PAL losses climb 8% in Q1 as costs offset revenue gains

Flag carrier Philippine Airlines said losses widened 8.3% to P1.084 billion in…

Lorenzo’s Q1 net profit soars 322% on stronger revenues

Lorenzo Shipping Corp. said net income soared 322.2% to P30.638 million for…

Maersk Line booked $454-M profit in Q1, revises guidance upward

A.P. Moller-Maersk said today its container shipping arm Maersk Line made a…

Cebu Pacific revenue up 11.6%; bigger expenses sink income

Cebu Air Inc., operator of low-cost carrier Cebu Pacific Air, reported revenue…

Towing service drives 35% rise in Harbor Star Q1 profit

Listed firm Harbor Star Shipping Services, Inc. has posted a first-quarter net…

Regional leaders agree on Palawan-Kota Kinabalu direct flights

The port city of Puerto Princesa in Palawan will soon be connected…

SMC offers to build airport on reclaimed land for $10B

Diversified conglomerate San Miguel Corp. has presented to Malacañang a $10-billion plan…

Cargolux expands HK-US service as HKIA posts solid growth

European air carrier Cargolux Airlines is beefing up its weekly freighter flight…

CMA CGM reshuffles SE Asia-New Zealand loops

Marseilles-based carrier CMA CGM announced it was discontinuing two service lines to…

OOCL names latest 13,208-TEU ship, Yang Ming eyes 14,000-TEU newbuilds

Hong Kong shipping liner Orient Overseas Container Line (OOCL) has christened its…