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Pursuant to PPA BoardCom Resolution No. 2009-1176 and confirmed by Board Resolution No. 2184, both adopted on 27 March 2009, the cargo-related (arrastre) handling tariff on foreign containerized and non-containerized cargoes at South Harbor (SH) and Manila International Container Terminal (MICT) are hereby adjusted as follows:

1^st Tranche

-

8% increase effective 30 days after publication of this Memorandum Circular

2^nd Tranche

-

7% increase effective 01 January 2010 (equivalent to a 15% total increase over the previous cargo handling tariff and the 2nd tranche shall not be compounded)

This Memorandum Circular shall take effect thirty (30) days after publication in a newspaper of general circulation.

Adopted: 30 Mar. 2009

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

[ PPA MEMORANDUM CIRCULAR NO. 05-2009, March 30, 2009 ]

TARIFF ADJUSTMENT ON CARGO-RELATED CHARGES FOR FOREIGN CONTAINERIZED AND NON-CONTAINERIZED CARGOES AT SH AND MICT

1^st Tranche	-	8% increase effective 30 days after publication of this Memorandum Circular
2^nd Tranche	-	7% increase effective 01 January 2010 (equivalent to a 15% total increase over the previous cargo handling tariff and the 2nd tranche shall not be compounded)