INCREASES IN CARGO HANDLING CHARGES

Pursuant to PPA Board Ex-Com Resolution No. 98-560, the following ports were granted upward adjustments in cargo handling charges in order to cushion the impact of the present economic crisis brought about by the devaluation of the Philippine peso and the subsequent increases in wages:

I. PDO Luzon 

	1. Terminal Port — Calapan	15%
	2. Baseport — Batangas	15%
	3. Baseport — Legazpi	12%
	4. Terminal Port — Tabaco	12.5%
	5. Terminal Port — Brooke’s Point	10%
	6. Terminal Port — Coron	15%
	7. Baseport — Puerto Princesa	15%
	8. Terminal Port — Pasacao	20%

II. PDO Visayas

1. Baseport — Dumaguete	15%
2. Baseport — Iloilo	15%
3. Baseport — Tagbilaran	15%
4. Baseport — Tacloban	15%

III. PDO Southern Mindanao

1. Baseport — Davao	15%
2. Baseport — Polloc	15%
3. Baseport — Zamboanga	15%
4. Baseport — General Santos	20%

IV. PDO Northern Mindanao

1. Baseport — Surigao

20%

V. Ro-ro rates under existing contracts, PPA Administrative Order No. 05-95 and other PPA issuances (except Batangas and Calapan) were, likewise, allowed a 20% increase.

VI. Ro-ro rates for new contracts will incorporate above increases only for cargoes that are handled by CH operators. Terminal charges for vehicles boarding ro-ro vessels shall be inclusive of cargo carried thereon.

The above increases in cargo handling charges shall be published in the national/local newspapers once a week for two (2) consecutive weeks at the expense of the cargo handling operators concerned and shall be effective on June 16, 1998.

VII. EFFECTIVITY — This Circular shall take effect immediately.

Adopted: 06 May 1998

(SGD.) CARLOS L. AGUSTIN
General Manager