<\/p>\n
CEBU-BASED Aznar Shipping Corp. said it’s expanding its fleet and exploring recent inter-island routes because it seeks to capitalize on growing cargo and passenger demand across the Visayas.<\/p>\n
The shipping company plans so as to add three vessels to its current fleet of 10 ships and explore recent routes across the Visayas because it positions itself for sustained growth in inter-island trade and travel.<\/p>\n
\u201cBecause the Visayas continues to grow, inter-island shipping will remain crucial in connecting key growth centers,\u201d Aznar Shipping President Kyle Alexander C. Aznar told reporters on Monday.<\/p>\n
\u201cOur goal is to proceed serving as a sea bridge for the region by investing in vessels and routes that support safer travel, stronger cargo movement, and more reliable connectivity,\u201d he added.<\/p>\n
The planned expansion comes as shipping operators profit from increasing economic activity and mobility across the country. Preliminary data from the Philippine Ports Authority (PPA) showed cargo volume handled by ports under its supervision rose 1.53% to 66.96 million metric tons (MMT) in the primary quarter, driven by higher foreign shipments.<\/p>\n
Of the overall, foreign cargo reached 39.49 MMT while domestic cargo accounted for 27.47 MMT.<\/span><\/p>\n Passenger traffic likewise increased by 1.97% to 19.69 million throughout the January-to-March period despite fewer ship calls.<\/p>\n Mr. Aznar said the corporate stays optimistic about demand for each cargo and passenger services this yr despite challenges similar to elevated fuel costs.<\/p>\n \u201cDespite the fuel crisis, we were in a position to improve, so moving forward we’re still optimistic that we are able to maintain and even improve our volume,\u201d he said.<\/p>\n The corporate expects stronger volumes for each business segments this yr, even though it declined to reveal specific targets.<\/p>\n For 2025, Aznar Shipping posted a net income of nearly P52 million on gross revenue of P225 million.<\/p>\n Over the subsequent five years, the corporate plans to concentrate on fleet modernization and route expansion, particularly throughout the Visayas, where economic activity and population growth proceed to support demand for maritime connectivity.<\/p>\n Among the many routes being considered is a Bacolod-Iloilo service, which might further strengthen links between two of Western Visayas\u2019 largest economic centers.<\/p>\n The corporate can also be studying opportunities in ship repair and drydocking as a part of its long-term technique to support fleet expansion and improve operational efficiency.<\/span><\/p>\n Mr. Aznar said inter-island shipping stays essential to regional development, particularly in an archipelagic country where the movement of products and folks depends heavily on maritime transport. \u2014 Ashley Erika O. Jose<\/b><\/p>\n<\/p><\/div>\n <\/p>\n","protected":false},"excerpt":{"rendered":" AZNARSHIPPING.PH CEBU-BASED Aznar Shipping Corp. said it’s expanding its fleet and exploring recent inter-island routes because it seeks to capitalize on growing cargo and passenger demand across the Visayas. The shipping company plans so as to add three vessels to its current fleet of 10 ships and explore recent routes across the Visayas because it […]<\/p>\n","protected":false},"author":1,"featured_media":351876,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[3334,3431,52899,1092,17085],"class_list":["post-351875","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-bets","tag-growth","tag-interisland","tag-shipping","tag-visayas"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/351875","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/comments?post=351875"}],"version-history":[{"count":2,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/351875\/revisions"}],"predecessor-version":[{"id":351878,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/351875\/revisions\/351878"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media\/351876"}],"wp:attachment":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media?parent=351875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/categories?post=351875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/tags?post=351875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}