THE Department of Transportation and Communications (DOTC) recently completed the P41.211-million feeder port in Surigao del Norte. The Socorro Bucas feeder port services both…
February 22, 2010
2 minute read
ATI inks P250M credit facility with Metrobank
SIAN Terminals, Inc (ATI) last week signed a P250-million, five-year revolving credit facility with Metrobank. “The facility is intended as a standby fund to…
February 22, 2010
1 minute read
Penalties for P&I coverage violators kick in
THE Maritime Industry Authority (Marina) will start penalizing today (Feb 22) shipowners who are non-compliant with the mandatory Protection and Indemnity (P&I) insurance coverage…
February 22, 2010
1 minute read
Shipowners turn to Palace to stop Mar 1 strike
VESSEL operators are seeking President Gloria Macapagal-Arroyo’s intervention to avert a strike over what they call the Maritime Industry Authority’s (Marina) “punitive and costly”…
February 22, 2010
2 minute read
Visayas shipowners’ Mar 1 strike won’t cripple trade
THE Maritime Industry Authority (Marina) is confident a planned strike by Cebu-based shipping operators will not result in a trade bottleneck, claiming bigger operators…
February 17, 2010
2 minute read
Marina considers putting a stop to alterations on passenger ships
THE Maritime Industry Authority (Marina) is planning to ban alterations on second-hand imported vessels, particularly passenger ships. Marina administrator Ma. Elena Bautista said shipowners…
February 17, 2010
1 minute read
Aboitiz Transport buys 2 vessels
ABOITIZ Transport System (ATS), the country’s largest domestic shipping operator, has purchased two second-hand roro-passenger vessels from Japan worth $7.5 million each. The MV…
February 17, 2010
1 minute read
SC ruling on dual position ‘moot and academic’, says Marina chief
MOOT and academic. This was the comment of Ma. Elena Bautista to a Supreme Court (SC) decision declaring as unconstitutional her dual government posts:…
February 17, 2010
1 minute read
Dec exports jump 23.6%
PHILIPPINE exports posted double-digit growth in December, the first after almost a year of decline due to the global financial crisis. Latest data from…
February 15, 2010
2 minute read
RP shipments to Australia, NZ seen doubling with FTA
PHILIPPINE exports to Australia and New Zealand are expected to double this year following the recent effectivity of the Asean (Association of Southeast Asian…
February 15, 2010
2 minute read
PPA defers North Harbor turnover yet again
New operator not ready, says PPA GM THE Philippine Ports Authority (PPA) has indefinitely shelved the turnover of North Harbor to Manila North Harbor…
February 15, 2010
4 minute read
2 other Subic ports up for privatization by mid-year
THE Subic Bay Metropolitan Authority (SBMA) expects to privatize its two remaining ports within the first semester. SBMA seaport manager Capt. Perfecto Pascual said…
February 10, 2010
2 minute read
Intermodal transport plan for adoption this year
THE Department of Transportation and Communication (DOTC) is set to implement its intermodal transport plan next month. The document detailing project implementation has been…
February 10, 2010
1 minute read
Marina has no power over rate setting of int’l carriers
INTERNATIONAL shipping lines will likely continue to have a free hand when it comes to rate setting even after some functions of the Philippine…
February 10, 2010
1 minute read
Subic eyes 150% jump in container cargo by 2012
THE Subic Bay Metropolitan Authority (SBMA) expects cargo traffic to soar up to 150% by 2012, anchored on the expected increase in foreign investments…
February 8, 2010
2 minute read
Shipping lines guarded over business prospects
INTERNATIONAL carriers operating in the Philippines continue to take a cautious stance on business this year. Association of International Shipping Lines (AISL) president Patrick…
February 8, 2010
2 minute read
Tanker business still not on solid ground
BUSINESS will continue to be slow in 2010 but will be so much better than last year, according to the Philippine Petroleum Sea Transport…
February 3, 2010
1 minute read
Subic, Clark go for dual mode
THE electronic-to-mobile/import assessment system (e2m/IAS) set for adoption in Subic and Clark on February 16 will run alongside an old operating system at the…
February 3, 2010
2 minute read
Gordon: Hub and spoke is best for the Philippines
THE hub-and-spoke is the best scheme for the country’s shipping industry, according to Senator and presidential aspirant Richard Gordon. The hub-and-spoke model is a…
February 3, 2010
2 minute read
New surcharges to jack up shipping costs, say forwarders
FREIGHT forwarders are warning of higher logistics costs unless government can prevent some international carriers from implementing a host of new surcharges both for…
