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MPTC to undertake more expansion works, announces Holy Week assist program

MPTC to undertake more expansion works, announces Holy Week assist program

Apr. 16 | Part of the North Luzon Expressway. Photo from nlex.com.ph. Toll road developer Metro Pacific Tollways Corp (MPTC) has lined up a number of capacity expansion projects including construction of additional lanes, bridges, and toll plazas in efforts to...

Challengers to San Miguel’s P736B airport proposal in Bulacan invited

Challengers to San Miguel’s P736B airport proposal in Bulacan invited

Apr. 16 | Image by Susan Sewert from Pixabay The Department of Transportation (DOTr) has started seeking comparative proposals for a Swiss bidding challenge against San Miguel Holdings Corporation’s (SMHC) unsolicited proposal to build an airport in Bulacan. In...

ICTSI opens $450M container terminal in Argentina

ICTSI opens $450M container terminal in Argentina

Apr. 16 | Jacaranda, a vessel of Brazilian shipping line Log-In, berthed at Tecplata. Photo from www.ictsi.com. TecPlata, the new container terminal of International Container Terminal Services, Inc. (ICTSI) located in Argentina’s Puerto de La Plata, has officially...

BOC takes another look at WB’s 2017 customs modernization plan

BOC takes another look at WB’s 2017 customs modernization plan

Apr. 16 | Image by Colossus Cloud from Pixabay The Bureau of Customs (BOC) plans to conduct a feasibility study on the implementation of a project proposed two years ago by the World Bank (WB). The $150-million project, which seeks to modernize operations and automate...

BOC: No more congestion at Manila ports

BOC: No more congestion at Manila ports

Apr. 15 | Image by Michael Gaida from Pixabay The problem of congestion at the Port of Manila (POM) and Manila International Container Port (MICP) has been checked as of April, according to the Bureau of Customs (BOC). Yard utilization at POM and MICP has declined...

PDEA to use TradeNet to process 6 firms’ export permits

PDEA to use TradeNet to process 6 firms’ export permits

Apr. 14 | Image by fancycrave1 from Pixabay The Philippine Drug Enforcement Agency (PDEA) will start processing online special export permits of an initial six private firms under the government’s web-based trading platform TradeNet, according to the Department...

PH national standards for safe, sustainable road freight transport released

PH national standards for safe, sustainable road freight transport released

Apr. 14 | The Philippine Bureau of Standards (PBS) has crafted guidelines and recommendations that land fleet operators and freight forwarders may adopt for reliable, safe, cost-efficient and environmentally sustainable road freight transport operations. The Philippine...

ICTSI earmarks $380M capex this year, eyes more projects in PH

ICTSI earmarks $380M capex this year, eyes more projects in PH

Apr. 13 | Manila International Container Terminal, flagship of International Container Terminal Services, Inc. Photo from ICTSI. International Container Terminal Services Inc. (ICTSI) has allotted US$380 million for capital expenditures (capex) in 2019, much of...

Finance costs take 1.7% off Harbor Star’s 2018 profit

Finance costs take 1.7% off Harbor Star’s 2018 profit

Apr. 13 | Harbor Star tug image from www.harborstar.com.ph Marine services provider Harbor Star Shipping Services, Inc. (HSSSI) reported a net income of P106.911 million in 2018, or 1.7% lower than the P108.806 million earned in 2017, the decrease due mainly to...

ICTSI in talks with banks for acquisition of Hanjin shipyard

ICTSI in talks with banks for acquisition of Hanjin shipyard

Apr. 13 | International Container Terminal Services, Inc. is interested in acquiring Hanjin shipyard in Subic but for use not as a shipyard.  Photo from www.hhic-phil.com. International Container Terminal Services, Inc. (ICTSI) is eyeing a take-over of the Subic...
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