Asia-Pacific airlines realized a hefty 4.9 percent growth in demand for November 2013 over the same month last year— more than doubling the 1.8…
Asian trade rebound bolsters regional air cargo movements
The Latest
DOF taps tariff classification experts to help Customs
CLASSIFICATION experts from the Philippine Tariff Commission will be detailed at the Bureau of Customs (BOC) to help the agency classify dutiable imports as…
BOC yields post-entry audit functions to new DOF unit
A NEW Philippine Department of Finance unit, the Financial Intelligence Unit (FIU), will assume the Bureau of Customs (BOC)’s post-entry audit functions. President Benigno…
Asian Terminals eyes Davao port, Asian region
Manila South Harbor operator Asian Terminals Inc. is keeping its eyes peeled for opportunities to manage other terminals. “We will certainly take a serious…
Cebu Pacific buys Tigerair Philippines for $15M
CEBU Pacific Air, the Philippines’ biggest low cost carrier, is acquiring 100% ownership of Tigerair Philippines, the local arm of Singapore-based Tiger Airways Holdings…
Hapag-Lloyd to cancel voyages during Chinese New Year celebration
German shipping line Hapag-Lloyd announced it will implement voyage cancellations on four of its Asia-U.S. network services during the Lunar New Year holiday. On…
Maersk sells shares in retail chains to focus on core assets
A.P. Moller-Maersk announced it was selling its majority stakes in two Danish retail chains under the Dansk Supermarked Group to Salling Companies t0 concentrate…
Singapore still world’s second busiest box port
Container throughput at the Port of Singapore hit 32.6 million 20-foot-equivalent units in 2013, a 2.9 percent increase from the 31.6 million TEUs posted…
PPA clarifies grant of wharfage exemptions for empty boxes
EMPTY containers used in domestic or foreign trade will not be charged import, export, or domestic wharfage provided that they are owned by the…
Arrastre charges apart from box handling fees at Batangas terminal
CARGO handling fees for empty containers at the Batangas Container Terminal (BCT) do not include charges for arrastre services, the Philippine Ports Authority (PPA)…
MOL to de-emphasize shipping, explore ‘new growth fields’
Japan’s Mitsui O.S.K. Lines (MOL) said it will focus this year on providing value-added services and diversifying into and investing in new fields of…
Shanghai trumps Singapore anew as world’s top box port
The port of Shanghai continued to be the world’s busiest container terminal in 2013, with throughput expanding 3.3 percent to a record 33.6 million…
Evergreen to lease 7 more big box ships
Taiwan’s Evergreen Line announced further plans to charter seven 14,000-TEU container vessels to replace its fleet of older, smaller, and less efficient ships. The…
PH private ports with expired leases can still operate
NON-COMMERCIAL private ports whose foreshore lease contracts (FLC) have expired after 50 years can still operate if they apply for an operating permit with…
PH port agency simplifies procedures for cargo clearances
TO simplify the process of securing permits and clearances for the entry and withdrawal of domestic and foreign cargoes, the Philippine Ports Authority (PPA)…
BOC to finally enforce order on detailed import description
AFTER being unenforced for seven years, a Customs Memorandum Order (CMO) that implements a Philippine Bureau of Customs (BOC) order requiring traders to make…
Airlines press for basing fuel surcharge on volume weight in PH
THE Philippine Civil Aeronautics Board (CAB) will hold a Jan 28 public hearing on the petition of several airlines to impose a cargo fuel…
PH ports record 3.4% cargo volume hike in Jan-Oct
CARGO throughput in Philippine ports rose 3.43% year-on-year to 168.98 million metric tons (mmt) in the first 10 months of the year, from 163.38…
A Good Start for 2014
Status of NAIA ACOS System The Bureau of Customs gateway server to NAIA ACOS system experienced a technical problem on the afternoon of December…
Metro Manila truck ban extended by another 6 months
THE modified uniform truck ban in Metro Manila has again been extended by the Metropolitan Manila Development Authority (MMDA) for another six months, or…
