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.
MARCH 21, 2017, MANILA—The Philippine Ports Authority (PPA) is overhauling its growth forecast for this year despite registering a banner year in 2016.
The state-owned corporation now anticipates growth to be nominal this year from the previous year’s exponential growth due to vital developments over the past two months.
PPA General Manager Jay Daniel Santiago explained that the tapered expectation is attributable to the continuing volatility of the Philippine currency as well as the expected drop in the operation of the mining industry in the Philippines.
FEBRUARY 27, 2017, MANILA—The Philippine Ports Authority (PPA) posted a P6.159 billion net profit for calendar year 2016, beating the target by 165% or P3.836 billion.
PPA was able to achieve the feat with the strong figures coming from lay-up fees, Ro-Ro fees, berthing fees and remittances from Asian Terminals, Inc.
Compared to the year-ago level, the 2016 figure is 8% better against the P5.705 billion registered in 2015.
FEBRUARY 8, 2017, MANILA—Philippine exports sustained its strong performance in 2016, propelling the country’s cargo volume higher by 12% compared to its year-ago level.
Export cargoes comprise 49% of the total cargo volume handled by the different ports nationwide. It increased by 23% for the entire 2016 period from 60.855 million metric tons (mmt) to 74.822 mmt registered a year earlier.
Import volume, on the other hand, contributed 51% to the total after posting a 4% increase to 76.781 mmt from 73.765 mmt in 2015.
FEBRUARY 2, 2017, MANILA—The Philippine Ports Authority (PPA) is revisiting its Roll on-Roll off (Ro-Ro) Port System in order to maintain its viability to the trade and tourism sector, more than a decade after its inception.
It is also a response of the agency to the call from the private sector, specifically Ro-Ro operators, to improve the facilities amid their initiatives to modernize the country’s fleet.
JANUARY 31, 2017, MANILA—The Philippine Ports Authority (PPA) has empowered Asian Terminals, Inc.-Batangas (ATI-B) to manage the berthing assignments in Batangas Port Phase 1, one of the country’s busiest passenger terminal.
ATI-B is the operator of Batangas Port Phase 1 as well as the cargo handling service provider of Phase II or the international container terminal of the same port.