Contract bidding, including for Davao-Sasa, under new PPA rules begins 2018
The Philippine Ports Authority (PPA) will start the bidding for port concessions, including that for Davao-Sasa port, next year, as the agency rolls out…
More PH carriers sign up with online empty-container returns system
More shipping lines operating in the Philippines are now connected to GoFast, the web-based system of the Association of International Shipping Lines (AISL) that…
ICTSI income up 11% in first three quarters, but down 9% in Q3
International Container Terminal Services, Inc. (ICTSI) reported an 11% increase in net income to US$168.1 million in the first nine months of 2017, up…
International Container Terminal Services, Inc. (ICTSI) has signed two 25-year concession agreements to operate, manage, and develop the international ports of Motukea and Lae…
The Philippine Bureau of Customs (BOC) has exceeded its collection target for the first semester by 11.3%, posting more than P212.16 billion in duties…
ICTSI delivers 24% growth in income for first semester
Port operator International Container Terminal Services, Inc. (ICTSI) reported a 24% increase in net income to US$115.117 million in the first half of 2017,…
PH carriers pitch game plan for competitive domestic shipping sector
The Philippine Inter-Island Shipping Association (PISA) has identified strategies the government should undertake to support the association’s vision of a modern and competitive domestic…
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…
Port operators International Container Terminal Services, Inc. (ICTSI) and PSA International (PSA) have formally opened the US$550-million Puerto Aguadulce, their joint venture terminal in…
International Container Terminal Services, Inc. (ICTSI) reported a 207% increase in 2016 net income attributable to equity holders to $180 million from $58.5 million…
MCC Transport, the intra-Asia arm of Danish shipping giant A.P. Moller-Maersk, still sees the Philippines as a potential transshipment hub in Asia, but notes…
Batangas Container Terminal (BCT) ended 2016 with volume soaring to nearly 160,000 twenty-foot equivalent units (TEUs), its highest since starting commercial operations in 2010.…
10-year PH maritime roadmap for public presentation in April
The Maritime Industry Authority (Marina) will present to stakeholders in April the 10-year Philippine maritime roadmap the agency is crafting as a key measure…
PPA amends holdover period for lapsed cargo-handling contracts
The Philippine Ports Authority (PPA) has revised in a newly issued administrative order the terms for the holdover period for expiring cargo-handling contracts. PPA…
The Philippine Bureau of Customs (BOC) surpassed its January collection target of P35.509 billion by 0.66%, taking in P35.745 billion, according to a preliminary…
$23B infra projects proposed to improve BIMP-EAGA links
Implementing a total of US$23 billion worth of priority infrastructure projects that are designed to strengthen connectivity between Brunei, Indonesia, Malaysia, and the Philippines…
Draft order dictates rules for granting PH port concessions
Stakeholders have until January 10 to submit their position papers on the draft memorandum circular (MC) that provides the implementing guidelines for the new…
