Connect with us

Hi, what are you looking for?

Captain Of Success
Top Stories

Stock Markets

Shipping company ordered to respond to overbooking claim

Shipping company ordered to respond to overbooking claim – BusinessWorld Online


      
      
      
      
      








MONTENEGROLINES.COM.PH

Transport regulators ordered Montenegro Shipping Lines, Inc. to respond to allegations that it overbooked a ship bound for Romblon.  

In a statement Wednesday, the Department of Transportation (DoTr) through the Maritime Industry Authority (Marina) said it ordered the company to reply within 10 days from the receipt of the show-cause order, which may put the company at risk of administrative penalties. 

BusinessWorld contacted Montenegro Shipping for comment, but it had yet to reply at the deadline.  

The Philippine Ports Authority (PPA) said commercial sailings during the week of Easter are in high demand, with passenger volume at seaports projected at 1.73 million for the April 14-20 period, up 3.5%. 

On Wednesday, the PPA said it tallied throughput of 646,579 passengers at the country’s major seaports.  

The PPA said the DoTr is deploying additional personnel for the Easter travel season. 

For 2025, the PPA projects passenger volume of 85.41 million, exceeding the 2024 target by 9.5%. — Ashley Erika O. Jose

CEDTyClea





    You May Also Like

    Stock Markets

    BW FILE PHOTO By Revin Mikhael D. Ochave, Reporter THE RECENTLY ANNOUNCED move of the Philippine Stock Exchange (PSE) to lower the minimum public...

    Finance

    The Hollywood owners of Wrexham AFC, Ryan Reynolds and Rob McElhenney, are on the hunt for new investors as they continue their ambitious push...

    Finance

    The UK’s life sciences sector is falling behind international competitors, missing out on an estimated £15 billion a year over the past decade due...

    Finance

    Uber has announced the nationwide expansion of its pioneering childcare support scheme, offering more than 100,000 drivers across the UK access to free, flexible...

    Disclaimer: CaptainOfSuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.