ASIAN Terminals, Inc. (ATI) almost doubled its net income for the first quarter of the year, thanks to the strong performance of its container…
The Latest
Instituting Customs Reforms
WE have just finished our national elections and the results are almost done. In less than two months, we will have new officials to…
Road connecting NLEX and SLEX proposed
THE Department of Public Works and Highways (DPWH) has received an unsolicited proposal to connect the North and South Luzon Expressways from Metro Pacific…
Cebu Pacific’s April passenger volume breaks record
CEBU Pacific (CEB) posted an all-time high passenger volume in April, boosting the budget airline’s hopes of flying 10 million passengers this year. Last…
ICTSI bags first US port deal
INTERNATIONAL Container Terminal Services, Inc. (ICTSI) last week signed a 25-year lease agreement with the Port of Portland, paving the way for the terminal…
Mindanao terminal sees 52% jump in box volume
THE Mindanao Container Terminal (MCT) saw its first-quarter container volume rise 52% to 37,940 twenty-foot equivalent units (TEUs) from 24,868 TEUs in the same…
Keppel Phils revenues down but income up in Q1
SHIPYARD operator Keppel Philippines Marine Inc (KPMI) posted a 16% drop in revenues to P495.7 million for the first quarter of the year compared…
ATI Batangas case dismissed
THE Regional Trial Court (RTC) of Batangas has dismissed a case filed by Asian Terminals, Inc-Batangas (ATI-B) involving RGB Gemini Services, Inc for the…
RP hosts AGC regional tournament
A total of 156 golfers from the Philippines, Singapore, Malaysia, Indonesia, Thailand, Hong Kong and Taiwan joined the recently concluded Aircargo Golf Club (AGC)…
March exports jump 43.7%
PHILIPPINE exports continued their ascent, with March receipts growing 43.7% to $4.176 billion from $2.907 billion posted in the same month last year, according…
Big North Harbor strike looms
LOCAL shipping lines are threatening to stage a strike simultaneous with another mass action planned by port workers currently undergoing mediation at the labor…
Selling Subic Bay to int’l carriers an uphill battle
DESPITE perks offered by the Subic Bay Metropolitan Authority (SBMA), Subic Bay will for now continue to play second fiddle to Manila ports. “Subic…
Nenaco eyes 4-7% volume hike for 2010
DOMESTIC shipping operator Negros Navigation Co (Nenaco) is taking a conservative approach and pegging volume growth forecasts for the year to between 4% and…
Shipping industry has high hopes for new government
THE local transportation industry is upbeat over the entry of a new administration, predicting high investor confidence especially if the final election results prove…
Local shipping lines nix lower freight rates at North Harbor
LOCAL shipping lines are not slashing freight rates at the North Harbor by 10% to reflect a similar percentage cut in port fees implemented…
ATS Q1 net income down to P142M
ABOITIZ Transport System (ATS) posted consolidated revenues of P3.1 billion for the first quarter of the year, up 10% from P2.9 billion in the…
Turn down SBMA request for poll ban exemption, Subic Bay cargo handlers ask Comelec
THREE of Subic Bay freeport’s biggest cargo-handling operators are asking the Commission on Elections (Comelec) to deny a Subic Bay Metropolitan Authority (SBMA) request…
Philharbor Ferries earmarks $79M for fleet modernization
PHILHARBOR Ferries and Port Services, Inc is allocating $79 million to buy 10 new roll on-roll off vessels starting this year. Philharbor president Christopher…
PPA forks out P2B for ports in ’09
THE Philippine Ports Authority (PPA) spent P2.15 billion in 2009 to construct and upgrade 16 ports nationwide. As of end-2009, 16 projects were fully…
13 more ports under Customs’ e2m by May 17
THE Bureau of Customs (BOC) is rolling out its electronic-to-mobile/import assessment system (e2m/IAS) in 13 ports starting May 17, 2010. Affected are the ports…
