New report highlights economic benefits of aviation

A new report on the socioeconomic benefits of aviation underscores the need to mainstream air transport development objectives in states’ national economic development planning…

CMA CGM announces a new monthly LSS from Dec

French ocean carrier CMA CGM announced it will implement a low sulfur surcharge (LSS) to offset the higher cost of using compliant fuels in…

Drewry downgrades outlook for container port throughput as new risks emerge

With operating conditions in the container market deteriorating further in the last three months, Drewry in its latest forecast downgraded its outlook for world…

Online marketplaces can benefit both carriers and shippers—Drewry

Online technology platforms can help reduce the fundamental mismatch between supply and demand and curb volatility in freight rates in global liner shipping, according…

ICAO, gov’ts agree to consider aviation emissions-reduction goal

Environment topped the agenda at a recent International Civil Aviation Organization (ICAO) assembly, where, for the first time, member states agreed to consider a…

BIMCO suggests limiting ships’ propulsion power to curb emissions

The Baltic and International Maritime Council (BIMCO) is proposing the regulation of the propulsion power of ships in order to sustain the greenhouse gas…

DP DHL investing EUR2B to accelerate digital transformation

Logistics service giant Deutsche Post DHL Group (DP DHL) has confirmed its group EBIT guidance of more than EUR5 billion for 2020 as it…

Boeing announces changes to safety processes as 737 MAX prepared for service return

US-based aircraft manufacturer Boeing will take several immediate actions to strengthen its commitment to product and services safety, according to chairman, president and CEO…

Impact of trade wars on As-Pac countries shows notable differences, says WorldACD

Asia-Pacific continues to post cargo declines but a few countries in the region, notably Vietnam, appear to be performing well amid the trade wars,…

New UPS drone airline makes first delivery flight

United Parcel Service’s (UPS) new subsidiary UPS Flight Forward Inc. has launched its first revenue-generating drone delivery flight after becoming the first fully certified…

With looming IMO 2020 implementation, no MARINA plan yet for domestic vessels

The Maritime Industry Authority (MARINA) is still studying how to implement the International Maritime Organization (IMO) 2020, or the sulfur cap policy, on domestic…

Cebu port expands capacity with launch of P1B finger pier

Cebu International Port’s (CIP) annual capacity has been increased to 900,000 twenty-foot equivalent units (TEUs) with the inauguration of its new P1-billion finger pier.…

PPA rules: Licensed customs brokers exempt from accreditation

Licensed customs brokers no longer need to secure accreditation from the Philippine Ports Authority (PPA) under certain circumstances. The PPA Board of Directors in…

PMTLAI to pilot test online payment facility with shipping lines

The Philippine Multimodal Transport and Logistics Association, Inc. (PMTLAI) will conduct a trial run in October for eCargolink, an online payment facility that enables…

BOC’s new alert order monitoring system now operational

Beginning September 30, the Bureau of Customs (BOC) began implementing its Alert Order Monitoring System (AOMS), the web application for recording and monitoring alert…

Beijing Daxing International Airport officially opens

After almost five years of construction, the Beijing Daxing International Airport, expected to be one of the world’s busiest air traffic hubs, officially opened…

AsPac airlines log further decline in cargo amid falling business confidence

International air passenger markets recorded moderate growth in August, even as cargo demand further weakened against a backdrop of diminishing business confidence levels and…

CMA CGM launches world’s first LNG-powered box ship

Global shipping and logistics group CMA CGM has launched the world’s largest containership powered by liquefied natural gas (LNG), the first in a new…

6 ports for bidding under PPA’s new terminal concession rules

The Philippine Ports Authority (PPA) will be bidding out six ports this year under its new terminal management policy that lays down parameters for…