The global air passenger market benefitted from a small uptick in August year-on-year but its resilience is starting to fray, while the air freight…
Passenger markets show signs of strain, freight decline continues into Aug
The Latest
Air freight forwarding volumes fell 4.2% in H1—Ti report
The global air freight forwarding market contracted 4.2% year-on-year in the first half of 2019, with the market reeling from the economic slowdown and…
Maritime trade volumes grew only 2.7% in 2018—UNCTAD report
World maritime trade lost momentum in 2018, as volumes grew by only 2.7%, down from the 4.1% growth in 2017 and below the historical…
Air passenger traffic to reach 19.7B by 2040—ACI forecast
Global air passenger traffic is projected to grow 3.7% annually and reach 19.7 billion by 2040, with China set to become the largest passenger…
BOC launches parcel, balikbayan box online monitoring system
In time for the expected rush in holiday shipments of overseas Filipino workers (OFWs), the Bureau of Customs (BOC) officially rolled out on October…
Cebu ports rack up 34% cargo growth from Jan-Sept
Cebu ports handled 44.120 million metric tons (mt) of cargoes in the first nine months of 2019, up 34.4% from the 32.819 million mt…
Hapag-Lloyd to introduce sulfur transition charge
Hamburg-based Hapag-Lloyd will apply a sulfur transition charge to short-term contracts to offset the additional costs from complying with the International Maritime Organization’s (IMO)…
Drewry predicts sharp drop in 2019 container production as inventory grows
Total shipping container production is expected to decline by 36% in 2019 compared to 2018 as factory inventory continues to grow, forecasts Drewry, noting…
Misdeclared steel bars seized at Port of Manila
The Bureau of Customs (BOC) has seized two containers of misdeclared stainless steel angle bars from China at the Port of Manila (POM). BOC…
Ombudsman clears two ex-PPA officials of graft charges
The Office of the Ombudsman has dismissed the graft cases against former Philippine Ports Authority (PPA) general manager Atty. Juan C. Sta. Ana and…
87 new graduates join Bureau of Customs police force
The Bureau of Customs (BOC) will soon deploy 87 new customs police officers who have recently graduated from training. The new customs policemen who…
Sangley Airport starts 7-day trial run before formal launch
Sangley Airport in Cavite began its dry run on October 29 and is expected to go into full operations seven days after. “I will…
Maersk partners with industry peers and customers to develop low-carbon fuel
A.P. Moller-Maersk has formed a coalition that will explore LEO—a blend of lignin and ethanol—as a potential part of the future solution for sustainable…
Santa Maria quits as chief of PAL Holdings, stays on at PAL Inc
Gilbert Santa Maria has resigned as president and director of PAL Holdings, Inc., the holding company of airline PAL Inc, just three months after…
MARINA partners with classification society for ship certification services
The Maritime Industry Authority (MARINA) has delegated the task of statutory certification of Philippine shipping companies and Philippine-registered ships, as well as related mandatory…
BOC Manila intercepts P3.5M in misdeclared pork, other meat products
Two containers of misdeclared pork and other meat products estimated to be worth P3.5 million have been seized by the Bureau of Customs (BOC)…
Cebgo’s new Cebu-Busuanga flight flies twice daily
Cebu Pacific has started direct flights between Cebu and Busuanga—the gateway to Coron, Palawan. Operated by Cebu Pacific’s wholly owned subsidiary Cebgo, the route…
BOC Subic exceeds 2019 collection target
The Bureau of Customs (BOC) Port of Subic has collected P26.9 billion as of October 25, already surpassing its 2019 revenue collection target of…
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…
Maersk eyes 3 fuels to reach zero net emissions
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…
