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Archive for November, 2009

IRR on Bulk Cargo Surveyor

IRR on Bulk Cargo Surveyor

Nov. 30 | SOMETIME September last year, the Department of Finance (DoF) issued CAO 6-2008 which provides for the accreditation of third-party surveyors that will be allowed to conduct port load inspection and survey of bulk and break-bulk cargo. Thereafter, the...

Logistics Industry Concerns for 2010

Logistics Industry Concerns for 2010

Nov. 18 | During the PortCalls Cargo Economics Conference held last October 15, 2009, we made a presentation on the key industry concerns for 2010. We have summarized below the highlights of our presentation entitled “Key Industry Concerns for 2010 Going...

Ship agents wary over 2009/10 prospects

Ship agents wary over 2009/10 prospects

Nov. 2 | MEMBERS of the Federation of National Associations of Ship Brokers and Agents (FONASBA) expect to see red ink for 2009 and possibly 2010. Philippine Ship Agents Association (PSAA) president Abraham Tablizo, who recently attended the 40th anniversary of...

Arroyo orders solo run of IAS at MICP, POM by Dec

Arroyo orders solo run of IAS at MICP, POM by Dec

Nov. 2 | PRESIDENT Gloria Macapagal-Arroyo has ordered the Bureau of Customs (BOC) to fully implement the electronic-to-mobile/import assessment system (e2m/IAS) at the country’s two main ports by December 1, 2009. At a recent cabinet meeting, the President...

Batangas Port sees 5% rise in bulk, breakbulk cargo for 2010

Batangas Port sees 5% rise in bulk, breakbulk cargo for 2010

Nov. 2 | BATANGAS Port operator Asian Terminals, Inc-Batangas (ATI-B) expects a 5% growth in bulk and breakbulk cargo volume next year, following good volumes this year despite the global economic crisis. This is according to Batangas Port manager Alex Cruz during...

PPA income up 7.3% from Jan to July

PPA income up 7.3% from Jan to July

Nov. 2 | THE Philippine Ports Authority (PPA) generated revenues amounting to P3.9 billion in the first seven months of the year, 7.31% higher than last year’s P3.63 billion and surpassing the target by 5.74%. Net income also rose 25.31% to P1.47 billion. Port...

Customs collections dip 18% in first nine months

Customs collections dip 18% in first nine months

Nov. 2 | THE Bureau of Customs (BOC) collected P165.39 billion for the first nine months of the year, 18% less than the target of P201.42 billion for the period. Actual cash collections were also off by P32.05 billion to P144.2 billion while collections from the...

Nenaco income soars 77%; revenue mix now favors cargo

Nenaco income soars 77%; revenue mix now favors cargo

Nov. 2 | DOMESTIC shipping firm Negros Navigation Co. (Nenaco) posted a net income of P203.2 million for the first nine months of 2009, up 77% against the same period last year. Nenaco attributed the strong performance to revenue-enhancing initiatives coupled...

Compulsory cargo weighing in effect at Manila ports

Compulsory cargo weighing in effect at Manila ports

Nov. 2 | THE Philippine Ports Authority (PPA) has ordered the mandatory weighing of cargoes at the country’s top two ports, the Manila International Container Terminal (MICT) and the Manila South Harbor. The order (PLEASE CLICK HERE FOR COPY) covers both...
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