Cebu-based Aznar Shipping Corp. is moving closer to raising P737 million from the stock market after securing regulatory clearance for its initial public offering (IPO), setting the stage for a December debut.
Manila port truckers are calling on foreign shipping lines to take back empty containers and provide adequate depot capacity, warning that a worsening container logjam is disrupting cargo movement and driving up costs.
CEBU CITY—Lite Shipping Corp. is allowing electric vehicles (EVs) aboard its vessels, subject to safety measures intended to protect passengers, crew, cargo and ships.
CEBU CITY— Domestic shipping and cargo handling operators will no longer enjoy discounted port charges after the Cebu Ports Authority (CPA) ended temporary relief measures introduced during the fuel crisis.
Cebu-based Aznar Shipping Corp. secured pioneer route status from the Maritime Industry Authority for its brand-new MV Alexander Aznar I, strengthening its Danao, Cebu-Isabel, Leyte ferry service under the government’s domestic shipping modernization program.
DHL Express has expanded its international logistics portfolio with the launch of Heavy Weight Express (HWX), a new air freight service designed for heavyweight shipments requiring time-definite delivery and higher operational reliability.
CEBU CITY — The country’s largest shipping organization is asking the Department of Energy (DOE) to investigate the high prices of marine fuel being charged to shipping companies by oil firms.
Tycoon Enrique Razon Jr. has scored a hard-fought legal victory in South Africa, ending more than a year of delays that clouded one of his biggest overseas port bets.
The San Juanico Bridge serves as a critical land link between Samar and Leyte. With ongoing rehabilitation and some areas placed under a state of calamity, logistics operators are scrambling to ensure continuity of goods movement throughout Eastern Visayas and adjacent regions.