Cebu ports lift 6% more cargo in Jan

Cebu ports lift 6% more cargo in Jan
Cebu International Port. Photo courtesy of port cargo-handling operator Oriental Port and Allied Services Corporation.
  • Cargo handled by Cebu ports in January grew 6% year-on-year to 5.421 million metric tons
  • Container traffic increased 2.4% to 76,277 TEUs due to higher foreign volumes
  • Cebu Port Authority ports serviced 12,078 vessels in January 2024, up 7.4%
  • Passenger traffic rose 21.4% to 1.896 million while domestic rolling cargoes grew 7.7% to 143,798 units

Cargo handled by Cebu ports grew 6% in January to 5.421 million metric tons from 5.111 million mt for the same period last year, according to preliminary data from the Cebu Port Authority (CPA).

Domestic cargoes, which accounted for 80.6% of the total in January 2024, increased 4.1% to 4.367 million mt from 4.193 million mt in January 2023.

Foreign cargoes jumped 14.7% to 1.054 million mt from 918,585 mt. Cebu International Port (CIP) accounted for 37% or 393,262 mt of the total foreign cargoes.

Imports climbed 17.5% to 909,722 mt from 774,087 mt while exports dropped slightly by 0.2% to 144,231 mt from 144,498 mt in January 2023.

Container traffic advanced , with CPA ports handling 76,277 twenty-foot equivalent units (TEU) in January, 2.4% up from 74,498 TEUs in the comparable period due to higher foreign volume.

Foreign container volume improved 9% to 37,832 TEUs from 34,666 TEUs while domestic boxes declined 5.8% to 37,533 TEUs from 39,832 TEUs.

CPA ports serviced 12,078 vessels in January 2024, up 7.4% from the 11,244 vessels that called in the same month last year.

Domestic vessels, which account for majority of the ship calls, grew 7.5% to 12,007 from 11,167 in January 2023. Foreign vessel calls, on the other hand, dropped to 71 from 77 ships.

Passenger traffic reached 1.896 million in January, 21.4% up from the 1.562 million recorded in the same month last year.

Rolling cargoes, which are all domestic, rose 7.7% to 143,798 units from 133,474 units in January 2023.

CPA’s jurisdiction is composed of the Cebu baseport and its subports located in different points of Cebu. Cebu baseport is composed of CIP and the baseport-domestic zone, while subports include the ports of Mandaue, Danao, Sta. Fe, Toledo and Argao. – Roumina Pablo

READ: Cebu ports handle 1.84% more cargo in 2023