+ Follow PSTC Tag
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 2100297
[Title] => PSTC official home ng mga Pinoy athletes--Romero
[Summary] => Ngayon ay magkakaroon na ng tunay na tahanan ang mga national athletes.
[DatePublished] => 2021-05-24 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1726335
[AuthorName] => Russel Cadayona
[SectionName] => PSN Palaro
[SectionUrl] => palaro
[URL] =>
)
[1] => Array
(
[ArticleID] => 600631
[Title] => PNOC revisits IPO plans for shipping subsidiary
[Summary] => State-owned Philippine National Oil Co. (PNOC) is revisiting plans to undertake an initial public offering (IPO) for its subsidiary, PNOC-Shipping Corp. (PSTC), a top PNOC official said.
[DatePublished] => 2010-08-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 341001
[Title] => PNOC mulls IPO to privatize shipping unit
[Summary] => State-owned Philippine National Oil Co. (PNOC) is looking into the possibility of undertaking an initial public offering (IPO) of its subsidiary, PNOC Shipping and Transport Corp. (PSTC).
PNOC president Eduardo Manalac said an IPO is one of the options being considered in privatizing the shipping company’s shares. Another privatization scheme being eyed for PSTC is the direct sale of assets, particularly its tankers.
Manalac said they may also consider allowing a joint venture partner to buy into the shipping company.
[DatePublished] => 2006-06-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 260444
[Title] => PNOC shipping arm defers sale of vessels till after 2006
[Summary] => PNOC-Shipping and Transport Corp. (PSTC), the shipping arm of the state-run Philippine National Oil Co. (PNOC), has put off plans to sell its vessels until after 2006.
PNOC president Thelmo Cunanan said based on their assessment, the market is not that good thus the sale of PSTC’s assets would probably fail to fetch a good price.
[DatePublished] => 2004-08-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 179014
[Title] => Presumed negligent
[Summary] => Common carriers are required to observe a high degree of diligence in the carriage of goods. So, as a general rule, they are presumed to have been at fault or negligent if the goods they transported get lost or destroyed. This case illustrates when that presumption arises.
[DatePublished] => 2002-10-08 00:00:00
[ColumnID] => 133340
[Focus] => 0
[AuthorID] => 1804883
[AuthorName] => Jose C. Sison
[SectionName] => Opinion
[SectionUrl] => opinion
[URL] =>
)
[5] => Array
(
[ArticleID] => 155329
[Title] => PNOC-Shipping in joint venture talks with four foreign firms
[Summary] => At least four big foreign shipping firms are negotiating with PNOC-Shipping and Transport Corp. (PSTC), the shipping arm of the Philippine National Oil Co., for a possible joint venture.
PSTC president Cesar Tapia said aside from these four international shipping companies, there are three other local shipping groups that have expressed interest in buying into the company.
One of the four foreign shipping companies is based in London while another is managed by a Greek shipping group. One is based in Japan while the fourth is based in Hong Kong.
[DatePublished] => 2002-03-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 150782
[Title] => Mystery of missing ship
[Summary] => Only David Copperfield could’ve pulled the trick – or so it seemed. At dusk last Christmas Eve the huge cargo ship MV Great Faith disappeared into thin air from the Port of Cebu, with its contraband of 30,000 sacks of smuggled rice. The hand was quicker than the eye. Nobody, not even the Customs men guarding the confiscated ship round the clock, saw what happened. But Filipino government officials must really be infinitely better at hocus-pocus than the celebrated American magician. In the ensuing investigation of the disappearance, they are colluding with each other to
[DatePublished] => 2002-02-16 00:00:00
[ColumnID] => 134276
[Focus] => 0
[AuthorID] => 1805283
[AuthorName] => Jarius Bondoc
[SectionName] => Opinion
[SectionUrl] => opinion
[URL] =>
)
[7] => Array
(
[ArticleID] => 149649
[Title] => Shortage of oil tankers looms
[Summary] => As a general rule, government should not be in business, for it could pose unfair, because huge, competition. But in cases where private firms are unwilling or unable to serve basic economic needs, government must go into business, if only for public interest.
When Philippine Airlines in its early years could not fly "missionary routes" to small cities, government bought into it and for a time subsidized losses just to keep domestic rates down. Passenger volume soon grew to encourage private investments in the missionary routes. Government then bailed out of PAL.
[DatePublished] => 2002-02-06 00:00:00
[ColumnID] => 134276
[Focus] => 0
[AuthorID] => 1805283
[AuthorName] => Jarius Bondoc
[SectionName] => Opinion
[SectionUrl] => opinion
[URL] =>
)
[8] => Array
(
[ArticleID] => 148615
[Title] => PNOC Shipping bucks move to close it down
[Summary] => The government-owned PNOC Shipping and Transport Corp. (PSTC) yesterday denounced efforts of private shipping groups to close down its operations.
PSTC president Gen. Cesar F. Tapia (Ret.) said private local oil transport and shipping groups have launched a campaign to force government to close down the state-owned shipping firm which today has been turned around and contributes millions to the national coffers.
[DatePublished] => 2002-01-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 146705
[Title] => Government should bow out of tanker business
[Summary] => What is this I hear that government-owned PNOC Shipping and Transport Corp. (PSTC) is planning to buy new vessels? It has been over 10 years since I left PNOC and I thought PSTC should have been privatized by now. PSTC is actually what was Luzon Stevedoring Corp. or Luzteveco, before it was nationalized by the Marcos martial law regime.
[DatePublished] => 2002-01-11 00:00:00
[ColumnID] => 133182
[Focus] => 0
[AuthorID] => 1804837
[AuthorName] => Boo Chanco
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
PSTC
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 2100297
[Title] => PSTC official home ng mga Pinoy athletes--Romero
[Summary] => Ngayon ay magkakaroon na ng tunay na tahanan ang mga national athletes.
[DatePublished] => 2021-05-24 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1726335
[AuthorName] => Russel Cadayona
[SectionName] => PSN Palaro
[SectionUrl] => palaro
[URL] =>
)
[1] => Array
(
[ArticleID] => 600631
[Title] => PNOC revisits IPO plans for shipping subsidiary
[Summary] => State-owned Philippine National Oil Co. (PNOC) is revisiting plans to undertake an initial public offering (IPO) for its subsidiary, PNOC-Shipping Corp. (PSTC), a top PNOC official said.
[DatePublished] => 2010-08-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 341001
[Title] => PNOC mulls IPO to privatize shipping unit
[Summary] => State-owned Philippine National Oil Co. (PNOC) is looking into the possibility of undertaking an initial public offering (IPO) of its subsidiary, PNOC Shipping and Transport Corp. (PSTC).
PNOC president Eduardo Manalac said an IPO is one of the options being considered in privatizing the shipping company’s shares. Another privatization scheme being eyed for PSTC is the direct sale of assets, particularly its tankers.
Manalac said they may also consider allowing a joint venture partner to buy into the shipping company.
[DatePublished] => 2006-06-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 260444
[Title] => PNOC shipping arm defers sale of vessels till after 2006
[Summary] => PNOC-Shipping and Transport Corp. (PSTC), the shipping arm of the state-run Philippine National Oil Co. (PNOC), has put off plans to sell its vessels until after 2006.
PNOC president Thelmo Cunanan said based on their assessment, the market is not that good thus the sale of PSTC’s assets would probably fail to fetch a good price.
[DatePublished] => 2004-08-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 179014
[Title] => Presumed negligent
[Summary] => Common carriers are required to observe a high degree of diligence in the carriage of goods. So, as a general rule, they are presumed to have been at fault or negligent if the goods they transported get lost or destroyed. This case illustrates when that presumption arises.
[DatePublished] => 2002-10-08 00:00:00
[ColumnID] => 133340
[Focus] => 0
[AuthorID] => 1804883
[AuthorName] => Jose C. Sison
[SectionName] => Opinion
[SectionUrl] => opinion
[URL] =>
)
[5] => Array
(
[ArticleID] => 155329
[Title] => PNOC-Shipping in joint venture talks with four foreign firms
[Summary] => At least four big foreign shipping firms are negotiating with PNOC-Shipping and Transport Corp. (PSTC), the shipping arm of the Philippine National Oil Co., for a possible joint venture.
PSTC president Cesar Tapia said aside from these four international shipping companies, there are three other local shipping groups that have expressed interest in buying into the company.
One of the four foreign shipping companies is based in London while another is managed by a Greek shipping group. One is based in Japan while the fourth is based in Hong Kong.
[DatePublished] => 2002-03-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 150782
[Title] => Mystery of missing ship
[Summary] => Only David Copperfield could’ve pulled the trick – or so it seemed. At dusk last Christmas Eve the huge cargo ship MV Great Faith disappeared into thin air from the Port of Cebu, with its contraband of 30,000 sacks of smuggled rice. The hand was quicker than the eye. Nobody, not even the Customs men guarding the confiscated ship round the clock, saw what happened. But Filipino government officials must really be infinitely better at hocus-pocus than the celebrated American magician. In the ensuing investigation of the disappearance, they are colluding with each other to
[DatePublished] => 2002-02-16 00:00:00
[ColumnID] => 134276
[Focus] => 0
[AuthorID] => 1805283
[AuthorName] => Jarius Bondoc
[SectionName] => Opinion
[SectionUrl] => opinion
[URL] =>
)
[7] => Array
(
[ArticleID] => 149649
[Title] => Shortage of oil tankers looms
[Summary] => As a general rule, government should not be in business, for it could pose unfair, because huge, competition. But in cases where private firms are unwilling or unable to serve basic economic needs, government must go into business, if only for public interest.
When Philippine Airlines in its early years could not fly "missionary routes" to small cities, government bought into it and for a time subsidized losses just to keep domestic rates down. Passenger volume soon grew to encourage private investments in the missionary routes. Government then bailed out of PAL.
[DatePublished] => 2002-02-06 00:00:00
[ColumnID] => 134276
[Focus] => 0
[AuthorID] => 1805283
[AuthorName] => Jarius Bondoc
[SectionName] => Opinion
[SectionUrl] => opinion
[URL] =>
)
[8] => Array
(
[ArticleID] => 148615
[Title] => PNOC Shipping bucks move to close it down
[Summary] => The government-owned PNOC Shipping and Transport Corp. (PSTC) yesterday denounced efforts of private shipping groups to close down its operations.
PSTC president Gen. Cesar F. Tapia (Ret.) said private local oil transport and shipping groups have launched a campaign to force government to close down the state-owned shipping firm which today has been turned around and contributes millions to the national coffers.
[DatePublished] => 2002-01-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 146705
[Title] => Government should bow out of tanker business
[Summary] => What is this I hear that government-owned PNOC Shipping and Transport Corp. (PSTC) is planning to buy new vessels? It has been over 10 years since I left PNOC and I thought PSTC should have been privatized by now. PSTC is actually what was Luzon Stevedoring Corp. or Luzteveco, before it was nationalized by the Marcos martial law regime.
[DatePublished] => 2002-01-11 00:00:00
[ColumnID] => 133182
[Focus] => 0
[AuthorID] => 1804837
[AuthorName] => Boo Chanco
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
January 28, 2002 - 12:00am
