An app that provides visibility over crane activities at terminals has been pilot-tested in the Philippines, the first country to use such a service.…
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Metro Pacific subsidiary nabs CALAX project
MPCALA Holdings Inc., a unit of infrastructure conglomerate Metro Pacific Investments Corp, has won the billion-peso Cavite Laguna Expressway (CALAX) project that will link…
Airlines looking at higher profit, still facing major obstacles
The International Air Transport Association (IATA) has revised upward its 2015 industry outlook to US$29.3 billion in net profit, a 4% profit margin on…
Box lines deliver strong Q1 earnings amid falling rates
Despite low rates, ocean box carriers delivered in the first quarter of this year some of their best profits in a while, but Drewry…
Industry profitable yet most airports in the red, says report
The airport industry was profitable overall in 2013, but notably, much of the profit was made by just a handful of airports, leaving the…
CAAP lifts suspension of Seair, Skyjet
South East Asian Airlines International, Inc. (SEAIR-I) and Magnum Air (Skyjet), Inc. are back on the air after the Civil Aviation Authority of the…
PH ports post 30% drop in first quarter cargo volume
Cargo throughput handled by Philippine ports in the first quarter declined 30.02% to 31.181 million metric tons (mmt) from 44.559 mmt recorded in the…
Bill allowing multiple docking by foreign vessels hurdles bicameral committee
A congressional bicameral committee has approved a bill that will allow foreign shipping lines to dock at multiple Philippine ports and co-load import and…
BOC eyes automation of cargo transfers, ship-to-truck scheme
The Bureau of Customs (BOC) is open to automating the process of transferring cargoes from one economic zone to another. Customs Commissioner Alberto Lina,…
Cebu airport’s Q1 cargo volume deflates
Cargoes handled by the Mactan-Cebu International Airport (MCIA) in the first quarter of 2015 declined 18% to 12.722 million kilograms from 15.517 million kilos…
BOC sees changes in executive ranks
There have been more movements in the executive ranks at the Bureau of Customs (BOC). Arturo Lachica, deputy commissioner for the Internal Administration Group…
The Rigging Co completes aerial lifting works for water diversion project
Heavylift and machinery mover The Rigging Co., Ltd. (TRCL) has just completed providing aerial lifting services for the Sumag River Diversion Project of two…
PH outports offer growth possibilities for Yang Ming
Taiwan-based Yang Ming Marine Transport is bullish about Philippine outports, especially General Santos, Cebu and Davao. Roderick Yu, vice president and chief operating officer…
Construction work on new Indonesia port set to begin
Indonesia’s state-run port operator Pelindo IV has tapped state construction company PT Pembangunan Perumahan (PTPP) to build the first phase of the Makassar New…
Skyjet grounds fleet
Leisure airline Magnum Air (Skyjet), Inc. has voluntarily suspended its operations starting June 4 to allow the Civil Aviation Authority of the Philippines (CAAP)…
OECD gives global economy B-minus grade in revised outlook
The Organisation for Economic Co-operation and Development (OECD) has lowered its forecast for global economic growth in 2015 and 2016 as a result of…
Asian airlines post growth amid signs of waning cargo demand
Asia-Pacific carriers registered cargo growth for April, but all indicators point to slowing global trade in the months ahead that could lead to a…
BOC to shoulder OT pay of employees
The Bureau of Customs (BOC) will shoulder overtime services rendered by Customs rank-and-file employees, including those at the ports of Subic and Clark, as prescribed under a…
Vietnam sets Saigon Port IPO, Cambodia box volume expands
Vietnam’s Saigon Port, the country’s busiest port, will be going on initial public offering (IPO) late this month to raise money to pay off…
Indonesia to get $12-B bank loan to fulfill maritime development goals
The World Bank Group has pledged up to US$12 billion in new financing to Indonesia for use in improving the country’s maritime logistics and…