Cebu Port Authority logs 10.7% increase in cargo; boosts local economy

SunStar Publishing Inc.

THE overall output of the Cebu Port Authority , in terms of both inbound and outbound shipment for the first half of 2024, showed beneficial impacts on Cebu’s economy. Based on the CPA preliminary data from January to June, sea harbors in Cebu handled 36.219 million metric tons of cargo in 2024, which is 10.7 percent higher compared to the 32.717 million MT catered from the same period in 2023.Maryknoll Bolasa, CPA spokesperson, told SunStar Cebu in an interview on Monday, Aug.

5 percent in the first semester with 28.726 million MT, compared to the first half of 2023 with 26.476 million MT. Foreign cargoes also improved by 20.1 percent to 7.494 million MT from 6.240 million MT. Additionally, both export and import foreign cargoes surged by 4.1 and 22 percent, respectively.Exports rose from 735,741 MT to 765,674 MT, while imports improved from 5.505 million MT to 6.728 million MT.Ship calls inbound to Cebu ports showed a higher percentage in the first half of 2024 at 7.

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