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Archive for February, 2008

GCCI tempers air cargo growth expectations

GCCI tempers air cargo growth expectations

Feb. 27 | THE Global Cargo Council, Inc (GCCI) has cut its growth projections for 2008, from a high double-digit to low double-digit growth due to a slowdown in the US economy and stiff competition among Asian carriers for regional markets. “We predict a 10-12%...

Valuation system corrected for higher revenue take

Valuation system corrected for higher revenue take

Feb. 27 | THE correction in the Bureau of Customs’ (BOC) valuation database system has resulted in increased values for about 3,000 shipments amounting to higher collections of more than P17 million for the bureau, according to Customs commissioner Napoleon Morales. Legislators...

2GO on livestock service: No thanks

2GO on livestock service: No thanks

Feb. 27 | 2GO, the logistics arm of Aboitiz Transport System (ATS), is not interested in taking the place of Solid Shipping Lines (SSL) when the latter pulls out of the livestock trade in May. SSL offers the only direct call to Mindanao for the livestock trade,...

Tariff on oil imports up 2% in March

Tariff on oil imports up 2% in March

Feb. 27 | THE Department of Energy (DOE) is raising the tax on oil imports to 2% from 1% starting next month, after the international price trigger points were breached. The tariff level was at 3% in January but was cut early this month to 1%. The DOE said the...

AISL: Flat growth for RP container industry in 2008

AISL: Flat growth for RP container industry in 2008

Feb. 27 | THE Association of International Shipping Lines (AISL) expects business to register flat growth this year because of the slowdown in the US economy. “The movements in the US economy will really affect everybody… but the magnitude of the effect cannot...

PPA to share ship arrival schedules with Customs

PPA to share ship arrival schedules with Customs

Feb. 27 | THE Bureau of Customs (BOC) will soon tap into the Philippine Ports Authority’s (PPA) ship arrival schedule database to boost its capability to secure advance information on all Philippine-bound vessels. The agreement will lend additional support to...

Marina: Local market angling for more boxships

Marina: Local market angling for more boxships

Feb. 25 | THE Maritime Industry Authority (Marina) is calling on local and international vessel operators to address the shortage in local container vessels. Marina said demand for boxships will continue to be strong in the near term with the expected boom in the...

RP works on Tariff Code alignment with RKC

RP works on Tariff Code alignment with RKC

Feb. 25 | THE Philippine Senate has begun hearing proposed amendments to the Tariff and Customs Code of the Philippines (TCCP) in time for the expected accession of the country to the Revised Kyoto Convention (RKC) in April. The amendments are necessary to harmonize...

2GO ventures into education

2GO ventures into education

Feb. 25 | 2GO, the logistics arm of the Aboitiz Transport group, over the weekend tied up with the Foundation of the Society of Fellows in Supply Management, Inc (SOFSM) and the Jose Rizal University (JRU) to offer an undergraduate course on Supply Management. The...

PPA asks court to reconsider order on North Harbor case

PPA asks court to reconsider order on North Harbor case

Feb. 25 | The Philippine Ports Authority (PPA) is urging a Manila court to reconsider junking a case involving the North Harbor bidding process. At the same time, the agency is contemplating on filing a separate petition to hold the court liable in case of an accident...
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