Manila looks at clamping down on excessive rate rises

Manila looks at clamping down on excessive rate rises

Manila: The government of the Philippines is looking to try and push through legislation that would cap rates charged by international shipping lines calling in the Southeast Asian archipelago.

The Department of Trade and Industry (DTI) has been in touch with the Maritime Industry Authority (Marina) over the issue. It forms part of a bigger discussion over plans to change the nation’s cabotage laws as well as trying to ensure the congestion that plagued Manila port for months last year is not repeated.

The DTI is looking to regulate shipping rates in the same way it has energy prices. Manila established an Energy Regulatory Commission to monitor and approve any price increases in power bills – a similar body could be created for shipping.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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