Transport & Logistics
Gov’t crafting EV, hybrid sea transport safety standards in wake of MV June Aster tragedy
The Maritime Industry Authority (MARINA) is teaming up with key government bodies to develop clear, evidence-based safety rules for carrying electric and hybrid vehicles on domestic passenger ships—an effort triggered by the recent fatal fire aboard the MV June Aster.
Aznar Shipping profit jumps 155% as IPO looms
Cebu-based Aznar Shipping Corp. posted a 155-percent jump in first-half net income as revenue more than doubled, giving the ferry operator stronger financial momentum as it moves toward a planned initial public offering.
GrabScholar produces first Southeast Asian graduates
Grab Philippines has produced the first college graduates of its GrabScholar program in Southeast Asia, providing an early measure of how the platform’s education initiative is translating scholarships into workforce opportunities.
ED Council approves key amendments to NSCR, MCIA PPP projects
The Economy and Development (ED) Council, which operates under the Department of Economy, Planning and Development (DEPDev) has given the green light to amendments covering the North-South Commuter Railway (NSCR) Operations and Maintenance (O&M) deal and the Mactan-Cebu International Airport (MCIA) public-private partnership (PPP) project, alongside adjustments to three major development programs and a review of class suspension rules.
Ground broken for NAIA Terminal 3 Station
The Department of Transportation (DOTr) held a groundbreaking ceremony Wednesday for the Ninoy Aquino International Airport (NAIA) Terminal 3 Station, a critical piece of the Metro Manila Subway Project (MMSP). This facility falls under Contract Package 109 (CP109), a civil works agreement covering one underground station and associated tunnels spanning 2.413 kilometers between Taguig City and Pasay City.
