Saturday 23 February

PH container traffic surges 53% in Jan-Nov


The volume of cargo passing through the country’s ports jumped 53 percent to 9.08 million twenty-foot equivalent units (TEUs) in the 11 months to November last year on the back of strong domestic demand.

?The increase in container traffic, particularly domestic box volume, somehow cushioned the decline in foreign overall volume, specifically export traffic,? the Philippine Ports Authority said.

Foreign container traffic grew 23.25 percent to 4.361 million TEUs. Export containerized traffic went up 37 percent while import container traffic rose 10 percent.

Total cargo volume was almost flat at 227.312 million metric tons.

Passenger traffic increased by 4.31 percent to 64.874 million passengers.

Shipcalls, meanwhile, increased by 3.27 percent to 410,384.

Please follow and like us:

Tags: , , , , , , ,

Related Stories
Dutch brewing giant Heineken said Monday that profits jumped by a quarter in 2017, thanks
The two other ports weren't too far off their goals as well.
It's top priority as far as this government is concerned.
Ports and gaming tycoon Enrique K Razon said the Philippines must focus on improving public


Trending News

Recommended on sister sites

Copyright © 2019 Bilyonaryo - Latest news on the richest Filipinos and Family Business.