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.
The firm controlled by billionaire Enrique Razon Jr. said the restructured China-Philippines Express 7 route – operated by SITC Container Lines – marks a significant step in linking Western Visayas with major Asian and domestic markets.
Tycoon Enrique Razon Jr.’s International Container Terminal Services Inc. (ICTSI) reported its highest-ever net income in 2024, with profits surging 66 percent to $849.8 million, fueled by strong revenue growth and higher interest earnings on cash balances.