INTERNATIONAL shipping lines will likely continue to have a free hand when it comes to rate setting even after some functions of the Philippine Shippers’ Bureau (PSB) are transferred to the Maritime Industry Authority (Marina).

Marina administrator Ma Elena Bautista yesterday admitted Marina is not empowered to regulate charges – warranted or not – billed by shipping lines.

“The President already has the draft executive order (EO) transferring (the PSB’s) accreditation functions over freight forwarders and oversight functions over international shipping lines (to the Marina),” Bautista said in a roundtable discussion with the maritime press.

PSB currently supervises and oversees international shipping lines through their ship agents, representatives and local branches.

“However, (the EO) is taking time due to the strong clamor of carriers to delete any provision hampering the free rate-setting mechanisms of shipping lines,” Bautista added.

“The transfer should have been completed a long time ago if not for the said issue.”

Under the proposed EO, only the freight component charged by international lines within local ports may likely be monitored by Marina.

 

 

 

 

 

 

You May Also Like

BWM Convention in force; Jamaica and Malta latest signatories

The International Maritime Organization announced that Jamaica and Malta have become the latest states to sign up to IMO’s Ballast Water Management Convention, which…

Shipping could reach tipping point by second half, Drewry warns

The container shipping industry may be forced to make drastic changes by the second semester of 2016 as all its strategies to bolster freight…

PH Customs staff recall leads to shipment processing freeze

PHILIPPINE customs services are said to be breaking down, with reports of export and import shipments being frozen amid confusion and staff protest resulting…

Box freight rates soar to highest level in nearly 2 years

Spot container freight rates on the major East-West routes reached a 20-month high in the first week of January and have risen above the…