S Korea plans $13B investment to modernize seaports by 2020

South Korea will inject KRW14.7 trillion (US$13.4 billion) to upgrade its seaport…

WCO chief: BOC needs to combine clear vision with IT to raise efficiency

The World Customs Organization (WCO) underscores the need for the Philippine Bureau…

NEDA ICC oks P9.3B Cebu International Port proposal

The proposed P9.3-billion Cebu International Port (CIP) to be situated in Barangay…

NAIA cargo volumes up 6%, Mactan-Cebu’s down 32% in 1H

The Philippines’ two main aviation gateways—Ninoy Aquino International Airport (NAIA) and Mactan-Cebu International…

Confidence index shows modest rise as Hanjin woes fan rivals’ hopes

The confidence of the cargo transport sector continues to inch up slightly…

Lethargic trade forecast to keep air cargo market growth modest till 2025

The Airports Council International (ACI) in its World Airport Traffic Forecasts 2016–2040…

WTO lowers world trade forecast for 2016-17 as merchandise volume falls sharply

The World Trade Organization (WTO) has revised downward its forecast for world…

Asia on course for 5.7% GDP growth in 2016 and 2017, says ADB

Developing Asia is expected to grow steadily despite external pressures and should…

S Korea’s Aug sea cargo dips; HK July exports fall

Cargo processed at South Korean seaports shrank nearly 6% in August from…

‘K’ Line lambasts bankruptcy rumors, threatens legal action

Japanese ocean carrier Kawasaki Kisen Kaisha, Ltd. or “K” Line has refuted…