The Cebu Port Authority (CPA) will increase by 20% the cargo-handling rate for domestic cargoes calling the Port of Cebu.

CPA Memorandum Circular (MC) No. 06-2019, dated July 4 and effective from August 15, 2019, implements the tariff increase pursuant to CPA Board Resolution No. 723-2019, which was passed during the Cebu Port Commission’s meeting July 4. The MC notes that the proposed rates were also presented in a public hearing last June 14.

The across-the-board 20% increase in domestic cargo-handling tariff, includes cranage fee and excludes stevedoring charges.

Philippine Liner Shipping Association, whose members call Cebu Port, told PortCalls it had issued an advisory on July 15 to clients to meet the 30-day notice for new rates.

For the first quarter of 2019, the Cebu port handled 141,679 twenty-foot equivalent units of domestic containerized cargoes, 58% of the total containerized cargoes serviced by the port and 8% higher than the 131,083 TEUs handled in the same period in 2018.

READ: Cebu ports container volume up 12.6% in first quarter

Domestic non-containerized shipments, accounting for 79% of the total, rose 7.4% to 8.573 million metric tons (mt) in the first quarter from 7.980 million mt year-on-year.

In 2018, domestic containerized cargoes accounted for 60% of the total with 567,814 TEUs, which is 3.4% higher than the 548,910 TEUs serviced in 2017.

Domestic non-containerized cargoes, which contributed 77.5% of the total, recorded 33.845 million mt in 2018, or 7.7% up from 31.438 million mt in 2017.

You May Also Like

Grand, New World member-carriers form Asia-Europe alliance

Six international container shipping lines have agreed to create one of the largest vessel networks in the Far East-Europe trade lane. The comprehensive agreement…

Trade imbalance = outbound operations losses for carriers

SOME international shipping lines operating in the Philippines are losing on the outbound trade due to the trade imbalance. SITC Container Lines commercial manager…

Singapore Customs’ new strategic goods control rules take off November

Singapore’s Customs announced it will implement from early November changes to its policies on strategic goods control that will impact on the state’s strategic…

Changi Airport awards $799M deal for initial works on third runway

Singapore Changi Airport operator Changi Airport Group (CAG) said it has awarded to a joint venture a S$1.12-billion (US$799.37 million) contract for the first package…