PHILIPPINE COPYRIGHT 2020 by ProQuest Publishing, Inc www.portcalls.comwww.portcalls.com Looking for the Turn to pages 6-11 BEST CONSOLIDATORS The Philippines’ only shipping and transporttransport guideguide ISSNISSN 0118-1483 0118-1483 WEDNESDAYWEDNESDAYJune June 17, 17, 2020 2020 VOL. 25 NO.49NO. 49 P30.00 Forex raterate asas ofof Tuesday,Tuesday, 1616 JuneJune 2020 2020 — — P50.07:US$1 Retain foreign ownership restriction in domestic shipping, industry insists DOMESTIC shipping organizations re- including the industry in the coverage of newed their appeal to include domestic public utilities. shipping in the coverage of public utili- The House of Representatives (HOR) ties under the bill amending the Public on March 10 approved on third and final Service Act (PSA). Excluding domestic reading House Bill (HB) No. 78, which shipping from the bill would open it up to seeks to amend the definition of public 100% foreign ownership. service under Commonwealth Act No. The Philippine Inter-island Shipping 146, otherwise known as the PSA. Association (PISA) and Philippine Liner HB 78 limits the definition of public Shipping Association (PLSA), in letters utility to any person or entity that oper- dated June 1 to various lawmakers and ates, manages, or controls for public use Executive Secretary Salvador Medialdea, the distribution of electricity, transmission Defense Secretary Delfin Lorenza, and the of electricity, water pipeline distribution, Presidential Legislative Liaison Office, and sewerage pipeline. It excludes trans- sought support in retaining foreign owner- portation, telecommunications, broad- ship restriction for domestic shipping by Turn to page 12 NOW AVAILABLE 20202020 Edition Edition PortCallsPortCalls Cargo Cargo TransportTransport Directory Directory ToTo reserve reserve a copy, call call 8551-1775, 8551-1775, 8551-3871 8551-3871 oror email
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