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Posts tagged with "ports"

BOC beats H1 revenue target by 11.3% 

BOC beats H1 revenue target by 11.3% 

Aug. 19 | The Philippine Bureau of Customs (BOC) has exceeded its collection target for the first semester by 11.3%, posting more than P212.16 billion in duties and taxes from P190 billion year-on-year. Ten of 17 BOC ports topped their collection targets from...

ICTSI delivers 24% growth in income for first semester

ICTSI delivers 24% growth in income for first semester

Aug. 13 | International Container Terminal Services, Inc’s flagship, the Manila International Container Terminal. Photo courtesy of ICTSI. Port operator International Container Terminal Services, Inc. (ICTSI) reported a 24% increase in net income to US$115.117...

PH carriers pitch game plan for competitive domestic shipping sector

PH carriers pitch game plan for competitive domestic shipping sector

Jun. 18 | Philippine vessel docked at the Manila North Harbor. The Philippine Inter-Island Shipping Association (PISA) has identified strategies the government should undertake to support the association’s vision of a modern and competitive domestic shipping...

Special PH customs inspection team formed to fast track probe into undervalued shipments

Special PH customs inspection team formed to fast track probe into undervalued shipments

May. 21 | The Philippine Bureau of Customs (BOC) has created a Special Inspection Team (SIT) to expedite examination of shipments alerted for undervaluation. The team was created under Customs Special Order (CSO) No. 36-2017 signed by Customs Commissioner Nicanor...

Trump ‘biggest risk’ to trade: port magnate

Trump ‘biggest risk’ to trade: port magnate

Apr. 24 | US President Donald Trump, Jr. is today’s biggest risk to global trade, according to port and casino tycoon Enrique Razon, Jr. “Trump is the biggest issue, by far probably the only risk. Well, economic growth of course is always a risk, but Trump...

ICTSI, PSA inaugurate JV terminal in Colombia

ICTSI, PSA inaugurate JV terminal in Colombia

Mar. 20 | Colombian President Juan Manuel Santos with Puerto Aguadulce CEO Miguel Abisambra during the inauguration of the US$550-million Puerto Aguadulce. Photo from www.ictsi.com. Port operators International Container Terminal Services, Inc. (ICTSI) and PSA...

ICTSI net income up 207% in 2016

ICTSI net income up 207% in 2016

Mar. 15 | The increase in International Container Terminal Services, Inc revenues was due to, among others, improved trade activities at most of its Philippine terminals (in photo) resulting in volume growth. Photo courtesy of ICTSI. International Container Terminal...

High costs mar PH promise as transshipment hub

High costs mar PH promise as transshipment hub

Mar. 11 | MCC Transport, the intra-Asia arm of Danish shipping giant A.P. Moller-Maersk, still sees the Philippines as a potential transshipment hub in Asia, but notes some challenges standing in the way of realizing this. “I agree Manila will not be able to...

Batangas box terminal sees record volume in 2016

Batangas box terminal sees record volume in 2016

Mar. 6 | Batangas Container Terminal (BCT) ended 2016 with volume soaring to nearly 160,000 twenty-foot equivalent units (TEUs), its highest since starting commercial operations in 2010. The performance surpassed the previous record of over 130,000 TEUs in 2015...

10-year PH maritime roadmap for public presentation in April

10-year PH maritime roadmap for public presentation in April

Mar. 2 | Maritime Industry Authority administrator Dr Marcial Amaro speaks about his agency’s efforts to boost the Philippine ship registry at the recent Marlaw-PortCalls conference. The Maritime Industry Authority (Marina) will present to stakeholders in...
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