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