The hike—the first of two tranches—is part of the 16% increase in tariff at Manila International Container Terminal (MICT) and Manila South Harbor under Philippine Ports Authority (PPA)Memorandum Circular (MC) No. 007-2024published on June 26.
Port operator Asian Terminals Inc. (ATI) earlier proposed a 16.55% upward adjustment in the cargo-handling tariff and other related and miscellaneous charges at Manila South Harbor while International Container Terminal Services, Inc. (ICTSI) petitioned for a 17% increase in cargo-handling tariff, excluding transshipment, for MICT. A virtual public hearing on their petitions was conducted by PPA on April 19.
Prior to the approval of the tariff adjustment, thePhilippine Exporters Confederation, Inc.(PHILEXPORT) asked PPA to defer the increase until the export industry has recovered from unstable market conditions.
Trade groups, including PHILEXPORT, had also opposed the increase, noting it was too high and would hurt the economy and the stakeholders already facing persistent inflation and a weak global economy. –Roumina Pablo
PPA Memorandum Circular (MC) No. 008-2024dated July 4 implementsMC No. 007-2024, which provides the 16% increase in cargo-handling tariff at Manila International Container Terminal (MICT) and Manila South Harbor as approved by the PPA Board under Resolution Nos. 3298 and 3299.
The upward adjustment will be implemented in two tranches, with the first tranche of 10% to take effect on August 6. The second tranche of 6% will be implemented not earlier than six months after effectivity of the first tranche.
Port operator Asian Terminals Inc. (ATI) earlier proposed a 16.55% upward adjustment in the cargo- handling tariff and other related and miscellaneous charges at Manila South Harbor while International Container Terminal Services, Inc. (ICTSI) petitioned for a 17% increase in cargo-handling tariff, excluding transshipment, for MICT. A virtual public hearing on their petitions was conducted by PPA on April 19.
Prior to the approval of the tariff adjustment, the Philippine Exporters Confederation, Inc. asked PPA to defer the increase until the export industry has recovered from unstable market conditions.
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