Philippine importers and customs brokers may now pay equipment insurance to shipping lines electronically through a newly added feature in the Association of International Shipping Lines (AISL) GoFast system.

An online reservation for empty-container returns to depots, GoFast interconnects stakeholders directly involved in the activity, including shipping lines, truckers, customs brokers, and depots. GoFast transactions currently only cover shipments of participating shipping lines that go through Manila South Harbor and the Manila International Container Terminal (MICT).

In a letter addressed to importers and customs brokers, the AISL announced that equipment insurance may now be settled through the system.

Cargo Data Exchange Center (CDEC), which specializes in technology solutions for the trade, transport, and logistics sectors, was tapped to develop and implement GoFast.

AISL general manager Atty. Maximino Cruz, in a text message to PortCalls, said: “Payment online will eliminate the long queues and make the procedure more efficient. This is an initial step taken by AISL to automate all processes.”

In order to pay for equipment insurance, customs brokers or representatives currently have to make a trip to AISL offices in South Harbor and MICT.

Importers and customs brokers transacting at MICT also need not go to shipping line terminal offices to secure the webCRO (container release order) as the AISL GoFast system is already linked to the system of MICT operator International Container Terminal Services, Inc.

The online payment for equipment insurance is initially available for shipping lines already connected to GoFast. At the moment, not all AISL members are linked to the system while some are still in the process of implementing it.

Shipping lines will individually inform their clients once they are onboard GoFast, CDEC chief executive officer Leo Morada told PortCalls. Importers and customs brokers may also contact their shipping lines to check for updates.

To use the online payment, importers and customs brokers must secure GoFast account credentials, top up to fund the prepaid account, and print the AISL equipment insurance certificate. Clients may contact CDEC for support and training on how to use the system.

Morada clarified that AISL GoFast is not a value-added service provider system and its use is open to all customs brokers and their importers. – Roumina Pablo

Image courtesy of franky242 at FreeDigitalPhotos.net

You May Also Like

JICA offers to help Marina develop PH shipbuilding sector

The Japan International Cooperation Agency (JICA) is offering its technical know-how to the Maritime Industry Authority (Marina) to help boost the Philippines’ shipbuilding and…

BOC eyes MOA on pre-shipment inspection with China

The Bureau of Customs (BOC) intends to sign a bilateral agreement with its counterpart in China on implementing data exchange, including pre-shipment inspection (PSI),…

BOC issues revised draft order on customs bonded warehouses

Based on inputs from the public consultation on the first draft held last October, the Philippine Department of Finance (DOF) and Bureau of Customs…

Cebu ports post 4.3% rise in 9-month cargo volume

CARGO volume handled by the Southern Philippines’ Cebu ports in the first three quarters of the year improved 4.35% to 22.561 million kilograms from…