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Posts tagged with "shipping"

2GO’s loss balloons to P1.3B in 2018

2GO’s loss balloons to P1.3B in 2018

Apr. 17 | Image by Elias Schäfer from Pixabay 2GO Group, Inc. and its subsidiaries posted a net loss of P1.3 billion in 2018, an increase from the P310 million net loss in 2017. Revenues increased by 2% to P21.990 billion in 2018 from P21.551 billion 2017 due...

10-year plan for a competitive PH maritime hub detailed

10-year plan for a competitive PH maritime hub detailed

Jan. 22 | Image courtesy of Sujin Jetkasettakorn at FreeDigitalPhotos.net The Maritime Industry Authority (Marina) aims to make the Philippines a global maritime hub by implementing a five-pronged action plan under one of several priority programs outlined in its...

Draft PH maritime roadmap identifies priority programs for next 10 years

Draft PH maritime roadmap identifies priority programs for next 10 years

Oct. 22 | The Maritime Industry Authority (Marina) is finalizing priority programs and projects under its 10-year Maritime Industry Development Plan (MIDP), which aims to transform the Philippines into a major maritime hub. “While it may be true that we [did]...

Report: port inefficiency continues to inflate shipping costs, erode PH competitiveness

Report: port inefficiency continues to inflate shipping costs, erode PH competitiveness

Oct. 4 | Improving efficiency of Philippine ports and enabling them to handle bigger ships and more volumes can help address high costs of shipping and improve the country’s competitiveness, according to a policy brief sponsored by local port stakeholders, business...

Transport industry stalwarts gather for Visayas, Mindanao shipping conferences on Aug 2-3

Transport industry stalwarts gather for Visayas, Mindanao shipping conferences on Aug 2-3

Jul. 24 | Shipping and customs stakeholders are set to convene at the 2nd Visayas Shipping Conference 2018 and 3rd Mindanao Shipping Conference 2018 to discuss trade prospects and share updates on infrastructure and policies affecting the industry. Organized jointly...

Marina details latest strategy to improve connectivity, reduce regulatory burden

Marina details latest strategy to improve connectivity, reduce regulatory burden

Jul. 6 | The Maritime Industry Authority (Marina) has listed its plans and programs to accomplish its aim of further connectivity, mainly by ensuring an economic, efficient, safe, secure, and adequate maritime transportation system. Domestic Shipping Service...

DOF reviewing implementation of common carriers’ tax

DOF reviewing implementation of common carriers’ tax

Jun. 12 | The Philippine Department of Finance (DOF) said it will review current revenue regulations on the common carriers’ tax imposed on international air and sea cargo vessels doing business in the Philippines to ensure a level-playing field and improve...

Marina increases some shipping fees

Marina increases some shipping fees

May. 1 | The Philippine Maritime Industry Authority (Marina) has issued a new circular that adjusts some shipping fees and charges. Marina Circular (MC) No. 2017-01 revised fees; increased some charges for domestic shipping, franchising, overseas shipping, and...

50% discount for PEZA cargoes passing through Batangas port stays

50% discount for PEZA cargoes passing through Batangas port stays

Jan. 17 | According to Batangas International Port operator Asian Ter­minals Inc. (ATI), the terminal has steadily achieved higher vol­umes, handling 85,000 twenty-foot equivalent units (TEUs) of inter­national shipments for the first seven months of 2016, or...

Mindanao Container Terminal first-half throughput up by 18%

Mindanao Container Terminal first-half throughput up by 18%

Sep. 11 | Photo from www.cdodev.com Cargo volume handled by Mindanao Container Terminal (MCT) rose 18.3% in the first half of 2016 to 102,751 twenty-foot equivalent units (TEUs) from 86,816 TEUs in the same period last year. Data from MCT regulator Phividec Industrial...
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