The International Chamber of Shipping (ICS) will urge the International Maritime Organization (IMO) to “adopt some dramatic CO2 reduction objectives—on behalf of the international…
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Updated version of WCO Data Model in the works
The World Customs Organization’s Data Model Projects Team (DMPT) met recently as part of its ongoing work to develop the next version of the…
AEO share in Vietnam’s 2016 I/E revenue reached $94B
Vietnam’s authorized economic operators (AEOs) contributed US$94 billion to the country’s aggregate import-export turnover in 2016, representing 26.8% of the overall figure of $350.74…
Optimism high for APAC freight forwarding market—survey
Higher ocean and air freight volumes are expected on key lanes to and from the Asia-Pacific (APAC) three months from now, particularly for the…
BOC revives plan to require pre-shipment inspection on containers
The Philippine Bureau of Customs (BOC) is again holding public consultations on extending the coverage of the load port survey (LPS) or pre-shipment inspection…
Now’s the time for ocean shippers to digitize, says INTTRA
Digitization is rapidly transforming the ocean container shipping industry, according to INTTRA, the world’s ocean shipping electronic marketplace. In a new whitepaper— Blueprint 2032:…
Unithai Shipyard to operate largest floating dock in Thailand
Unithai Shipyard and Engineering Limited is building the largest floating dock in Thailand. When complete, the dockyard will be 984-foot long and 170-foot wide…
PPA oversight body created to identify, resolve Manila North Harbor issues
The Philippine Ports Authority (PPA) has created an operations oversight committee to look into concerns of stakeholders using the Manila North Harbor and ensure…
BOC lays down rules for clearance of postal matters
The Philippine Bureau of Customs (BOC) has released rules on the clearance process for postal items, as prescribed under the Customs Modernization and Tariff…
Civil remedies for uncollected customs charges enshrined in proposed PH rule
The Philippine Department of Finance (DOF) and Bureau of Customs (BOC) have released draft guidelines for implementing civil remedies in collecting duties and taxes…
CMA CGM delivers $86M profit, brings APL to black
French shipping group CMA CGM registered a consolidated net income of US$86 million in the first quarter of 2017, a reversal from the $100…
Harbor Star logs flat income growth for Q1
Marine services provider Harbor Star Shipping Services, Inc. (HSSSI) reported a profit of P23.098 million in the first quarter of 2017, slightly lower by…
Cathay Pacific retrenches hundreds under restructuring plan
Hong Kong flag carrier Cathay Pacific Airways announced May 22 it will be making around 600 people redundant in its head office. “This is…
Asia-Pacific airlines sustained earnings growth in 2016
Regional airlines of Asia-Pacific posted US$6.9 billion in combined net earnings for the full year 2016, driven by healthy travel demand and an improved…
Revised PH Customs draft order prescribes rules for accrediting VASPs
A revised draft customs administrative order (CAO) covering the accreditation and regulation of information processors—also known as value-added service providers (VASPS)—has been released by…
Anti-Agricultural Smuggling Act IRR takes effect in June
The Philippine Bureau of Customs (BOC) has released the implementing rules and regulations (IRR) of the Anti-Agricultural Smuggling Act of 2016, which takes effect…
Special PH customs inspection team formed to fast track probe into undervalued shipments
The Philippine Bureau of Customs (BOC) has created a Special Inspection Team (SIT) to expedite examination of shipments alerted for undervaluation. The team was…
Chamber of Customs Brokers vows to cleanse ranks of errant members
The Philippine Bureau of Customs (BOC) is asking the Chamber of Customs Brokers, Inc. (CCBI) to police its own ranks to help in the…
IRR of Road Speed Limiter Act slated for release
The implementing rules and regulations (IRR) of the Road Speed Limiter Act of 2016, which mandates that speed limiters be placed on certain vehicles,…
Palau transport firm awards lighterage project to Harbor Star
Marine services provider Harbor Star Shipping Services, Inc. (HSSSI) has signed an agreement to be the exclusive provider of lighterage services to Palau Sea…