Together we make things happen - Philippine Ports Authority

More documents

Recommendations

Info

S H I P P I N G a n d T R A D E P E R F O R M A N C EPhilippine Ports Authority • Annual Report 2008 Port of Davao
Cargo, Passenger and Ship Call TrafficCargo (in MT)The lingering global recession which resulted in a slowing down ofthe Philippine economy took its toll in the volume of port business.Total cargo throughput during the year dropped by 7.32% or11.53 million metric tons (MMT), considerably lower than in2007 - indicative of a slump in the inflow and outflow of goodspassing through the country’s ports. Domestic cargo was down by2.58 MMT or 3.46% while foreign cargoes contracted by 8.95 MMTor 10.80%.The export cargo was adversely affected by the global downturn,losing as much as 6.90 MMT or 20.66% during the year while importcargo slipped by about 2.05 MMT or 4.14%. The lower demand forprime export commodities such as mineral ores, nickel ores, lime,cold rolled coils and coco oil, etc. was evident in the sharp decline offoreign cargo throughput at the following Port Management Offices(PMOs): Cagayan de Oro - 4.03 MMT; Surigao - 4.14 MMT; Dumaguete- 0.18 MMT; Nasipit - 0.61 MMT; and Tagbilaran - 0.046 MMT, amongothers. Meanwhile, domestic cargo skidded in 13 of the 23 PMOs, withsignificant losses recorded at Cagayan de Oro - 0.96 MMT or 18.54%;Batangas - 0.73 MMT or 11.12%; and Davao - 0.40 MMT or 10.14%.Notwithstanding the overcast economic climate, 9 PMOs maintainedtheir resiliency and posted positive growth during the year, namely:PMOs San Fernando, Calapan, Legaspi, Puerto Princesa, Iloilo,Pulupandan, Tacloban, Davao and General Santos. In particular,Manila International Container terminal Services, Inc. (MICT)maintained its record of positive growth with a cargo volume of17.25 MMT handled which is about 1.49 MMT or 9.46% higher thanthe previous year.Container (in TEUs)Containerized cargoes proved to be a bright spot this year, reachinga total of 4.09 million TEUs (twenty foot equivalent units), a modest2.34% improvement from last year. The contraction in domesticcontainerized cargoes was offset by the 5.85% growth in foreigncargoes handled. Of the total volume of containers handled inPhilippine Ports Authority • Annual Report 2008
Page 1 and 2: A N N U A L R E P O R TTogether we
Page 3 and 4: Vision“To meet the international
Page 5: manageable through needed reforms,
Page 9 and 10: p o r t s e r v i c e sPort of Dava
Page 11 and 12: p o r t s e r v i c e sCertificate
Page 13 and 14: PPA’s Capital Expenditure Program
Page 15 and 16: P h ys i c a l I n f r a s t r u c
Page 17 and 18: ExpendituresOperating Expense which
Page 19 and 20: Safety, Security and Environment Pr
Page 21 and 22: S u s ta i n a b i l i t y ,E n v i
Page 23 and 24: S u s ta i n a b i l i t y , E n v
Page 25 and 26: S u s ta i n a b i l i t y , E n v
Page 27 and 28: u s i n e s s r e s u lt sb u s i n
Page 29 and 30: O N G O I N G L O C A L L Y F U N D
Page 31 and 32: P A S S E N G E R T R A F F I CBy P
Page 33 and 34: N U M B E R O F C O N T A I N E R S
Page 35 and 36: f i n a n c i a l s tat e m e n t s
Page 37 and 38: B A L A N C E S H E E TDecember 31,
Page 39 and 40: S T A T E M E N T O F C H A N G E S
Page 41 and 42: N O T E S T O F I N A N C I A L S T
Page 43 and 44: Depreciation is computed based on t
Page 45 and 46: 11. INVESTMENTS IN SECURITIESThis a
Page 47 and 48: Government Contribution to the Auth
Page 49 and 50: 39. MAINTENANCE AND OTHER OPERATING
Page 51 and 52: 47. PENDING LAWSUITSThe Authority i
Page 53 and 54: Members51
Page 55 and 56: (L -R)Atty. Oscar M. SevillaGeneral
Page 57 and 58:
N E W A P P O I N T M E N T SMr. Le
show all

Together we make things happen - Philippine Ports Authority

Create successful ePaper yourself

Delete template?

Save as template?