Russia-Ukraine war, high fuel prices to drive up PH cargo transport rates
Shipment delays and higher ship insurance premiums due to the Russia-Ukraine war…
March 3, 2022
6 minute read
China-HK cargo train delivers anti-COVID supplies on inaugural trip
First train arived on Wednesday (March 2) with about 50 tons of…
March 2, 2022
2 minute read
PAL’s parent seeking US$100M loan to boost capital to P30B
PAL Holdings Inc. is negotiating an additional US$100 million three-year term loan…
March 2, 2022
2 minute read
Major container lines suspend new bookings to Russia from March 1
MSC Mediterranean Shipping Company, Maersk and CMA-CGM are not accepting new bookings…
March 2, 2022
2 minute read
Biden announces total ban on Russian flights from US airspace
President Biden closes airspace to all Russian flights as the US joins…
March 2, 2022
2 minute read
WSC hits Biden’s ‘incorrect’ claims against ocean shipping industry
US President Joe Biden takes the container shipping industry to task for…
March 2, 2022
2 minute read
Eisma resigns as SBMA chair
Wilma Eisma stepped down as chair and administrator of Subic Bay Metropolitan…
March 1, 2022
1 minute read
SBMA posts record P387M income in Jan
Subic Bay Metropolitan Authority recorded a record income of P387 million in…
March 1, 2022
2 minute read
BOC exceeds Feb collection target by 17.4%
The Bureau of Customs collected P59.036 billion in February, surpassing its P50.302-billion…
March 1, 2022
1 minute read
Maersk ‘set to suspend’ Russia cargo bookings to comply with sanctions
Global container shipping giant Maersk says it is prepared to suspend cargo…
March 1, 2022
2 minute read
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