Home » Breaking News, Maritime, Ports/Terminals » PH ports register 2.06% volume growth in Jan-Oct

The Port of Batangas is one of the top contributors to the Philippines’ foreign cargo traffic. Photo courtesy of terminal operator Asian Terminals Inc.

Cargo volume handled by Philippine ports in the first 10 months of 2018 rose 2.06% year-on-year as both foreign and domestic cargoes recorded increases during the period.

In its performance report for January to October 2018, the Philippine Ports Authority (PPA) said cargo volume reached 218.185 million metric tons (mt) from 213.772 million mt in the first 10 months of 2017.

Foreign cargoes, which accounted for 60.5% of the total, improved 2.13% to 131.976 million mt from 129.218 million mt. Imports went up 9.96% to 80.719 million mt from 73.407 million mt, while exports declined 8.16% to 51.257 million mt from 55.811 million mt last year.

PPA said high domestic demand continued to propel strong import growth while exports recorded a slowdown because of declining demand in merchandise and agricultural products.

The top contributors to foreign cargo traffic were the port management offices (PMOs) of Bataan/Aurora, North Luzon, Manila International Container Terminal, Davao, and Batangas.

Domestic cargoes, which contributed 39.5% of the total, grew 1.96% to 86.209 million mt in the period covered from 84.554 million mt in the first 10 months of last year.

PPA said the improvement in domestic cargoes reflected the continued strong momentum of trade activities in view of the approaching holiday season. Posting significant increases were the PMOs of Misamis Oriental/Cagayan de Oro, National Capital Region (NCR) North, Western Leyte/Biliran, Surigao, and Zamboanga.

Higher container traffic

In terms of container traffic, the total volume for the first 10 months of the year grew 7.89% to 6.237 million twenty-foot equivalent units (TEUs) from 5.781 million TEUs in the same period in 2017.

Foreign containers went up 7% to 3.685 million TEUs from 3.444 million TEUs, while domestic containers jumped 9.22% to 2.552 million TEUs from 2.337 million TEUs. Imports improved 8.41% to 1.887 million TEUs from 1.741 million TEUs, while exports grew 5.55% to 1.798 million TEUs from 1.704 million TEUs.

Passenger traffic also posted positive results, with numbers expanding 5.98% to 63.879 million passengers for the first 10 months of 2018 from 60.272 million in the same period last year. PPA said this was brought on by the influx of sea travellers to celebrate All Saints’ Day and All Souls’ Day, as well as by the increased traffic at the PMOs of Bohol, Negros Oriental/Siquijor, Western Leyte/Biliran, Surigao, and Zamboanga.

Meanwhile, cruise passenger traffic remained robust, increasing 75.14% to 138,694 from 79,189. PMOs with high cruise passenger traffic included those of NCR South, Panay/Guimaras, Surigao, and Batangas.

Higher shipcalls were also posted during the first 10 months of the year, with 389,355 vessels, 4.17% higher than 373,773 vessels logged last year. Domestic shipcalls grew 4.44% to 379,806 from 363,665 while foreign shipcalls dropped 5.53% to 9,549 from 10,108.

PPA said high domestic consumption contributed to the increase in vessel traffic, specifically for domestic vessels. PMOs with the highest registered shipcalls included Zamboanga, Eastern Leyte/Samar, Surigao, Mindoro, and Misamis Occidental/Ozamiz.

PPA general manager Atty. Jay Daniel Santiago, in a chance interview on November 21, said he is optimistic that volumes will continue to increase by the end of the year due to continuous high consumption, imports for the government’s infrastructure projects, and shipments related to the holidays.  – Roumina Pablo


No comments yet... Be the first to leave a reply!

Leave a Reply

Your email address will not be published. Required fields are marked *

1 × one =

Copy Protected by Chetan's WP-Copyprotect.