PortCalls
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5th Philippine Ports and Shipping 2009

::Industry News::

Archives 2004 : Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec

March 31 | March 29 | March 24 | March 22 | March 17
March 15 | March 10 | March 8 | March 3 | March 1

 

     *Shipping lines to suspend container deposit fee

     *BOC sets new rules for reefer cargo exam

     *ICTSI announces management changes

     *Luzon ports now equipped with shore reception facilities

     *ATI secures P500m loan for port development

 

Shipping lines to suspend container deposit fee

MEMBERS of the Association of International Shipping Lines (AISL) will soon suspend container deposit fees charged against local shippers, consignees or importers. The elimination of the fee will only cover shippers with no outstanding balance or liabilities from shipping lines, said Maritime Industry Authority (MARINA) administrator Oscar M. Sevilla.

Sevilla said the decision - reached following discussions among the Port Users Confederation, MARINA and some AISL representatives - is in reaction to shippers' constant complaints of having to pay various charges, including the controversial terminal handling charge, which they feel are unjustified. One shipper said the charges contribute to high freight rates, making Philippine exports uncompetitive.

For now, only AISL member lines have confirmed suspension of the container deposit charges. "We have no idea if non members would follow suit," Sevilla said. Shipping lines charge importers and consignees a container deposit fee to ensure the proper use and handling of equipment. "The container deposit was originally charged as a preventive measure for delinquent importers and to encourage timely return of empty containers of shipping lines," a source from a major transpacific carrier explained. According to him, the scheme was first implemented by member lines of the Transpacific Westbound Rate Agreement.

A number of importers have uncollected amounts due to the equipment detention monitoring and collection service. The service monitors shippers and consignees who have exceeded the allowable free time container use. Upon return of empty containers, the shippers receive a certain amount depending on how long the equipment stayed in their possession and what is left of their deposit fees.

The container deposit is approximately P5,000 per container. "But shipping lines give a 20% discount to big importers since the total figure can balloon to a tremendous amount," he said.

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BOC sets new rules for reefer cargo exam

THE Bureau of Customs (BOC) recently reintroduced a new set of guidelines covering examination of refrigerated containers to prevent misdeclaration and other types of fraud while within the Bureau's premises.

The BOC said all reefer shipments, whether for consumption, warehousing or domestic transshipment, must be subject to its inspection. Exemptions may be permitted when import shipments are destined for Philippine Economic Zone Authority (PEZA)-registered ecozones and duly covered by an import permit issued by PEZA; import shipments are destined for semiconductor industries/members of the Semiconductor and Electronics Industries in the Philippines, Inc. (SEIPI); and shipments contain temperature-sensitive and non-agricultural products such as paints, organic peroxides and other chemicals.

Under the new inspection guidelines, refrigerated shipments involving fresh and frozen meat/poultry, vegetables and other equivalent products must undergo a one-time examination to prevent delays. This, BOC noted, must be conducted jointly with concerned agencies including the Bureau of Animal Industry, National Meat Inspection Commission and the Bureau of Plant Industry. To protect reefer shipments from deterioration or contaminating other shipments within the area, a 100% examination should be conducted at a cold storage facility or at a location suitable for the purpose.

The BOC said the examination must be conducted during regular office hours. Otherwise, the Bureau will charge importers overtime fees at applicable rates under existing regulations. - Maritess R. Mesias

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ICTSI announces management changes

INTERNATIONAL Container Terminal Services, Inc. (ICTSI) has announced a number of changes in its senior management team.

Martin L. O'Neil has been appointed Senior Financial Advisor to ICTSI and Chief Financial Officer of ICTSI Ltd., assuming the responsibilities formerly held by Noel M. Mirasol, who is retiring. Mirasol will continue to have an involvement with the company in a consultancy capacity. O'Neil was formerly a Managing Director of JP Morgan & Co., an international investment banking firm, where he was active in a wide range of financing and advisory activities in New York, Hong Kong and London. He was also a Director of JP Morgan Capital Corp., the company's private equity investment arm, and in this capacity, was previously involved with ICTSI.

Jorge A. Cano, Senior Vice President of ICTSI Ltd., who had overall responsibility for ICTSI's activities in the Americas, in also to retire. ICTSI added to its portfolio of international terminal properties in 2003 with the acquisition of the Baltic Container Terminal in Gdynia, Poland via a government privatization program. It is now implementing a multi-million dollar investment program at this key gateway port facility.

In 2003, ICTSI was awarded the Best Port Deal of the Year award by Transport Finance Magazine, and was identified by Forbes Magazine as one of the world's 200 "Best Under a Billion," emerging growth companies. "ICTSI wishes to express its thanks to all the team members who have assisted us to progress so far," said Enrique K. Razon Jr., ICTSI chairman. "For the future, we are confident that we will continue to develop at home and overseas, and that the injection of new expertise will play a valuable part in consolidating and expanding our activities in both spheres."

ICTSI is one of the pioneers of container terminal management and operation on an international basis. ICTSI is widely acknowledged to be a leading developer in this sector, specializing in container terminals in the 50,000 TEU to 1.5 million TEU range, and maintaining an international management team with unrivalled expertise in this arena.

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Luzon ports now equipped with shore reception facilities

ALL Luzon ports are now equipped with shore reception facilities (SRF), said an official from Golden Dragon International Terminals, Inc. Golden Dragon manages and operates the SRF through a 15-year contract with the Philippine Ports Authority (PPA).

A requirement under the International Maritime Organization's Maritime Pollution (MARPOL) rules, the SRF collects waste deposits of shipping lines upon their entry into ports. Golden Dragon general manager Robert Odiamar said among the ports with SRF are the North Harbor, the Manila International Container Terminal, Batangas, Legaspi, Limay and Puerto Princesa.

Last March 1, the contractor unveiled an SRF in Davao. Today, it will unveil one in Iloilo and by mid-April in General Santos City. Before installing the facility, the company conducts a series of seminars among port users, shipping lines and liner agents in the area to inform them of the advantages and other concerns about the SRF, Odiamar said. The SRF will be established in 21 ports all over the country, including Cagayan de Oro, Cotabato, Dumaguete, Iligan, Nasipit, Ozamis, Pulupandan, San Fernando, Surigao, Tacloban, Tagbilaran and Zamboanga. Odiamar noted the company has already shelled out "mammoth investments" on the project. "We are positive we will be able to recoup these investments in the next few years.

Also, it is important that our waters are protected from pollution and we are complying with the guidelines prescribed in the MARPOL," he said.

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ATI secures P500m loan for port development

ASIAN TERMINALS INC. (ATI) recently signed an agreement with the Hongkong Shanghai Banking Corporation Ltd. (HSBC) for the grant of a five-year fixed and floating rate peso-denominated loan amounting to P500 million.

ATI said the fresh capital will be used to finance the South Harbor modernization program, which covers the rehabilitation of piers, expansion of container yard space and acquisition of new equipment and technology. Among the four major international ports where ATI operates, the South Harbor at the Port of Manila continues to be the major driver of the business.

In 2003, the port handled over 650,000 twenty-foot equivalent units (TEU), a 7% improvement from the previous year and above the government's projection of a 6.5% growth. ATI said the company continues to perceive strong growths in its flagship terminal and also in the port of Batangas mainly due to the increasing shift to containerized trade and new accounts.

The port operator said the South Harbor Domestic Terminal upon improvement is yet to contribute more as a revenue source having started full operation only in September last year.

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Archives 2004 : Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec

March 31 | March 29 | March 24 | March 22 | March 17
March 15 | March 10 | March 8 | March 3 | March 1

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