Several options, including government takeover, are being considered by the Philippine government to help ailing shipbuilder Hanjin Heavy Industries and Construction-Philippines, Inc. (HHIC-PHIL), which…
The Latest
Cathay Pacific releases traffic data for Dec and FY 2018
Combined Cathay Pacific and Cathay Dragon traffic figures for December 2018 show an increase in the number of passengers carried and a drop in…
OCEAN Alliance agreement extended
The four member shipping lines of the OCEAN Alliance—CMA CGM, Cosco Shipping, Evergreen, and OOCL—have agreed to extend their partnership from five years to…
DSV makes $4B buyout offer to Panalpina
Danish transport and logistics company DSV has confirmed making a proposal to acquire Swiss-based counterpart Panalpina for over US$4 billion. In a written statement…
OCEAN Alliance rolls out third phase of product refinements in April
The OCEAN Alliance has announced the launch this year of the third phase of its further refinements to the product mix. CMA CGM said…
BOC to commence audit of firms with release of post-clearance audit order
Philippine companies will now have to be ready for a potential customs audit with the signing of a Bureau of Customs (BOC) order finally…
Drewry predicts improved supply-demand balance as mega ship purchases ease
Ocean shipping lines have lost the urge to order more ultra-large container vessels as they become increasingly focused on investing in becoming all-around supply…
HKIA scales new heights in traffic volume in 2018
Hong Kong International Airport (HKIA) said it achieved new annual heights for all three air traffic categories last year. During the year, HKIA handled…
P677B revenue collection goal for 2019 doable, says BOC chief
Customs Commissioner Rey Leonardo Guerrero is confident of meeting the Bureau of Customs’ (BOC) P677-billion 2019 revenue collection target. In a text message to…
BOC clamps down on cases of implied abandonment to decongest ports
Philippine Customs Commissioner Rey Leonardo Guerrero has ordered all Bureau of Customs (BOC) officials to strictly implement the provision on implied abandonment under the…
4 new hybrid RTGs delivered to MICT
Manila International Container Terminal (MICT) recently received four of the 16 new hybrid rubber-tired gantries (RTG) ordered by port operator International Container Terminal Services,…
Tax Academy set to rise in Tagaytay, New Clark City
The Department of Finance (DOF) is planning to set up permanent campuses of the Philippine Tax Academy (PTA) in Tagaytay City in Cavite and…
PCC seeks stakeholders’ views on ICTSI-North Harbour deal
The Philippine Competition Commission (PCC) is inviting stakeholders and interested individuals to comment on the proposed acquisition by International Container Terminal Services, Inc. (ICTSI)…
BOC implements TRAIN Law’s second tranche
New rates for several commodities including fuel, tobacco and alcoholic beverages covered under the second tranche of the Tax Reform for Acceleration and Inclusion…
As volume rises 25%, Batangas terminal installs new equipment
Port operator Asian Terminals Inc. (ATI) has deployed additional modern equipment at the Batangas Container Terminal (BCT), including two new ship-to-shore (STS) cranes and…
Small delivery firms in Subic to have loan access
Micro, small, and medium enterprises (MSMEs) accredited to deliver goods and services at Subic Bay Freeport Zone (SBFZ) may now avail of a financial…
PAL ushers summer with new Hanoi, Phnom Penh, New Delhi flights
Philippine Airlines (PAL) is ramping up its operations in the Asian region by launching new routes to Hanoi (Vietnam), Phnom Penh (Cambodia) and New…
PH exports fall, imports’ growth slows in Nov
The Philippines’ merchandise trade amounted to US$15.04 billion in November 2018, up 4.1% from $14.45 billion year-on-year, as continuous albeit slower growth in imports…
Cargo damage liability of arrastre operator and carrier
Sometime in April 1995, Nich Corp shipped to Universe Motors [UM] 219 packages containing 120 units of brand new pick-up trucks, without engine, tires…
Cebu Pacific’s new check-in baggage scheme starts Jan 15
Cebu Pacific will implement a new check-in baggage policy starting January 15, 2019. To “streamline operations and provide a more efficient check-in experience at…