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Monday, July 07, 2008

 

BIG DEAL
By Dan Mariano
‘Soul-picio’ takeover

 
For a while there it seemed like the Palace had caved in on the Sulpicio Lines issue. Reports that the authorities have allowed the vessels of the inter-island ferry operator to sail again after grounding its entire fleet for a few days triggered fears that the Go family would be allowed to get off the hook—again—after the fourth major sea disaster involving one of its vessels, the MV Princess of the Stars.

However, two recent official pronouncements related to what is now being called “Soul-picio Lines” gave the public some consolation and reassurance.

First, Soul-picio vessels are now restricted to carrying only cargo until the Board of Marine Inquiry completes its investigation of the grisly incident in the Sibuyan Sea at the height of Typhoon Frank.

Second, Malacañang is still seriously mulling over a possible government takeover. To be sure, President Gloria Arroyo has said she is aware that such a move would require an act of Congress. That her next State of the Nation Address is just weeks away makes observers expect that the Chief Executive might just include a call for the takeover in her speech before the joint session of the legislature.

Should the President call on Congress to work out a takeover she would accomplish several things.

First, a government management team could scrutinize the operations of Soul-picio and determine why its ships are so accident-prone. There have been speculations that the owners do not plow back the company’s earnings toward the proper repair and maintenance of its aging fleet. Where its profits actually went cannot be determined since Soul-picio is not a publicly listed company. A takeover would help the government—and the public, for that matter—finally solve this mystery.

Second, the takeover would ensure that the maritime transport needs, covering both passengers and cargo, to and from Cebu and other points south are met. With a new—hopefully transparent—management team overseeing Soul-picio’s operations, its level of safety and reliability of service could be upgraded.

Third and most important, the President would be in a good position to prevent a possible fifth major maritime disaster involving a Soul-picio vessel. The government team would be expected to prioritize passenger safety over profit.

So far, Mrs. Arroyo has been pretty decisive in her moves regarding Soul-picio. Would that she not succumb to either pressure or importuning from the political allies of the shipping company’s owners.

The Princess of the Stars tragedy should trigger a thoroughgoing government review of maritime transportation in our archipelagic country. After the President launched a number of initiatives in the air and land transport sectors, sea travel should not be left behind.

In the area of commercial aviation, the President took major steps toward the opening of Terminal 3 of the Ninoy Aquino International Airport (NAIA 3). She used NAIA 3 when she flew back in from her working visit to the United States to make an important point.

Prior to that, she appointed former presidential chief of staff Michael Defensor—an “action man” who reputedly has the President’s ear—to head a task force to deal with the remaining obstacles standing in the way of the NAIA 3’s full operation.

At a recent press conference, Defensor committed to use the mandate and powers of Task Force NAIA 3 to make sure that the long-awaited opening of the terminal would be accomplished soonest. The President made sure that the task force not end up like another paper tiger. Defensor has been given full authority to mobilize government resources to iron out all the remaining kinks.

At the presser, Defensor was profuse with his gratitude to and commendation for the heads of the various government agencies helping out Task Force NAIA 3. That should be a good indication that everyone concerned is helping out and nobody wants to be the spoiler.

In land transportation, the President has sent strong signals that she wants the long-delayed plans for the expansion of Metro Manila’s light rail transit system to finally get going. The concession contract for the LRT line from San Jose del Monte to North Avenue has been signed. The government is also set to undertake the extension of the EDSA MRT-3 line following the buy-back of the project from its private sector owners.

The enhancement of the various transportation systems as directed by the President is crucial at this time. With skyrocketing fuel prices, more and more people will be taking public transport. The President is evidently well aware of this.

Her response to this disturbing economic development, which has rocked the entire world, is a reliable mass transportation network, which would bring Filipinos to their destinations—safely and on time.

dansoy26@yahoo.com

   
 

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