Filipino crew on hijacked Galaxy Leader experiencing Malaria symptoms
NewsSeveral Filipino crew members aboard the hijacked Galaxy Leader are experiencing symptoms of malaria.
BOT plan for Cebu
Plans to build a new international port on the central Philippines island of Cebu remain stalled by the huge cost involved, but the Cebu Port Authority (CPA) is still hoping to get the project off the ground through a BOT scheme.
A March 2002 study prepared by Japan’s Overseas Coastal Area Development Institute (OCDI) and Pacific Consultants International (PCI) had put the total cost at some Pesos18 bill (currently US$320.9 mill). “Based on our calculations, we cannot repay that kind of loan,” said a CPA spokeswoman. The CPA has no budgetary allocation from the national government and is totally dependent on its own revenues.
Read this item in full
This complete item is approximately 315 words in length, and appeared in the September 2004 issue of WorldCargo News, on page 13. To access this issue download the PDF here.
You just read one of our articles for free
To continue reading, subscribe to WorldCargo News
By subscribing you will have:
- Access to all regular and exclusive content
- Discount on selected events
- Full access to the entire digital archive
- 10x per year Digital Magazine