travel experience by giving them more control and reducing their wait times, according to the…
BOC launches Cargo Targeting System; no penalties yet for non-compliance
The Bureau of Customs (BOC) launched on October 16 the Cargo Targeting System (CTS), a World Customs Organization (WCO) enterprise solution, which will allow…
Air passenger volume grows but remains below trend, says IATA
Global passenger demand showed a slight pickup in August 2019 year-on-year, but growth remains below the long-term trend, according to the latest data released…
New Bureau of Customs (BOC) guidelines on the establishment, operation, supervision, and control of customs bonded warehouses (CBWs) are out. Customs Administrative Order (CAO)…
The Bureau of Customs (BOC) has issued rules on transit of goods in customs territories. Customs Administrative Order (CAO) No. 15-2019 covers the movement…
BOC sets new transshipment rules effective early Nov
The Bureau of Customs (BOC) has issued guidelines on the movement, transfer and clearance of transshipment goods effective early November. Customs Administrative Order (CAO)…
