THE PHILIPPINE Ports Authority (PPA) has allowed Manila North Harbour Port, Inc. (MNHPI) to increase its cargo-handling rates by 24% over the next three years.
The mere mention of Tondo evokes a feeling of fear in the hearts of many. The feeling is not without basis. After all, Tondo is notorious for being a haven for lawless elements, for criminal syndicates, street children, squatter shanties. The image may sound unfair, but that is the perception and that is difficult to change. Not even Manila North Harbor in Tondo was spared from this perception. Dilapidated structures, grubby facilities, and thugs and pickpockets in every corner of the port prying on travel-weary passengers are common sights in the country’s oldest and busiest domestic port. But North Harbor is transforming into a modern port that can rival those that can be found in other more developed countries. Manila North Port, formerly North Harbor, is getting a lot of people excited. First, it now offers a modern, more convenient and safer sea travel. Second, it gives businesses a big boost in product mobility. Third, it provides employment opportunities especially to the people of Tondo. Fourth, it gives the country a better standing in international port operations and expectantly more opportunities for investors. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 Manila North Port is a new and modern passenger terminal located in an 11,600 sq.m. area situated between Piers 4 and 6. It can accommodate more than 3,000 passengers at any given time. The world-class terminal can handle some two million passengers annually, which is double the current annual capacity of the old port terminal. It is a Read More …
MANILA, Philippines – The volume of cargo shipped in and out of the Philippines grew 5.3 percent in the first half, mainly driven by the continued expansion of the local economy according to data from the Philippine Ports Authority (PPA). Total cargo volume reached 97.96 million metric tons (MT) from January to June or 4.93 million higher than the 93.03 million MT recorded in the same period last year. Cargo shipped within the Philippines rose 8.2 percent to 40.77 million MT, while cargo shipped in and out of the country climbed 3.34 percent to 57.18 million MT. Private ports handled 58.5 million MT, accounting for 59.7 percent of the total cargo volume, while government-run ports handled 37.5 million MT for a share of 40.3 percent. PPA general manager Juan Sta. Ana attributed the increase in cargo volume to the expansion of the country’s domestic output as measured by the gross domestic product (GDP) by 7.6 percent in the first semester, from 6.4 percent in the same period a year ago. For the second quarter alone, the country’s GDP grew 7.5 percent from 6.3 percent in the same period last year. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 Sta. Ana also traced the improvement to the increase in cargo volume handled in 16 port management offices (PMOs). The port of Tagbilaran booked the highest growth of 49.7 percent followed by Legazpi with 46.3 percent due to the increase in domestic shipment of aggregates, heavy equipment and construction materials and Read More …