Manilia: The opening of the Davao-General Santos-Tahuna-Bitung shipping route is excpted this month as trade between the Philippines and Indonesia hots up.
The route will be operated by Indonesian shipping lime, PT Kanaka. A 120 teu ship will ply the route twice a month to begin with, and might up its frequency depending on demand.
“We commend the continuous efforts of the private sector in making this route possible, which will significantly cut shipping costs and thereby allow our small and medium entrepreneurs to engage in international trading between these two points in the BIMP-EAGA,” said Luwalhati Antonino, chair of the Mindanao Development Authority (MinDA) in the far south of the Philippines. [02/05/14]