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

PHILIPPINE STAR/EHDA M. DAGOOC CEBU-BASED fuel retailer Top Line Business Development Corp. (Topline) has set its initial public offering (IPO) price at 31 centavos...

Stock Markets

DE LA SALLE Lady Spikers vs Ateneo Blue Eagles — UAAP/JOAQUI FLORES Games on Wednesday(Filoil EcoOil Centre)9 a.m. – La Salle vs Ateneo (men)11...

Stock Markets

BW FILE PHOTO THE GOVERNMENT made a full award of the Treasury bonds (T-bonds) it offered on Tuesday at a higher average rate amid...

Stock Markets

Fishermen took advantage of the warm weather on Sunday in Noveleta Cavite to dry fish for sale in the market. — PHILIPPINE STAR/RYAN BALDEMOR...

Exit mobile version