The Philippine Ports Authority (PPA) has revoked the 50-50 sharing agreement in arrastre fees in all ports nationwide in instances where cargo handlers (CH) uses the equipment of shipping lines in its bid to force cargo handling service operators to procure their own facilities. “In this regard, PPA MC No. 01-2009 prescribing the 50-50 sharing on the arrastre fees in…
The Manila North Harbour Port, Inc. (MNHPI) has cancelled all lease agreements at the North Harbor to pave the way for the increase in all rental rates at the country’s premier but most inefficient port. MNHPI has already informed their stakeholders to make the necessary arrangements with the company in order to continue their business at the port. Latest data…
Local carriers expect no monopoly in the local shipping industry with the recent acquisition of Aboitiz Transport System (ATS) by Negros Navigation Co. (Nenaco). The two firms finally sealed the deal on December 28, 2010, or a month earlier than their mid-January target. The carriers claimed that the industry would remain level as the bulk of the country’s cargo traffic…