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Showing posts from February, 2013

P1B Investments for Coal Projects

The Department of Energy yesterday reported that it expects P1 billion in fresh investments from eight local companies which it will give two-year coal exploration contracts this week. Some 11 blocks were offered under the fourth Philippine Energy Contracting Round (PECR 4). Energy Undersecretary Ramon Allan Oca yesterday said the eight firms are Altura Mining Philippines Inc. for Area 3 in Catanduanes; Semirara Mining Corp. for Areas 9 and 25-B in Oriental Mindoro and Sarangani, respectively; Empire Asia Mining Corp. for Area 18-B in Surigao del Sur; SKI Mining Corp. for Area 19-A in Surigao del Sur; Philippine National Oil Company-Exploration Corp. for Areas 19-B, 29 and 30-A in Surigao del Sur and Zamboanga Sibugay, respectively; South Davao Development Corp., Inc. for Area 8 in Occidental Mindoro; Blackstone Mineral Resources Inc. for Area 27 in Zamboanga Sibugay; and Mega Philippines Inc. for Area 23 in South Cotabato, Sultan Kudarat and Sarangani. Oca said that the contracts…

Probe of RORO Vessels’ Seaworthiness Needed

Last Feb. 5, passengers aboard the M/V Sta. Clara, which left Virac port on or about 1:30 P.M., had an unpleasant experience when the roll-on, roll-off vessel arrived at Tabaco after more than four hours at sea. According to Gerry Rubio of the Catanduanes State University, who vented his displeasure on facebook, the ferry’s main ramp failed to open. When all else failed for the ship’s officers, the captain apparently ordered the maneuvering of the boat so that its rear was now abutting the port. After waiting for more than two hours, the passengers were made to pass through the narrow spaces between the trucks and container vans, exiting through the shorter emergency ramp. He quoted a DTI employee as lamenting the ferry crew’s lack of concern for the welfare of the passengers, who were not advised of the ramp failure. “We were made to guess what was happening,” Rubio rued. “This RORO must be dry-docked and its seaworthiness checked.” Under Memorandum Circular No. 65 issued by the…