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Cebu Port cargo rises in first quarter

Photo: CPA

Cargo throughput handled by Cebu ports in the Philippines expanded 11.24% to 8.038 million metric tons for the first quarter compared with the 7.226 million tons recorded in the same quarter last year.

Of the total, domestic cargo accounted for 72.4% or 5.821 million tons, according to data provided by the Cebu Port Authority (CPA). This is 12.16% higher than the 5.19 million tons posted year on year.

Foreign cargoes contributed 27.6% of the total with 2.218 million tons, an 8.9% increase from 2.037 million tons last year.

For the same period in review, container traffic grew 8.5% to 166,699 TEUs from 153,696.5 TEUs. Accounting for 60.6% of the total container traffic were domestic boxes reaching 101,075 TEUs, 11.7% more than the 90,460 TEUs handled last year.

The volume of foreign boxes, which represented 39.4% of the total, rose 3.8% to record 65,624 TEUs from 63,236.5 TEUs processed in the same period in 2018.

 

Source: JIFFA

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