TIM eMagazine Issue 1 | Page 17

TIM eMagazine Vol.1 Issue 1 Port charges, vessel handling fees in Port of Batangas reduced MANILA, Philippines -- The Philippine Ports Authority (PPA) on Sunday announced that the Office of the President has given the green light for the reduction of port charges and other vesselhandling related fees at the Port of Batangas and that paid by port operator International Container Terminals Services, Inc. (ICTSI). T he move is to attract more direct callers and port users to utilize Batangas Port while incentivizing Manila International Container Terminal (MICT) operator ICTSI for its share in de-clogging the Ports of Manila. For direct callers of Batangas, they can enjoy a 90 percent discount on port dues from the existing fee of USD0.081 per gross revenue ton (GRT) per day to only USD0.008 per GRT per day as well as a 90 percent cut in dockage-at-berth from USD0.039 per GRT to only USD0.004 per GRT per day. 17