PPA’s 2016 profit exceeds target by 165%

The Philippine Ports Authority (PPA) posted a P6.159-billion net profit for calendar year 2016, beating the target by 165% or P3.836 billion. PPA, in…

PPA Jan-Nov profit overshoots target by 70%

The Philippine Ports Authority (PPA) posted a 17% hike in net profit in the first 11 months of 2016, anchored on its strong financial…

Tug assistance is optional, PH ports agency clarifies

The Philippine Ports Authority (PPA) said it did not completely suspend the tug assistance requirement but only made it optional in most cases and…

Cargo utilization, yard productivity high at MICT, South Harbor

Cargo utilization at the Philippines’ two main gateways—Manila International Container Terminal and Manila South Harbor— as of December 19 remain healthy at 60%, according…