Tuesday, September 21, 2021

Monthly Archives: February, 2010

PAL posts substantial cut in losses PAL posts substantial cut in losses

PAL Holdings, operator of flag carrier Philippine Airlines (PAL), has reduced its losses by 86% in the first third quarters of its current fiscal...

Localized marine rules pushed

A group of local vessel operators is advocating the passage of a revised Philippine Merchant Marine Rules and Regulations (PMMRR) that will push vessel...

e2m cleans importers’ list, jacks up BOC collections

THE electronic-to-mobile (e2m) project has halved the number of fly-by-night importers and brokers registered at the Bureau of Customs (BOC) and positively affected the...

IATA eases requirements for air cargo agents

THE International Air Transport Association (IATA) is relaxing its qualification requirements for accreditation of Philippine air cargo agents, a move seen to accommodate more...

Sasa Wharf to get additional x-ray machine

THE Bureau of Customs (BOC) will push through with the installation of an extra x-ray scanner at the Sasa Wharf in Davao despite strong...

Surigao del Norte feeder port completed

THE Department of Transportation and Communications (DOTC) recently completed the P41.211-million feeder port in Surigao del Norte. The Socorro Bucas feeder port services both passengers...

ATI inks P250M credit facility with Metrobank

SIAN Terminals, Inc (ATI) last week signed a P250-million, five-year revolving credit facility with Metrobank. "The facility is intended as a standby fund to finance...

Penalties for P&I coverage violators kick in

THE Maritime Industry Authority (Marina) will start penalizing today (Feb 22) shipowners who are non-compliant with the mandatory Protection and Indemnity (P&I) insurance coverage...

Shipowners turn to Palace to stop Mar 1 strike

VESSEL operators are seeking President Gloria Macapagal-Arroyo's intervention to avert a strike over what they call the Maritime Industry Authority's (Marina) "punitive and costly"...

BOC: 6-hour rule for consol manifest stays; DDP transactions soon to be accommodated

YOU win some, you lose some. Freight forwarders managed to secure some concessions from the Bureau of Customs (BOC) in relation to the implementation of...
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