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Archive for April, 2017

Evergreen’s new KTP service makes maiden call at Subic

Evergreen’s new KTP service makes maiden call at Subic

Apr. 26 | At the presentation of Evergreen Marine’s Cape Fulmar maiden call certificate in Subic port (from left): Eduardo Sales, Evergreen Deputy Junior Vice President; Glenn A. Juezan,Cape Fulmar Chief Officer; Captain Dennis A. Manala, Cape Fulmar Vessel...

First Jakarta-LA direct sea cargo route launched

First Jakarta-LA direct sea cargo route launched

Apr. 26 | Indonesia’s main sea hub Tanjung Priok Port in North Jakarta has officially opened the first direct cargo route connecting Jakarta and Los Angeles in the U.S., as the country sets in motion plans to transform the port into a more competitive global...

No sail zone in Manila during ASEAN Summit

No sail zone in Manila during ASEAN Summit

Apr. 26 | The Philippine Coast Guard (PCG) is implementing a “no sail zone” policy in several Manila areas during the 30th Association of Southeast Asian Nations (ASEAN) Summit and Related Meetings, chaired by the Philippines, on April 26 to 29, 2017. In Notice...

PAL awaits delivery of 2 new B777s for US, UK operations

PAL awaits delivery of 2 new B777s for US, UK operations

Apr. 26 | Philippine Airlines (PAL) will be deploying two new Boeing 777–300 ER units on flights to London and to the U.S. once the airplanes are delivered in December this year. “The Boeing aircraft will serve the Manila-London route, a move designed to primarily...

£4.5B UK facility offered for PH infra

£4.5B UK facility offered for PH infra

Apr. 26 | The United Kingdom’s £4.5 billion (US$5.8 billion) export-import facility can be tapped by the Philippines as one of its financing options for its massive infrastructure program, according to UK Secretary of State for International Trade Liam Fox. “We...

BOC overshoots first-quarter target collection by 0.6%

BOC overshoots first-quarter target collection by 0.6%

Apr. 25 | The Philippine Bureau of Customs (BOC) collected P104.9 billion in revenue for the first quarter of the year, up 0.6% from its target of P104.28 billion. The latest figure was also 15.6% higher than its P90.752 billion actual collection (as of April 25)...

Chelsea Logistics eyes IPO

Chelsea Logistics eyes IPO

Apr. 25 | Philippine passenger and cargo carrier Chelsea Logistics Corporation plans to raise up to P8 billion through an initial public offering (IPO) in July to fund its expansion program. The shipping arm of diversified holding company Udenna Corp. said it filed...

ICTSI proposes construction of multi-billion peso overpass to MICT

ICTSI proposes construction of multi-billion peso overpass to MICT

Apr. 24 | Port operator International Container Terminal Services, Inc. (ICTSI) is improving access to and from its flagship operation, Manila International Container Terminal (MICT), with two road projects, including a multi-billion-peso overpass. ICTSI has submitted...

Importer registration process at BOC drafted

Importer registration process at BOC drafted

Apr. 24 | The draft order covering the process of importer registration at the Philippine Bureau of Customs (BOC) has been released. Position papers on the draft CAO, which will operationalize certain provisions of the Customs Modernization and Tariff Act (CMTA),...

P48.5B Cavite-Laguna road project OK’d, to open by 2020

P48.5B Cavite-Laguna road project OK’d, to open by 2020

Apr. 24 | The P48.5-billion Cavite-Laguna Expressway (CALAX) project has been approved by the Philippine Board of Investments (BOI). Scheduled to start commercial operations in July 2020, CALAX is one of the priority public-private partnership (PPP) infrastructure...
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