PortCalls
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::Industry News::


Archives 2007 : Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec

November 5 | November 7 | November 12 | November 14 | November 19 | November 21

November 26 | November 28

* CCBI pushes use of SAD, elimination of IEIRD form

* Lorenzo Shipping shoots for LCL market, unveils new containership

* DHL targets 30% growth in express volume

* Cebu Pacific to add direct flights from Davao to HK, S'pore


CCBI pushes use of SAD, elimination of IEIRD form

THE Chamber of Customs Brokers, Inc (CCBI) is pushing for the abolition of the IEIRD (Import Entry and Internal Revenue Declaration) form and the immediate use of the Single Administrative Document (SAD) to facilitate trade and effect cost reduction.
CCBI vice president Roberta Riga told PortCalls CCBI is lobbying for the use of SAD to prevent double handling of data, in the process reducing clerical errors in typing entries in the IEIRD form.
The SAD will also facilitate payment of duties and taxes as it may be lodged electronically prior to such payment. The procedure eliminates the additional step in a second payment of duties and taxes after assessment.
In addition, Riga said the use of the SAD will mean a 100% increase in the number of entries filed while realizing a 50% cut in cost.
“The use of the SAD should be implemented immediately as it will facilitate trade and boost the objective of automation,” she explained.
At least one BOC-accredited value-added service provider has been vocal about the use of the SAD and the abolition of the IEIRD form.
InterCommerce Network Service president Francis Lopez said the continued use of the IEIRD form in customs entries defeats the purpose of automation since it involves filing two types of documents.
BOC said it will eventually migrate to SAD after resolution of some legal issues and the adoption of some changes.
The country’s 52-item SAD is presently being used in the Philippine-Thailand Single-Window Transaction. The number of items in the SAD will have to be reduced to the required number (48) before its usage in the local system, the BOC said.

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Lorenzo Shipping shoots for LCL market, unveils new containership

LORENZO Shipping Corp (LSC) yesterday (Nov. 13) unveiled its new flagship, the containership MV Lorcon Manila, signaling its expansion into the less than-container load (LCL) business.
“We are putting emphasis on LCL to increase revenues and volume as part of our strategy to modernize our fleet and effect efficiencies in operations,” said LSC officer-in-charge Roberto Umali, in an interview.
He said the introduction of Lorcon Manila, acquired in June 1 for $8.3 million, will allow the company to accommodate more high-end LCL cargoes.
The newer and faster vessel will replace Lorcon Mindanao at the start of next year. She will service the Manila-Cebu-Cagayan de Oro-Manila route.
Lorcon Mindanao will be put on sale for $2 million.
The company is eyeing the acquisition of two more vessels in the next two years to replace two 30-year-old vessels.
LSC, 52.6% owned by National Marine Corp., a company in turn owned by the Magsaysay Group, operates a fleet of seven vessels with capacities of 197 TEUs to 400 TEUs. Speeds range from 11 knots to 15 knots.
The other vessels are the MV Lorcon Cagayan de Oro, MV Lorcon Davao, MV Lorcon Visayas, MV Lorcon Cebu, MV Lorcon Luzon, and MV Lorcon Mindanao.
The LSC network comprises branches in Cebu, Davao, General Santos, Cotabato, Iloilo, Cagayan and agencies in Zamboanga, Dumaguete, and Bacolod.
LSC sees better business starting this year propelled by activity in the international market which it expects to spill over to the domestic trade. This has prompted the company to invest in refleeting and acquisition of cargo-handling facility.
LSC is also set to review its service routes for better capacity allocation.

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DHL targets 30% growth in express volume

DHL Express sees air express cargo volume soaring 30% annually, partly helped along by a newly opened Subic Service Center.
“Subic and Clark have all the potentials. Subic could be a perfect seaport and Clark... a perfect airport to support all our operations,” DHL country manager Lawrence Llamzon said during last Monday’s formal launch of the service center, its eighth in the country.
“With our aggressive marketing targets, we expect to triple the 8-10% annual growth of air express cargo in its (Subic center’s) first year of operations or roughly about 30% volume growth annually. (This) will cement the grip of DHL Philippine operations as one of the growth engines of DHL in the Asia-Pacific,” Llamzon said.
“North Luzon contributes only about 10% of our total revenues. With the introduction of the new facility in Subic, we expect to increase contribution to about a quarter of our total revenues in the next two to three years,” he added.
The 945-square meter Subic service center is equipped with cutting-edge handling equipment that includes tracking devices, package sorting and distribution, access control and surveillance systems to ensure efficient express delivery solutions.
It also has a separate warehouse to accommodate requirements of existing and potential clients in the area.
Volumes are expected to come from the area’s manu-facturing industries, semiconductor companies, importers, exporters and private individuals with offices in Subic, Clark and Bataan and other adjacent areas.
DHL has injected about P30 million to develop its Subic and Clark facilities but expressed readiness to infuse more to further accommodate larger traffic and compete with other express firms in the ecozone.
Northern Luzon has been a consistent growth engine for DHL in the last several years, Llamzon said.
In the future, DHL expects to benefit from the near completion of the Subic-Clark-Tarlac Expressway, the construction of the Northrail system, and the government dream to develop Subic and Clark as logistics hubs.
DHL is presently taking a beating from a slowdown in semiconductor and electronics exports — which comprise 75% of the company’s entire traffic — as a result of the strong peso and a downturn in the US economy.
DHL estimated that air cargo volumes are down 6% compared to last year. The company, however, expects more activity in the runup to Christmas, possibly enough to bring targets in line for the year, it said.
For 2008, DHL anticipates another challenging year with high fuel prices and continuing sluggishness in the export sector.

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Cebu Pacific to add direct flights from Davao to HK, S'pore

BUDGET airline Cebu Pacific (CEB) is expanding its operations by making Davao its third hub after Manila and Cebu starting May next year.
“This third hub is in preparation for a more expansive inter-island connectivity as we acquire more aircraft. We are initially dedicating a 150-seater A319 aircraft to operate from this hub,” said Lance Gokongwei, CEB president and chief executive officer.
CEB will initially offer direct international services from Davao to Hong Kong and Singapore and a direct domestic service to Iloilo, making it the only Philippine airline to operate such services.
Both direct services from Davao to Singapore and Iloilo will commence on May 8, 2008 while the service to Hong Kong will start on May 9, 2008, the company said.
CEB also confirmed it will pursue a fourth operational hub in Clark as soon as all necessary government approvals to operate to Bangkok, Macau, Taipei, Hong Kong and Singapore are granted.

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Archives 2007 : Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec

November 5 | November 7 | November 12 | November 14 | November 19 | November 21

November 26 | November 28