Establishing a Customs Bonded Warehouse (CBW)

UNDER Section 1901 of the Tariff and Customs Code of the Philippines…

Understanding the 13 Incoterms

Two weeks ago, we wrote on the implication of Incoterms in the…

Neptune Orient Lines celebrates its first 35 years

SINGAPORE Prime Minister Goh Chok Tong recently celebrated the first 35 years…

PSAA Marks 30th Anniversary

THE Philippine Ship Agents Association (PSAA) last week marked its 30th anniversary…

‘K’ Line’s Local Arm Sees 15% More Revenues

NEWLY LAUNCHED “K” Line Philippines expects a 15% increase in revenue for…

Sea, Air Port Fees to Be Rationalized

THE Department of Transportation and Communications (DOTC) will undertake tariff reforms, including…

AISL chief: Freight Rate Recovery to Continue

THE freight rate recovery on all trades is showing no signs of…

ATI looking at Extra Fees Because of ISPS

Asian Terminals Inc. (ATI) is planning to discuss with the Philippine Ports…

New Overseas Shipping Law Gets Industry Approval

OVERSEAS shipping operators expressed approval over Republic Act 9301 or the new…

Incoterms and its Implication on Customs Valuation

Scenario. AutoHaus Germany (AG) is a global manufacturer of luxury vehicles. It…