Prior to the creation of PPA, port administration in the Philippines was merged with the traditional function of revenue collection of the Bureau of Customs (BOC). Port and harbor maintenance was the responsibility of the Bureau of Public Works (BPW). In the early 1970's, there were already 591 national and municipal ports plus 200 private ports scattered all over the country necessitating the need for long-range planning and rationalization of port development.
13 MARCH 2018, MANILA—The Philippine Ports Authority (PPA) is set to remit more than P3 billion in dividend, its highest contribution to the National coffers since 1986.
The state-owned agency’s dividend for 2017 also eclipsed by at least 30% all the dividends it remitted to the government at least in the last decade, including its erstwhile record of P2.158 billion remitted in 2015.
PPA is mandated to remit 50% of its annual net income to the National Government after it was granted fiscal autonomy during the term of President Corazon C. Aquino.
5 MARCH 2018, MANILA—Philippine cruise ship arrivals posted unprecedented figures in the last 12 months capped by the simultaneous docking of cruise ships at the Manila’s South Harbor.
On Monday, the Manila South Harbor, managed and operated by Asian Terminals, Inc., registered the biggest number of cruise ships docked at the ports with four, namely, SuperStar Virgo of Star Cruises, Costa Atlantica of Costa Cruises, Amsterdam of Holland America Lines, and Silver Shadow of Silversea Cruises.
29 JANUARY 2018, MANILA—The Philippine Ports Authority (PPA) on Monday, unveiled its new logo in its bid to transform the agency into a more transparent, reliable and model corporate organization.
The new PPA logo got the nod of the Office of the President through the National Historical Commission of the Philippines.
According to PPA General Manager Jay Daniel R. Santiago, the new logo will embody the vision of the PPA, which is to provide port services of global standards encompassing the three major islands of the country.
19 JANUARY 2018, MANILA—Philippine container traffic went up drastically in the first 11 months of the year anchored on robust shipping and trade atmosphere and heightened domestic demand.
The increase in container traffic, particularly domestic box volume, somehow cushioned the decline in foreign overall volume, specifically export traffic.
Latest data from the Philippine Ports Authority (PPA) showed that total container traffic for the period in review inched up by 53% to 9.084 million twenty-foot equivalent units (TEUs) from 5.940 million TEUs a year earlier.