Pursuant to PPA Board Resolution No. 2034 dated September 6, 2005, a fifteen percent (15%) across-the-board interim increase in arrastre and stevedoring services on foreign and domestic cargoes was approved.

Said upward adjustment is a cost-recovery measure due to the impact of economic disturbance caused by the tremendous increase in salaries and wages, fuel and power. The increase in CH rates covers all CH operators nationwide except at Manila South Harbor and MICT. The increase for the Manila North Harbor is deferred.

The Commercial Services Department shall within fifteen (15) days from date of issuance of this Circular, make the necessary adjustments in the existing cargo handling tariffs of all cargo handling operators except at South Harbor, MICT and North Harbor.

This Circular shall take effect fifteen (15) days after the completion of its publication in at least two (2) newspapers of general circulation.

Adopted: 13 Oct. 2005

(SGD.) ATTY. OSCAR M. SEVILLA
General Manager