Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Aboitiz favours cargo over passengers

Article-Aboitiz favours cargo over passengers

Aboitiz favours cargo over passengers

Manila: The Aboitiz group, which runs the country's biggest shipping company, Aboitiz Transport System Corp (ATS), is cutting its passenger capacity and increasing its cargo shipping business as falling airfares and rising fuel prices cut into passenger traffic numbers. One ship has already been sold and another chartered in as the 15-strong fleet prepares for a change in business amid a huge influx of budget airlines. Fuel saving measures have also seen ATS phase out all fast ferries such as the SuperCats which linked numerous islands in the archipelago.  [30/08/06]

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.