ASIAN TERMINALS INC

Sep. 5 | ASIAN TERMINALS INC. (ATI) recently acquired two brand-new container handling equipment: a 40-ton Hyster toploader (photo below, left) and a 32-ton Hyster forklift (right). The modernization of equipment fleet is part of ATI’s program to further...

NEDA Board approves P25.6B projects

Sep. 5 | THE National Economic and Development Authority (NEDA) Board recently approved P25.6 billion worth of projects on social and support services, transportation, energy, water resources and lending. In a presentation before the NEDA Board, Socioeconomic...

RP-Taiwan economic corridor pushed

Sep. 5 | THE Manila Economic and Cultural Office (MECO) is pushing for the establishment of an RP-Taiwan economic corridor so that the Philippines can take a share in Taiwan’s booming economy. The proposed corridor will be from Subic and Clark in the Philippines...

DOTC to repair 21 airports

Sep. 5 | THE Philippine government will repair all 21 airports that flag carrier Philippine Airlines (PAL) said would have to be rehabilitated if it were to continue improving domestic operations from 2006-2011. The Department of Transportation and Communication...

Keppel sees strong international sales

Sep. 5 | SHIPYARD operator Keppel Philippines Marine, Inc. (KPMI) expects to have strong sales from the international market for the rest of the year. The international shipping market represented the bulk of KPMI’s revenues during the second quarter of...

ATI puts in motion new vessel performance scheme

Sep. 5 | ASIAN TERMINALS, INC. (ATI) at the start of the month implemented a new scheme designed to more effectively monitor vessel performance and productivity. The new system, Electronic Ship Working Log (e-SWL), is expected to avoid unnecessary billing disputes....

ATS to keep rates despite upswing in fuel prices

Sep. 5 | ABOITIZ TRANSPORT SYSTEM (ATS) will maintain its rates and try to hold off increases despite the upswing in fuel prices on the world market, said 2GO president Sabin Aboitiz. Fuel is nearly $70 per barrel (bbl) from $58/bbl in the last two months. As...

PAL seeks surcharge, higher cargo rates

Sep. 5 | THE cost of fuel in the world market has prompted flag carrier Philippine Airlines (PAL) to seek its third fuel surcharge in three months, documents from the Civil Aeronautics Board (CAB) showed. PAL wants to impose higher fuel surcharges on passenger...