PortCalls
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::Industry News::

Archives 2006 Q1: January | February | March | April

February 1 | February 6 | February 8 | February 13| February 15| February 20| February 22 | February 27


*Regional ports surpass customs collection targets

*Import shipment charges must be regulated, according to forwarders' group

*SBMA opens cruise passenger terminal

 

 

Regional ports surpass customs collection targets

FOUR of the country's regional ports topped the list of commercial gateways that posted the highest customs collection for the past year while Manila's domestic and international ports fell short of their respective collection targets. The Bureau of Customs (BoC) reported that the Port of Batangas ranked first with a P1.041 million surplus, mostly coming from duties on imported oil and motor vehicle. The port earlier targeted P21.9 billion but exceeded this with a P22.9 billion haul. Cagayan de Oro's port placed second with a P820 million surplus, exceeding by P2.4 billion its P1.6-billion target. Third is the Port of San Fernando in the province of La Union which posted a P101-million surplus with a total collection of P763 million against its P662 million target. The Port of Tacloban followed with a P51 million surplus. Two more ports in the southern Mindanao region belonged to the top list, including the Port of Davao that registered a P21 million excess collection and the Port of Surigao with P8 million. More busy ports, on the other hand, fell short of their target, the BOC said. The Manila International Container Port (MICP) dipped according to agency's records, with a P7.8 billion fall in collection. The MICP collected only P42.3 billion against its P50.1-billion target. The Port of Manila also experienced a shortfall of P2.99 billion. It collected P47.8 billion against its projected P50.75 billion. Ninoy Aquino International Airport fell P2.77 billion from its target, collecting only P12.8 billion. In all, BOC said six of the 15 top ports surpassed their respective collection targets, adding that the rest of the ports fell short of their target. It expects the P9.6-billion shortfall to be covered by tax expenditure funds.

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Import shipment charges must be regulated, according to forwarders' group

THE Alliance of Concerned Freight Forwarders, Inc. (ACFFO) is asking the national government to regulate charges levied on shippers, particularly charges for import shipments. "The government should regulate import-related charges being shouldered by importers rendering prices of imported goods high. Eventually, this additional cost will be passed on to end users," ACFFO acting chair and SpeedTrans International Inc. president Editha Mu–oz told PortCalls. She said ACFFO members, all wholly owned Filipino companies, are hurting since these charges, like those levied for LCL cargoes, are too high. "Warehousing charges are too high. The government should control these charges and peg it to a more realistic level in order to spur more cargo activity and attract more foreign investors," Mu–oz explained. She stressed that the high cost of doing business in the country has dampened foreign investor interest in the country. Last year, ACFFO said imports were down 20% due to soaring charges aggravated by the still-volatile economy of the country. This year, ACFFO is anticipating an increase in import volume but projects better activity in the export business. It sees a 20% to 30% increase in export volume shipments on the back of the country's handicraft business.

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SBMA opens cruise passenger terminal

THE Subic Bay Metropolitan Authority (SBMA) recently opened the Global Passenger Terminal, the first passenger ship terminal in the country, to accommodate international cruise ships traveling around the Asia-Pacific region. "This new manifestation of our march towards the fulfillment of the objectives of the SBMA is a remarkable achievement. This is our continued commitment to make Subic a maritime ingredient in world commerce," SBMA chair Feliciano Salonga said. Global Terminal and Development, Inc. (GTDI) has infused more than P160 million to transform the 18-hectare former military port facility into a one-stop cruise ship facility complemented with passenger and tourist parks, a warehouse, a grain storage facility and ship repair yard. "This passenger terminal is certainly long overdue. As early as 1993, when we first converted Subic from a military installation, we really saw the need of establishing a world-class passenger terminal," SBMA administrator Armand Arreza added. He said what SBMA really wants to see is for the Ship Repair Facility to become a world-class maritime facility catering to international passengers and cruise ships. "Investments like this signify the intent of the private sector to develop Subic into a world-class tourism establishment." The cruise terminal is part of the SBMA Port Development Plan, which aims to develop the full-range of passenger and cargo handling capability of Subic Bay Freeport and make it more competitive as a regional trade hub in Asia.

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