BUDGET carrier Cebu Pacific (CEB) is sinking in about $1 billion in the next four years to further prop up its fleet. This year…
The Latest
PH's Nov export receipts up 11.2%
PHILIPPINE exports continued to rise in November but at a slower pace compared to previous months. November shipments grew 11.2% to $4.136 billion from…
International airlines eye increase in fuel surcharge
AFTER local shipping line operators, it is now the turn of international airlines to seek a hike in their fuel surcharge. Last week, Singapore…
Shipping lines open to congestion surcharge talks under proper forum
INTERNATIONAL carriers are open to discussing the issue of the port congestion surcharge in a "consultative meeting". PortCalls on Monday reported that shipping line…
Hike overstaying cargo fee to lick congestion – ATI, ICTSI
MANILA International Container Terminal (MICT) operator International Container Terminal Services, Inc (ICTSI) and South Harbor operator Asian Terminals, Inc (ATI) are recommending to the…
Truckers approve 20% hike in rate
MEMBERS of the Confederation of Truckers Association of the Philippines (CTAP) have approved the proposed 20% increase in trucking rates to offset recent hikes…
No penalties yet for EU customs rules violations
THE European Commission (EC) has suspended the collection of penalties on shippers non-compliant with the European Union's new import control system (ICS). EU-member states…
Solid Shipping: 2011 offers bright prospects
LOCAL cargo carrier Solid Shipping Lines (SSL) expects a rosy 2011 after a strong finish to last year. "We can say that our 2011…
POM sails past 2011 collection goal
THE Port of Manila (POM) surpassed its 2011 collection target, registering a P3.52-billion surplus, up 7% over its P50.2-billion target. Cash collections accounted for…
Nenaco eyes remaining shares of Aboitiz
LOCAL shipping operator Negros Navigation Co (Nenaco) plans to acquire the remaining shareholdings of the Aboitiz Group in Aboitiz Transport System (ATS). Following the…
BOC revs up anti-smuggling campaign with five cases
THE Bureau of Customs (BOC) last week filed five smuggling cases before the Department of Justice (DOJ). Customs commissioner Angelito Alvarez said the bureau's…
Customs issues clearance rules for IFM amendments
THE Bureau of Customs recently issued an order requiring clearance by the Office of the Commissioner (OCOM) for "substantive" amendments to the inward foreign…
E-lodgement of export docs confusing industry
SOME industry groups have scored the confusing language in customs memorandum orders (CMO) related to the implementation of the electronic lodgment for export declarations.…
Full adoption of anti-overloading law set in Feb
THE Department of Public Works and Highways (DPWH) has pushed back implementation of Republic Act 8794, also known as the Anti-Overloading Law, to February…
Port congestion still heavy but projects seen to help lick problem
MANILA International Container Terminal (MICT) operator International Container Terminal Services, Inc (ICTSI) and South Harbor Asian Terminals, Inc (ATI) are proceeding with investments this…
BOC puts together big boys’ club of importers
THE Bureau of Customs (BOC) recently formed a “big boys’ club” in its bid to reward importers adhering to ethical business practices and to…
BOC’s Dec take to miss goal by P4B
THE Bureau of Customs (BOC) will likely miss its December collection target by about P4 billion. As of December 28, 2011, the agency booked…
International freight, passenger volumes up in Nov
INTERNATIONAL Air Transport Association (IATA) and Association of Asia Pacific Airlines (AAPA) carriers both saw freight and passenger volumes grow in November but at…
ICTSI Georgia signs deal with MSC
Batumi International Container Terminal (BICT), ICTSI’s terminal in Batumi, Georgia recently signed a new Terminal Services Agreement (TSA) on tariffs and streamlined terms of…
Negros purchase of ATS completed
NEGROS Navigation Co (Nenaco) has completed its acquisition of the country’s largest shipping firm, Aboitiz Transport System (ATS). Nenaco and ATS completed the sale…
