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::Industry News::

Archives | 2004 Q1 : October | Novemeber | December

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December 20
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*MARINA trust fund to provide bigger budget for shipping sector

*PPA opens bidding for Ozamis port project

*PPA-Calapan operations slow down in third quarter

MARINA trust fund to provide bigger budget for shipping sector

THE local shipping industry will no longer have to beg for a larger chunk of the country's budget allotment with the creation of a trust fund effected through the implementation of Republic Act No. 9295 or the Domestic Shipping Development Act of 2004.

The Maritime Industry Authority (MARINA) has established its own trust fund to organize its budget management and finance all expenses relating to the operations of the agency.

"The fund shall be used to cover operating expenses for plans, programs, projects and activities of the MARINA relative to the implementation/performance of its functions of licensing, supervision, regulation, inspection, approval and accreditation of domestic ship operators and promotion and development of the country's maritime industry," it said.

The fund will be sourced from fees collected from licensing, supervision, regulation, inspection, approval and accreditation of domestic shipping operators. The regulator said other sources include "collections resulting from the promotion and development of the country's maritime industry and collections that may be subsequently be prescribed by the MARINA Board for the rendition of service." A source from MARINA said a large bulk of the trust fund will come from the supervision fees, whose payment [for the period covering 2003] will lapse by end of the year.

MARINA said the collection of fees and charges and other funding sources will be separately recorded and directly deposited in the trust fund account in an authorized government depository bank.

"The interest income therefrom shall also accrue and be directly credited to the fund," it added.

The maritime agency said the fund will be considered "self-perpetuating" and self-liquidating. All expenditures incurred in relation to the operations and services will be charged against it.

Those who wish to avail of the fund may only do so if they transact with authorized government depository banks. And to ensure faster release of funds, no clearance or approval from other government agency will be required, MARINA said. The maritime agency also created the MARINA Trust Fund Management Committee to ensure proper administration of the fund. The committee is composed of representatives from MARINA, Philippine Interisland Shipping Association, Philippine Shippers Bureau and the Commission on Audit.

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PPA opens bidding for Ozamis port project

THE Philippine Ports Authority (PPA) recently opened the bidding for the port improvement project at the port of Ozamis in Mindanao. The port agency has already invited bidders and interested contractors to submit their application for eligibility to start the project immediately. Deadline for submission is January 3, 2004.

The P83.724-million port project includes reclamation, extension of reinforced concrete (RC) wharf and supply/installation of mooring and fendering system. PPA said it is expecting to complete the project within a year. The port of Ozamis is an RC general purpose pier, which caters to both foreign and domestic vessels. Domestic cargoes are mostly rice, corn, fish products, prawns, live animals, copra, coco lumber, animal feeds, consumer goods and general cargoes.

Its berthing facilities include two piers, an RC wharf measuring 135 meters by 18 meters and a roll-on/roll-off ramp. Last year, cargo throughput at the port of Ozamis went down 7.49% to 2.74 million metric tons (MT) from 2.96 million MT in 2002.

The port of Ozamis is one of the fastest growing port in the country, with an annual cargo volume of about 570,000 metric ton. About 2.5 million passengers use the port annually, making it one of the busiest ports in terms of passenger traffic in the country.

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PPA-Calapan operations slow down in third quarter

Activities at the port of Calapan slowed down during the third quarter of the year as the Philippine Ports Authority (PPA) Port Management Office (PMO) in the area posted a decline in port operation figures during the period. Latest data from the port agency showed total cargo throughput dropping 3% from July to September to 172,438 metric tons (MT) from 178,415 MT during the second quarter.

This was, however, an 18% improvement compared with cargo throughput in the first three months of the year, which was only 146,115 MT. During the third quarter, cargoes bound for Calapan dropped 2% to 91,234 MT compared with 92,731 MT handled during the previous quarter. Outgoing cargoes also fell 5% to 81,204 MT from 85,684 MT.

The PPA-PMO office said the decline was brought about by the thinning ship traffic in the area. From July to August, the agency recorded a 10% decline in total shipcalls to 3,075 from 3,398. The drop in shipcalls further resulted in lower passenger traffic, the port agency explained. Travelers passing through the port of Calapan went down 31% to 478,876 from 691,520. Disembarking passengers totaled 251,404, while embarking, 227,472.

The port of Calapan, which is part of the Port District Office of South Luzon, also reported a decline in volumes at the neighboring Roxas port. Total cargo throughput went down 22% to 24,367 MT from 31,261 MT in the second quarter. Inward and outward shipments both fell 23% and 22%, respectively.

The ports of Calapan and Roxas form part of the Western Seaboard link of the Strong Republic Nautical Highway, connecting Luzon to the rest of Visayas and Mindanao.

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Archives | 2004 Q1 : October | Novemeber | December

December 1 | December 6 | December 8 | December 13 | December 15 |

December 20
| December 22 | December 27 | December 29

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