Shipping delays possible if ports stay congested

IF MAJOR transshipment ports remain congested or closed due to the coronavirus disease 2019 (Covid-19) pandemic, shipments of Cebu exporters could be affected through Christmas, Philippine Export Confederation Inc. (Philexport) Cebu executive director Fred Escalona said. “The logistics crisis will definitely affect all shipments around the globe without exception. If this problem persists until the […]

Shipping chaos here to stay with most seafarers unvaccinated

GLOBAL VACCINATIONS of seafarers are going too slowly to prevent outbreaks on ships from causing more trade disruptions, endangering maritime workers and potentially slowing economies trying to pull out of pandemic slowdowns. Infections on vessels could further harm already strained global supply chains, just as the US and Europe recover and companies start stocking up […]

MMC Corporation Berhad Chooses Ramco Systems to Digitally Transform Five Ports in Malaysia’s Single Largest Port Transformation Programme

KUALA LUMPUR, Apr 8, 2021 – (ACN Newswire via SEAPRWire.com) – Leading Malaysian utility and infrastructure conglomerate MMC Corporation Berhad (MMC) announced that it has embarked on a major digital transformation of five ports, in partnership with global software solutions leader, Ramco Systems. Photo caption clockwise from top left: Dato’ Sri Che Khalib Mohamad Noh, […]

March Customs collections beat target on strong performance by provincial ports

TAX COLLECTIONS by the Bureau of Customs (BoC) in March totaled P54.5 billion, beating the bureau’s target due to stronger-than-expected collections by ports in the provinces. March collections beat the target by 14.2%. They also exceeded year-earlier levels by 22.1%. The 2020 lockdown began in mid-March that year. “The BoC’s positive revenue collection performance is […]