The International Chamber of Shipping (ICS) has published the latest version of its annual Flag State Performance Table. The table indicates the performance of…
ICS publishes latest flag state performance table
The Latest
Bangladesh waives VAT for ship imports of over 5,000 DWT
The Bangladesh government has exempted the import of ships of more than 5,000 dead weight tonnage (DWT) from the payment of value added tax…
BOC releases requirements for accreditation of customs brokers
The Philippine Bureau of Customs (BOC) has finalized requirements for the accreditation of customs brokers. The list joins an earlier one for importers.…
Alberto elected first president of merged PH association of freight forwarders
Marilyn Alberto has been elected president of the newly established Philippine Multimodal Transportation and Logistics Association, Inc. (PMTLAI), which merged two previous associations –the…
BOC hosts WCO Sub-Regional Train-the-Trainers Workshop on Programme Global Shield
The Philippine Bureau of Customs (BOC) co-hosted the World Customs Organization (WCO) Sub-Regional Train-the-Trainers Workshop on Programme Global Shield (PGS) that started on March…
DOTR rejects Miascor request for reconsideration of terminated contract
The Philippine Department of Transportation (DOTr) has denied the appeal of Miascor Ground Handling Corporation to reconsider the termination of its contract as ground-handling…
Bohol port cargo handler to raise tariff by 8%
The Philippine Ports Authority (PPA) has approved an 8% increase in cargo-handling tariff at the Port of Tagbilaran, Bohol. In Memorandum Circular (MC) No.…
LBC purchases US-based cargo and remittance firms
The Philippines’ LBC Express Holdings, Inc. (LBCEHI) has acquired four cargo and remittance companies operating in the United States for US$8.55 million. In a…
PPA to remit record-breaking dividend of P3B for 2017
The Philippine Ports Authority (PPA) is set to remit more than P3 billion in dividend for 2017, its highest contribution to the national coffers…
NEDA ICC-CabCom okays 10 bridge projects
The National Economic and Development Authority (NEDA) Board’s Investment Coordination Committee-Cabinet Committee (ICC-CabCom) has approved the construction of 10 priority bridges seen to improve…
BOC installs 4 new district collectors
The Philippine Bureau of Customs (BOC) has assigned four BOC officials to their new postings as district collectors as part of the agency’s major…
CMA CGM swings to profit on strong volume growth, higher freight rates
The CMA CGM group reverted to profit in 2017 following a loss the preceding year, driven by robust growth in container volumes, increase in…
Cathay Pacific sustains first back-to-back loss in 7 decades
The Cathay Pacific group reported that its net loss more than doubled to HKD1.26 billion (US$160.53 million) in 2017 from a loss of HKD575…
PH ports’ total cargo throughput up 4% in 2017
Cargo volume handled by Philippine ports in 2017 grew 4.23% to 254.069 million metric tons (mmt) from 243.758 mmt in 2016 following growth in…
Doc stamp tax for Marina certificates raised to P30
The Maritime Industry Authority (Marina) is now implementing the new rate of the documentary stamp tax it issues for certificates and documents following the…
PH lauded for submitting aviation CO2 reduction plan
The International Civil Aviation Organization (ICAO) has commended the Philippines for submitting its State Action Plan on CO2 (carbon dioxide) Emissions Reduction for International…
PPA contract to draft feasibility studies for regional ports awarded
The Philippine Ports Authority (PPA) has awarded the joint venture of Science and Vision for Technology, Inc. (SVTI) and SyConsult, Inc. the contract for…
Speedy improvements in Zamboanga airport ordered
Philippine Transportation Secretary Arthur Tugade has ordered immediate improvements made to the equipment and terminal facility of Zamboanga International Airport (ZIA) after being dismayed…
1.5 km more of Laguna Lake Highway opened to motorists
The Laguna Lake Highway project now has a total of 6 kilometers along its eastbound portion from ML Quezon Avenue to Napindan Bridge in…
New BOC IT chief identifies priorities to modernize systems
Noel Patrick Prudente, the new deputy commissioner of the Management Information Systems and Technology Group (MISTG) of the Philippine Bureau of Customs (BOC), said…
