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Archive for May, 2008

Draft Customs rules on AEO

Draft Customs rules on AEO

May. 19 | THE Bureau of Customs (BOC) and the private sector, led by the Aircargo Forwarders of the Philippines, Inc (AFPI), last week held a conference-workshop on, among others, the draft rules on the Authorized Economic Operator or AEO, otherwise known as ‘approved...

Synchronized truck ban likely in place this month

Synchronized truck ban likely in place this month

May. 5 | CAGAYAN DE ORO CITY.—Truckers will finally get their wish of a nationwide synchronized truck ban as early as this month. “The government will strictly impose the synchronized truck ban even on uncooperative local authorities to facilitate...

ICTSI not keen on NCT-2

ICTSI not keen on NCT-2

May. 5 | INTERNATIONAL Container Terminal Services, Inc. (ICTSI) is definitely not interested in bidding for the New Container Terminal (NCT)-2 when Subic Bay Metropolitan Authority (SBMA) auctions the terminal next month. “Our current capacity in Subic...

TNT: New security measures won’t cost customers

TNT: New security measures won’t cost customers

May. 5 | TNT Express Philippines’ compliance with new US and European Union supply chain security requirements will not translate to additional cost for its clients. The express operator’s new country manager Cetin Yalcin in an interview with PortCalls...

Importers of second-hand goods get stricter rules

Importers of second-hand goods get stricter rules

May. 5 | THE Bureau of Customs (BOC) is issuing more stringent guidelines for importers of second-hand merchandise. The move is designed to curb the practice of declaring shipments as off quality to side step the correct payment of duties and taxes. “If...

PISFA targets reduction of lines’ other charges

PISFA targets reduction of lines’ other charges

May. 5 | AFTER getting a reprieve from some members of the Association of International Shipping Lines (AISL) on the container deposit fee, the Philippine International Seafreight Forwarders Association (PISFA) is now looking at reducing other charges levied by...

More funds offered to ro-ro operators

More funds offered to ro-ro operators

May. 5 | THE government is allocating P2.04 billion to acquire 24 vessels for lease or sale to roll on-roll off (ro-ro) vessel operators. The amount is 200% higher than what was set aside last year. It will be released through the NDC-Maritime Leasing Corp (NMLC). Under...

Del Monte ventures into $1M cold storage facility

Del Monte ventures into $1M cold storage facility

May. 5 | CAMIGUIN ISLAND — US firm Del Monte Fresh is sinking in at least $1 million to operate a cold storage facility in the Cagayan de Oro (CDO) port. The facility will be operated in partnership with Oro Port , CDO port’s cargo-handling operator. In...

New Customs Registration Program

New Customs Registration Program

May. 5 | AS a general rule, any article imported into the Philippines will require the prior accreditation or registration of the importer/consignee with the Bureau of Customs (BOC) before said article may be released from customs custody. There are a few exceptions...
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