The port’s growing viability as a key logistics node in Northern Luzon has also created around 3,200 jobs in the first half of 2025, PPMC added.
The earnings— derived from port leases, vessel and cargo fees, and government shares from port services—reflect growing commercial activity at the port and alignment with Philippine Ports Authority (PPA) rate standards to ensure competitiveness and regulatory compliance.
The Bases Conversion and Development Authority (BCDA), which oversees PPMC, hailed the achievement as a strategic boost to regional logistics and connectivity.
Major repairs, facility upgrades
“This performance affirms the potential of San Fernando International Seaport as a vital logistics and investment hub,” BCDA President and CEO Joshua M. Bingcang said in a statement. “As we continue to modernize our ports, we are opening more doors for trade, employment, and inclusive growth in the region.”
To support growth, PPMC has carried out major repairs and upgrades across the port estate from December 2024 to May 2025.
Key upgrades completed within the six-month period include refurbishment of port offices and facilities, replacement of rubber fenders and concrete curbs, conversion of lighting systems to LED, and upgrades to electrical infrastructure at Piers 1 and 2.
A new waste disposal system and janitorial maintenance scheme were also established, supported by technical assessments from third-party experts and benchmarking with the Subic Bay Metropolitan Authority.
Tariff structure revised
PPMC chair and OIC president and CEO Felix Racadio noted that the developments would spur further investments. “The rehabilitation and expansion of the San Fernando International Seaport will help drive opportunities for the local community in Northern Luzon. It will create jobs, attract new businesses, and enhance tourism,” he said.
In April 2025, the PPMC Board approved a revised tariff structure for cargo handling and port services after conducting public consultations. The new rates were scheduled to take effect on June 5, 2025, paving the way for more stable revenue streams.
Reinforcing its inclusive employment policy, PPMC mandated that at least 85 percent of port personnel be hired from the City of San Fernando and the Province of La Union.
Key logistics gateway for Northern Luzon
The San Fernando International Seaport was previously managed by Poro Point Industrial Corp. (PPIC), a joint venture formed in 1999 by BCDA, Poro Point Management Corp. (PPMC), and Bulk Handlers Inc.
After PPIC’s lease expired in October 2024 and the firm opted out of a proposed holdover deal, BCDA handed interim control of the port to PPMC effective Nov. 6, 2024, to keep operations running while preparing for a competitive bidding to select a new operator.
With improved facilities, a strong workforce engagement, and rising port viability, PPMC and BCDA expressed confidence that San Fernando International Seaport is poised to become a premier logistics gateway for Northern Luzon. —Ed: Corrie S. Narisma
