PPA News & Events

PPA set to remit highest dividend in its entire corporate life to Nat’l coffers

13 MARCH 2018, MANILA—The Philippine Ports Authority (PPA) is set to remit more than P3 billion in dividend, its highest contribution to the National coffers since 1986.

The state-owned agency’s dividend for 2017 also eclipsed by at least 30% all the dividends it remitted to the government at least in the last decade, including its erstwhile record of P2.158 billion remitted in 2015.

PPA is mandated to remit 50% of its annual net income to the National Government after it was granted fiscal autonomy during the term of President Corazon C. Aquino.

Cruise tourism initiatives pay off as arrivals jump more than a 100 folds

5 MARCH 2018, MANILA—Philippine cruise ship arrivals posted unprecedented figures in the last 12 months capped by the simultaneous docking of cruise ships at the Manila’s South Harbor.

On Monday, the Manila South Harbor, managed and operated by Asian Terminals, Inc., registered the biggest number of cruise ships docked at the ports with four, namely, SuperStar Virgo of Star Cruises, Costa Atlantica of Costa Cruises, Amsterdam of Holland America Lines, and Silver Shadow of Silversea Cruises.

Philippine Ports Authority unveils new logo

29 JANUARY 2018, MANILA—The Philippine Ports Authority (PPA) on Monday, unveiled its new logo in its bid to transform the agency into a more transparent, reliable and model corporate organization.

The new PPA logo got the nod of the Office of the President through the National Historical Commission of the Philippines.

According to PPA General Manager Jay Daniel R. Santiago, the new logo will embody the vision of the PPA, which is to provide port services of global standards encompassing the three major islands of the country.

Ph container traffic soars 53% in Jan-Nov 2017

19 JANUARY 2018, MANILA—Philippine container traffic went up drastically in the first 11 months of the year anchored on robust shipping and trade atmosphere and heightened domestic demand.

The increase in container traffic, particularly domestic box volume, somehow cushioned the decline in foreign overall volume, specifically export traffic.

Latest data from the Philippine Ports Authority (PPA) showed that total container traffic for the period in review inched up by 53% to 9.084 million twenty-foot equivalent units (TEUs) from 5.940 million TEUs a year earlier.

PPA income inch-up 16% in 11 months

19 JANUARY 2018, MANILA—The Philippine Ports Authority (PPA) posted a 16% hike in its net income in the January to November 2017 period despite starting the year on a conservative mood.

PPA was able to achieve the feat through its sound financial condition and strong Philippine economic status despite having some concerns with the Philippine peso the entire year.

Latest data from the PPA showed that net income for the period in review reached P8.310 billion or some 16% higher than the P7.164 billion posted a year earlier.

PPA now FOI compliant, bags award

DECEMBER 15, 2017, MANILA—The Philippine Ports Authority (PPA) is now fully-compliant with the requirements of the Freedom of Information (FOI) reinforcing its earlier commitment to be fully transparent to the public.

The PPA has likewise received a recognition from the Presidential Communications Operations Office (PCOO), one of only three Government Owned and Controlled Corporations recognized by the PCOO along with the Authority of the Freeport Area of Bataan (AFAB) and the National Housing Authority (NHA).

PPA, employees’ union sign 3-year Collective Negotiation Agreement

NOVEMBER 23, 2017, MANILA—The management and the employees’ union of the Philippine Ports Authority (PPA) on Tuesday signed a fresh 3-year Collective Negotiation Agreement (CNA) paving the way for symbiotic relationship and top caliber service from the agency.

The PPA management, represented by General Manager Jay Daniel R. Santiago and PPA employees’ union Pambansang Tinig at Lakas sa Pantalan (PANTALAN) represented by national president Emiliano M. Esparaguera, Jr., signed the 6th CNA agreement.

Port of Manila leaps to 32nd spot among top 100 Container ports

OCTOBER 26, 2017, MANILA—The Port of Manila leaps 4 notches higher finishing at 32nd spot in the list of the 2016 top 100 container ports worldwide.

 

Manila also jumps one step higher to 22 in the list of Asian ports included in the top 100 container ports.

According to the list released by the Lloyd’s List, Manila was able to post very positive performance in 2016 due to the Philippines’ booming national economy that increased 6.8% from 5.9% a year earlier.

Manila port yard utilization remains healthy, ready for Christmas cargoes

MANILA, October 19, 2017—The Philippine Ports Authority (PPA) guarantees an efficient, congestion-free Manila ports as Christmas cargoes start to come in.

The state-owned agency said that Manila port utilization at the start of the last quarter of the year remains healthy and provide enough space for cargoes intended for the holiday season.