Pursuant to PPA Board Resolution No. 2401 dated September 12, 2014 and the Memorandum from the Office of the President dated September 15, 2014, the new storage rates for overstaying foreign inbound containers that have been cleared and issued gate passes by the BOC for withdrawal is hereby approved, which are as follows:

New Storage Charge	11th day after Imported Containers are Cleared and Issued Gate Passes by the BOC for Withdrawal
20 footer	Php 5,000.00
35 footer	8,750.00
40 footer	10,000.00
45 footer	11,250.00

The new storage charges shall be applicable only at the Manila International Container Terminal, and the Ports of South Harbor, Batangas and Subic.

This Circular shall be effective 15 days after publication in national newspaper of general circulation.

For compliance.

(SGD) JUAN C. STA. ANA
General Manager