CAVITE, Laguna, Batangas, Rizal, Quezon (Calabarzon) shippers will have faster access to Batangas Port in two months with the expected opening of an arterial…
The Latest
Rules of Origin Under the Various FTAs
In our column last August 27, 2007, we provided an update on the latest duty concessions under the ASEAN Free Trade Area (AFTA) and…
Marina to Nenaco: Pay supervision fees pronto
THE Maritime Industry Authority (Marina) is demanding immediate payment of annual supervision fees (ASF) owed to it by debt-saddled shipping firm Negros Navigation (Nenaco).…
BOC adjusts collection target for last quarter
THE Bureau of Customs (BOC) has revised upward its collection target for the last three months of the year to make up for the…
ICTSI lands in Forbes list of Best Companies Under a Billion
INTERNATIONAL Container Terminal Services, Inc. (ICTSI) has been named by Forbes Asia magazine as among Asia Pacific’s top 200 companies in its 2007 Best…
Tanker operators, oil firms adopt wait-and-see attitude on Oil Pollution Act
TANKER operators and oil companies are holding off any action against Republic Act 9483 or the Oil Pollution Compensation Act until its implementing guidelines…
Customs eyes oil inventory system
THE Bureau of Customs (BOC) will establish an oil inventory system to monitor movement of oil in smuggling hotspots Subic, Batangas and Manila, a…
Imports up 4.1% from Jan to July
TOTAL Philippine imports for the first seven months of the year increased 4.1% to $30.355 billion from $29.160 billion, according to the National Statistics…
RP part of K-Line’s fleet expansion plans
JAPANESE carrier “K” Line is increasing its fleet by 67% in the next four years to accommodate increasing demand and provide more business for…
RA 9280 amendments hit snag at the Senate
THE refiling of amendments to Republic Act 9280 or the Customs Brokers Act of 2004 at the Senate has encountered a hitch. This after…
Latest Customs and Trade Updates
IN our previous columns, we have provided some of the latest developments in the customs and international trade front. Below is a summary of…
South Harbor, Manila Harbor Center land swap proposed
THE South Harbor and the Manila Harbor Center should switch places to maximize growth and port potential, decongest traffic as well as protect national…
Cebu Pacific lords over local aviation
BUDGET airline Cebu Pacific (CEB) is the domestic aviation market leader based on Civil Aeronautics Board (CAB) passenger data from January to June 2007.…
ATS gains P243M from sale of vessel
AFTER SuperFerry 16, Aboitiz Transport System (ATS) has sold another vessel from its SuperFerry fleet, a move seen to convert the firm into a…
RP ban on single-hull tankers transporting white oil studied
AFTER banning single-hulled tankers transporting black oil, the Maritime Industry Authority (Marina) now plans to phase out similar tankers carrying white oil to protect…
PPA to appeal SC ruling on Batangas land expropriation
THE Philippine Ports Authority (PPA) will appeal a Supreme Court (SC) decision ordering the agency to pay P11 billion to owners of expropriated land…
Advance manifest implementation nears with second VASP
THE Bureau of Customs (BOC) is set to accredit a second value-added service provider (VASP) in the next few days, the missing piece in…
FTAs: Tariff Reduction and Rules of Origin
IN addition to our regular updates on the ASEAN Free Trade Area (AFTA), we have also written several articles since last year on the…
ICTSI introduces RP’s first twin lift spreader
International Container Terminal Services, Inc. (ICTSI) recently installed new twin lift spreaders for three quay cranes (QC) at its flagship, Manila International Container Terminal…
Rule on truck impounding stays, says Customs chief
THE Bureau of Customs (BOC) shot down proposals of the Confederation of Truckers Association of the Philippines (CTAP) to immediately release trucks being investigated…
