
First half results indicate a potential banner year for Philippine container trades, with volumes up double-digits and no sign of a return to port congestion in Manila.
Last month, Philippine Ports Authority (PPA) said it would need to revisit its cargo volume forecasts for 2017 following strong growth in imports and a resilient domestic market. From January to May, container throughput at the country’s ports reached 2.9m teu, up 14% year-on-year.
And port operator Asia Terminals Inc (ATI) enjoyed a busy six ...
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