Wednesday, April 1, 2009

Crisis forces 13 foreign ships to dock in Davao

By FRANCIS MAGBANUA, ABS-CBN News
Posted at 04/01/2009 12:34 PM | Updated as of 04/01/2009 12:35 PM

Thirteen foreign container vessels have docked in Malalad Port in Malalad, Davao del Sur since January 2009.

Most of the vessels are from Italy, China and Europe.

Jessie Fernandez of the Malalad Port Authority said the vessels would be staying there for a long time after their Filipino agency counterpart decided to stop their voyages to the global financial crisis.

The Lacerta Shipping Agency and Asia Pacific Chartering, all based in Manila, that are handling the foreign vessels have chosen to lay up in the country because of the minimal port dues compared to foreign ports.

Philippine Coast Guard Authority assigned a team to monitor the activities in the area.

Aside from providing security, the coast guard will also monitor possible oil spills.

Authorities are presently coordinating with said companies to get the complete list of Filipino seafarers on board the vessels who possibly lost their jobs. Report from Business Nightly

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