CONTAINER volume increased 3.5 per cent year on year in the first quarter of 2021 to 1.77 million TEU data through the facilities of the state-run Philippine Ports Authority (PPA), reported the Manila Standard.
PPA remitted PHP17.17 billion (US$35.6 million) in dividends to the Treasury last year, a 108 per cent increase compared to the full-term remittances during the previous administration that only totalled PHP8.27 billion over six years.
The PPA said quarterly cargo throughput grew five per cent to 54.85 million tonnes year on year. Domestic cargo dropped 0.2 per cent to 22.06 million tonnes, while foreign cargo rose 2.2 per cent to 32.83 million tonnes.
Data showed that passenger traffic fell 68 per cent to 5.19 million in the first quarter from 16.58 million passengers in the same period last year. Roll-on roll-off traffic dropped to 1.61 million from 1.82 million units last year.
The number of ship calls in the first quarter totalled 85,140, down from 119,774 year earlier. Domestic ship calls totalled 83,546 while foreign ship calls reached 2,594.
PPA general manager Daniel Santiago earlier said the agency posted a three per cent increase in net income in the first quarter.
Mr Santiago said the increase suggested that economic activities were rebounding from the effects of the pandemic.
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PPA remitted PHP17.17 billion (US$35.6 million) in dividends to the Treasury last year, a 108 per cent increase compared to the full-term remittances during the previous administration that only totalled PHP8.27 billion over six years.
The PPA said quarterly cargo throughput grew five per cent to 54.85 million tonnes year on year. Domestic cargo dropped 0.2 per cent to 22.06 million tonnes, while foreign cargo rose 2.2 per cent to 32.83 million tonnes.
Data showed that passenger traffic fell 68 per cent to 5.19 million in the first quarter from 16.58 million passengers in the same period last year. Roll-on roll-off traffic dropped to 1.61 million from 1.82 million units last year.
The number of ship calls in the first quarter totalled 85,140, down from 119,774 year earlier. Domestic ship calls totalled 83,546 while foreign ship calls reached 2,594.
PPA general manager Daniel Santiago earlier said the agency posted a three per cent increase in net income in the first quarter.
Mr Santiago said the increase suggested that economic activities were rebounding from the effects of the pandemic.
SeaNews Turkey