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PH Ports Accelerate 2022 Performance, Among Strongest In S.E Asia
Source: Philippine Ports Authority
19 June 2023
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Philippine ports continued to participate in economic globalization, advancing its development among countries in South East Asia as reflected in the latest data from Drewry Maritime Research, surpassing static volumes of other South East Asian peers.
The port strategy report shows that the Port of Manila was the only port in the region with a doubledigit growth compared to the the largest ports in the region with a decline in volumes and other ports in the region recording only single-digit increases.
One of the ways to measure the effectiveness of ports can be through Twenty-foot Equivalent Unit (TEU) which is the exact unit of measurement used to determine cargo capacity for container ships and terminals.