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Ports/Terminals
Cebu port posts 3% hike in 2017 container volume
Apr. 23 | Container traffic at Cebu ports grew 2.9% in 2017 to 914,520 twenty-foot equivalent units (TEUs) from 888,249 TEUs in 2016, data from Cebu Port Authority (CPA) showed. The 9.5% growth in domestic containers was more than enough to offset the 5.9% decline...
ICTSI’s Cavite barge terminal goes full blast in June
Apr. 23 | Cavite Gateway Terminal offers an alternative to moving cargo to and from the Port of Manila and the economic zones of Cavite via container barges plying the Manila Bay. Photo from ictsi.com. Cavite Gateway Terminal (CGT), the Philippines’ first container...
Lorenzo Shipping: 53% reduction in 2017 loss shows business plan working
Apr. 23 | Lorenzo shipping’s freight revenues dropped 3.1% in 2017 to P2.182 billion from P2.253 billion in 2016, as vessel capacity put pressure on the freight base. Photo from www.lorenzoshipping.com. Philippine liner Lorenzo Shipping Corp. (LSC) reported...
DOF seeks approval of 8 bridge projects in Visayas
Apr. 23 | The Philippine government plans to build eight major bridges with an estimated combined cost of P269.19 billion to interconnect the islands of Visayas and link the region to Luzon, part of the administration’s massive infrastructure build-up to further...
CCBI can stand as witness during physical exam of alerted cargoes—BOC
Apr. 18 | At the signing of the memorandum of agreement between Chamber of Customs Brokers, Inc (CCBI) and the Bureau of Customs, were L to R: CCBI president Atty Ferdinand Nague, Customs commissioner Isidro Lapeña and BOC deputy commissioner Natalio Ecarma III....
GOCCs’ regulatory, commercial functions may finally be split
Apr. 18 | The Philippine Ports Authority’s regulatory and commercial functions may soon be separated to avoid conflict of interest. Photo of Manila North Harbor courtesy of operator Manila North Harbour Port, Inc. The Philippine government will review functions...
PAL steps up operations in Davao, Cebu, Clark under multi-hub system
Apr. 18 | Philippine Airlines (PAL) will further boost its operations at its hubs in Davao, Cebu and Clark with the scheduled arrival of 15 new aircraft in 2018, and another six aircraft in 2019. PAL in a statement announced its multi-hub expansion strategy that...
Cebu Pacific hurdles IATA safety benchmark
Apr. 18 | Low-cost carrier Cebu Pacific has achieved full compliance with the International Air Transport Association (IATA) Operational Safety Audit (IOSA), joining a roster of 429 airlines worldwide that have strictly complied with the most stringent international...
BOC extends suspension of rules on balikbayan box imports
Apr. 16 | The Philippine Bureau of Customs (BOC) has extended the suspension of its 2016 guidelines implementing duty- and tax-free importation of consolidated balikbayan boxes until revised guidelines are issued. In a memorandum dated March 16 and signed March...
