Somali pirates cost the shipping industry and governments as much as $6.9 billion last year as average ransom payments advanced 25 percent, according to One Earth Future Foundation.

The Port of Portland and ICTSI Oregon, Inc. cited the newly expanded containership service offered by Hapag-Lloyd and Hamburg Sud.

A recovery in demand for cargo shipments is failing to lift prices as bigger passenger jets like the A380 superjumbo create a glut of belly space, crimping margins at Deutsche Lufthansa AG and Delta Air Lines Inc.

Singapore Airlines Ltd., Qantas Airways Ltd. and Korean Air Lines Co., Asia’s three largest operators of Airbus SAS A380s, said flights would be unaffected by a new order for checks on the superjumbos.

The National Competitiveness Council (NCC) will continue pushing for a policy on chassis roll-on roll-off (Ro-Ro) in support of the ASEAN Ro-Ro agenda of President Aquino.NCC co-champion for infrastructure working group Henry Basilio stressed the need for an executive order that would make chassis Ro-Ro (Cha-Ro) part of the Ro-Ro service to support the success of the ASEAN Ro-Ro initiative.

Qantas chief Alan Joyce on Monday warned the airline would be forced to slash services and expressed ''grave fears'' for its future if proposed laws strengthening its ties to Australia went ahead.

Airbus SAS, the world’s biggest commercial-jet builder, is starting to market a new seating concept for its narrow-body planes that could provide more hip room in aisle seats for larger passengers, an executive said.

Airbus SAS, the world’s biggest commercial-jet builder, is starting to market a new seating concept for its narrow-body planes that could provide more hip room in aisle seats for larger passengers, an executive said.

Newly-installed Philippine Coast Guard (PCG) commandant Vice Admiral Edmund C. Tan lauded the United States government and the United States Guard (USCG) for their continuous support to the PCG through training and donation of vital communications equipment.

Singapore Airlines' new long-haul budget carrier Scoot said Australia's Gold Coast would be its second destination, having already announced routes to Sydney.

Airphil Express is expanding its service capabilities further with the launch of four new routes to and from Clark beginning March 29 this year. The new additional routes are from Clark to Davao, Cebu, Kalibo and Puerto Princesa, and the same brings the total number of Airphil Express's daily scheduled trips to 32 local destinations.

A bill to speed the update the US air traffic control system from radar to one based on GPS technology and to open US skies to unmanned drone flights within four years received final congressional approval Monday.

Newly licensed AirAsia Inc. (Philippines) will lease 14-16 Airbus 320 planes to service domestic and international routes within 1.5 to 4 hours flight from its Clark, Pampanga hub in the next half decade.

Australia's Qantas Airways said Wednesday it was temporarily grounding one of its A380 superjumbos after discovering dozens of hairline cracks in its wings during a maintenance inspection.

The Filipino Shipowners Association (FSA) has joined the global call for the reduction of greenhouse emissions from international shipping.

The world’s largest ships are robustly regulated and safe to sail even as their dimensions expand, according to the United Nations agency that sets global maritime rules.

A strike by French aviation workers was set to intensify on Tuesday with Air France (AF) saying it might fly only half of its long-haul flights.

The Brazilian government privatized operations at three of the nation's main airports on Monday, awarding $14 billion in contracts to three consortiums that will expand and run terminals amid booming demand and ahead of the 2014 World Cup.

Mitsui O.S.K. Lines, Ltd. (MOL) has decided to scrap five double-hull tankers by the end of March.

The Association of Asia Pacific Airlines (AAPA) showed steady growth in international air passenger demand.