PPA News & Events

PPA net profit jumps 17% to P7.16 billion, eclipses target by 70% as of end November 2016

JANUARY 17, 2017, MANILA—State-owned Corporation Philippine Ports Authority (PPA) posted a 17% hike in net profit in the 11-month period of 2016 anchored on the strong financial performance of the agency during the last five months.

The accumulated amount was also significantly higher compared to the target for the entire 11-month period in 2016.

The PPA was able to achieve such financial stability despite the continuing slide in the foreign exchange rate and other external factors affecting the strength of the Philippine peso.

Strong import volume bumps Ph cargo throughput higher by 6% as of October

JANUARY 12, 2017, MANILA—The country’s import sector maintains its strong performance bumping Philippine cargo throughput higher by 6% as of October 2016.

The continuing strong performance by the sector is anchored on the high demand of imported consumer products including Christmas goods and foodstuff.

Passenger volume is also on the rise due to the increasing cruise ship arrivals in the Philippines bringing in more tourists resulting in a high double-digit growth in foreign passage traffic.

New multipurpose Maritime Center breaks ground in Ilo-Ilo

JANUARY 11, 2017, MANILA—The maritime community within and along the Panay island is getting a new boost after a multipurpose Maritime Center breaks ground at the heart of Iloilo City.

Set to be a one-stop shop for the maritime community, the venture is set to be completed within the second quarter of the year, which include among others, a four-storey building with roof deck and elevator including perimeter fence, driveway, parking area and soft scope.

PPA ready for the Holidays all the way to the Chinese New Year

DECEMBER 19, 2016, MANILA—With only five days to go before the Philippines celebrates Christmas and 13 days away from the New year, Philippine ports remain efficient and productive despite the influx of Christmas cargoes.

PPA General Manager Jay Daniel R. Santiago, however, continues to urge the cargo owners not to relax in the cargo withdrawals and continue to take advantage of the Truck Appointment and Booking System in order to have a very smooth turnaround time for the country’s foreign cargoes.

PPA revives push to ratify IMO FAL Convention

DECEMBER 8, 2016, MANILA—The Philippines, through the Philippine Ports Authority (PPA), is reigniting plans to adopt the Facilitation of the International Maritime Traffic Convention of 1965 or popularly known as the FAL Convention.

The PPA led the crafting of the ratification papers in 1996 with the Philippine Coast Guard, Maritime Industry Authority, the Department of Foreign affairs, among others, for the convention but has not been ratified in Congress the past two decades.

Philippines urges APA to exploit MSR to expand trading base

NOVEMBER 17, 2016, MANILA—The Philippines is urging the member nations of the Asean Ports Association (APA) to align their policies and port infrastructure improvements to take advantage of China’s Maritime Silk Road (MSR).

Speaking before the delegates of the 42nd APA Main Meeting hosted by the Philippine Ports Authority (PPA), Transport Secretary Arthur P. Tugade said the MSR offers immense growth opportunities as it allows APA members to expand its trading base aside from the traditional markets like the USA, Japan, China, Australia and India.

Philippines hosts Asean Ports Association meeting

NOVEMBER 10, 2016, MANILA—The Philippines, through the Philippine Ports Authority (PPA), is hosting the 42nd Meeting of the ASEAN Ports Association (APA) on November 15-16, 2016.

The event, which will be held at the Solaire Resorts Hotel located at the country’s Entertainment City in Parañaque, is expected to be attended by the top port executives and decision makers from the member nations of the APA.

Exports spur growth in Ph total cargo throughput in Jan-Sept period

NOVEMBER 2, 2016, MANILA—Philippine exports posted the highest growth percentage in cargo volume pulling up the country’s total cargo throughput higher by 9% in the first 9 months of the year.

Latest data from the Philippine Ports Authority (PPA) showed that throughput reached 183.730 million metric tons (mmt) as compared to the 168.074 mmt registered in the same period last year.

PPA GM Santiago inspects ports ahead of Halloween break

OCTOBER 25, 2016, MANILA--Philippine Ports Authority (PPA) General Manager Jay Daniel R. Santiago today visited the Ports of Batangas and Calapan, two of the country's busiest passenger terminals, as part of PPA's Oplan Ligtas Biyahe -- Undas 2016 to guarantee safety, comfort and convenience of passengers while inside the terminals while waiting for their scheduled trips. Free Wi-Fi is also provided in 67 terminals nationwide making PPA ports more passenger-friendly. Santiago is also set to visit the North Port, the country's premiere domestic port, this Thursday.

Truck Booking System bumps Port Authority income by 16%

OCTOBER 24, 2016, MANILA—Net income of the Philippine Ports Authority (PPA) soared in the first nine months of the year despite the continuing drop in storage fees due to the introduction of the terminal truck appointment and booking system (TABS) early this year.

Latest data from the PPA showed that all aspects of its revenue sources posted significant increases coupled with the modest decline in total expenses.