A group of port stakeholders has exposed the highly questionable multimillion-peso per container insurance collection by the Association of International Shipping Lines Inc. (AISL) and its attendant inflationary effect on the Philippine economy. Primarily, who is AISL? Based on Internet verification, …
Read More »Tales of port abuses (Part 2)
Imposition of multimillion-peso deposit ANOTHER serious problem port stakeholders encounter is the highly questionable imposition by international shipping lines of multimillion-peso deposits on containers and the very slow processes of getting a refund for such deposits. With regard to this …
Read More »Tales of port abuses (Part 1)
Lack of regulatory power to oversee foreign shipping lines WITH the advent of the world trade, foreign commercial vessels bringing in and taking out cargoes worth billions of pesos for the market are not paying enough taxes and have subjected …
Read More »ICTSI Melbourne terminal: world’s first fully automated international container terminal
International Container Terminal Services, Inc.’s (ICTSI) Victoria International Container Terminal (VICT) at the Port of Melbourne, Australia is the first fully automated international container handling facility in the world. “VICT was designed, and is now fully equipped, to be fully …
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