Manila North Harbor cargo-handling tariff up 8% from Jan 19
The Philippine Ports Authority (PPA) has granted an 8% increase in cargo handling tariff at the Manila North Harbor, the country’s main domestic port,…
Cut storage rates for overstaying boxes, PH government urged
The Philippine government should review its policy on increased storage rates for overstaying foreign inbound containers because it has led to increasing overall logistics…
15 infra programs key to PH connectivity to rest of ASEAN — WB
The World Bank pinpointed 15 infrastructure projects worth P495.84 billion under the government’s public-private partnership (PPP) scheme that it said are essential for the…
EDC eyes PH regulatory body to ensure fair shipping charges
The public-private Export Development Council (EDC) is pushing for the establishment of a Philippine regulatory body that will ensure shipping lines charge fair prices,…
BIR eases accreditation burden of importers, customs brokers
The Bureau of Internal Revenue (BIR) has trimmed the documentary requirements of importers and customs brokers who have transactions at the Bureau of Customs…
Maersk Line opens Subic weekly service as congestion continues to plague Manila
Maersk Line, the container shipping arm of oil and shipping giant A.P. Moller–Maersk Group, has started calling at Subic port to provide an alternative…
Subic box throughput jumps 106% to surpass 2014 target
Container volume handled at Subic port surged 104.6% to 76,652 twenty-foot equivalent units (TEUs) from January to December 2014 from 37,469 TEUs for the…
BIR requires importers, brokers to use eFPS to pay their taxes
Starting January 1, importers and customs brokers accredited by the Bureau of Internal Revenue (BIR) are required to use the agency’s Electronic Filing and…
DOTC preps list of infrastructure initiatives as Aquino admin winds down
The Philippine government is drawing up a list of “game-changing” infrastructure projects over the next 18 months aimed at reducing the country’s transportation woes,…
ICTSI sets aside $73M as extra fund for expansion programs in 2015
International Container Terminal Services, Inc. (ICTSI) will be appropriating US$73 million of its retained earnings for use as additional working capital in its domestic…
Nearly 50% of transport firms provide logistics support services — PH census
A total of 2,327 establishments were engaged in transport and storage in 2012, according to the recently released “Census of Philippine Business and Industry”…
DTI agency cracks down on shady freight forwarders, consolidators
The Department of Trade and Industry-Fair Trade Enforcement Bureau (DTI-FTEB) has filed formal complaints against a number of sea freight forwarders for operating without…
2015 could produce higher profit for more box shipping lines
Despite record vessel deliveries, the container shipping industry is expected to improve its bottom line this year on account of lower unit costs, according…
OOCL’s latest 8,888-TEU ship to sail on transpac loop
Hong Kong-listed Orient Overseas Container Line (OOCL) christened its newest 8,888-TEU newbuilding at a naming ceremony held on Changxing Island in Shanghai yesterday. Named…