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Monthly Archives: October, 2014

BOC issues policy on surcharges for misclassified, undervalued goods

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The Philippine Bureau of Customs (BOC) has amended some guidelines in the imposition of surcharges for misclassification, undervaluation or misdeclaration of customs duties under...

MOL still in the red while Hanjin climbs up to black

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Japanese container liner Mitsui O.S.K. Lines (MOL) said its container ship segment experienced a loss in the first six months of its current fiscal...

Mindanao Container Terminal volume, ship calls fall in first 9 months

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Container traffic at the Mindanao Container Terminal (MCT) declined in the first nine months of 2014, sliding 9.4% to 150,530 twenty-foot-equivalent units from 166,159.75...

Cebu airport cargo traffic down 10%

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Cargo volume handled at the Mactan-Cebu International Airport (MCIA) in the first eight months declined 9.5% to 35.728 million kilograms from 39.481 million kg...

Subic prepares for spike in ship calls as more foreign liners eye direct connections

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The Subic Bay Metropolitan Authority (SBMA) is expecting more ship calls at Subic port within the next few weeks, expressing hope this will eventually...

Drilon pushes early passage of customs modernization act

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Senate President Franklin Drilon called for the immediate passage of the Customs Modernization and Tariff Act (CMTA), saying it will simplify customs procedures and...

PPA reshuffles port managers

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The Philippine Ports Authority (PPA) has reshuffled some of its port managers as part of a rationalization plan that takes effect November 4. Under PPA...

12 bidders to vie for LRT Line 2 project

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A dozen companies revealed their keen interest to bid for the Light Rail Transit Line 2 operations and maintenance (O&M) project when they showed...

BOC seizes motorbikes, chemicals

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The Bureau of Customs (BOC) seized P8 million worth of motorcycles, chemicals, and plumbing supplies due to false import data. The confiscated 48 brand-new Yamaha...

Hapag-Lloyd updates low sulfur fuel charges for Asia-North America trades

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Hamburg-based container ocean carrier Hapag-Lloyd announced it will revise its low sulfur fuel (LSF) charge in response to a change in global maritime pollution...
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