More container yards (CY) are being built to accommodate more empty containers as existing and new depots in Metro Manila and nearby areas remain…
CYs remain congested but new depots being constructed
The Latest
HKIA still world’s busiest cargo airport
Hong Kong International Airport (HKIA) remains the world’s largest air cargo center, even as global cargo volume growth has worryingly weakened, according to Airports…
Malaysia, Singapore agree to suspend overlapping port claims
Singapore and Malaysia have agreed to jointly put on hold their overlapping port claims as they seek to resolve their maritime dispute that has…
Cathay Pacific swings to black after two years of loss
Hong Kong flag carrier Cathay Pacific Airways said it returned to profitability last year, both in its core airlines business and as a group,…
‘K’ Line to cut chartered fleet after huge loss
An anticipated deficit at container shipping alliance Ocean Network Express (ONE) has compelled Japanese carrier Kawasaki Kisen Kaisha (“K” Line) to now expect a…
Green lane resumption in the offing, says BOC chief
Reactivation of the green lane under the Bureau of Customs’ (BOC) selectivity system is now underway, according to Customs commissioner Rey Leonardo Guerrero. As…
Guerrero: faster accreditation, follow-up system at BOC coming soon
The Bureau of Customs (BOC) will implement several measures, including streamlining accreditation requirements and introducing a new system for document track and trace, to…
CCBI board of directors for 2019-21 elected
The new members of the Chamber of Customs Brokers, Inc. (CCBI) Board of Directors for 2019 to 2021 have been elected. In a March…
Cebu Pacific flies new Manila-Marinduque route from April
Low-cost carrier Cebu Pacific will soon start its regular commercial flights between Manila and Marinduque as part of the expansion of its domestic footprint.…
Marina to open 8 industry-recommended RoRo routes
The Maritime Industry Authority (Marina) will open eight more roll-on/roll-off (RoRo) missionary routes to support the Philippines’ Road RoRo Terminal System (RRTS). At the…
Dutch shipbuilder considering Hanjin investment
Netherlands-based shipbuilding company Damen Shipyards Group is looking at possible investment options in the Philippines, including investing in the facility in Subic, Zambales of…
Jan air freight down on weak global activity, export orders; passenger growth continues uptick
Global air freight demand decreased 1.8% in January 2019 compared to the same period in 2018, the industry’s worst performance in the last three…
BOC chief: Yard utilization at Manila ports now ideal
Manila’s international container terminals are no longer congested as yard utilization has gone down to ideal levels, according to Customs commissioner Rey Leonardo Guerrero.…
International air freight forwarders in PH post 5.6% more cargo liftings in 2018
Cargo volume handled by international air freight forwarders grew 5.6% in 2018 to 368.737 million kilograms (kg) from 349.030 million kg in 2017, according…
BOC Feb collection up 1.6%
The Bureau of Customs (BOC) February 2019 collection was 1.6% or P698 million higher than the P43.716-billion collection year-on-year, the BOC said in a…
Metrojet breaks ground on maintenance facility in Clark
Metrojet Limited officers and government officials recently led groundbreaking ceremonies for the construction of a state-of-the-art business aviation parking and maintenance facility in Clark…
ICTSI books 20% rise in 2018 net income
International Container Terminal Services, Inc. (ICTSI) reported a net income of US$249.8 million in 2018, 20% higher than the recorded income of $207.7 million…
e-commerce boom, trade growth drive DP DHL revenue growth in 2018
Deutsche Post DHL (DP DHL) reported continued financial growth in 2018, spurred by the ongoing boom in e-commerce as well as sustained growth in…
BOC prohibits return of empty containers at Manila ports
The Bureau of Customs (BOC) is temporarily disallowing return of empty containers at the Port of Manila (POM) and Manila International Container Port (MICP)…
Additional 7,500 empties to be loaded out of MICP on weekends
The Bureau of Customs-Manila International Container Port (BOC-MICP), foreign shipping lines and port operator International Container Terminal Services, Inc. (ICTSI) will load out an…
