Philippines' Asian Terminals Inc. Secures 25-Year Extension of Manila South Harbor Concession

en.Wedoany.com Reported - On November 12, Asian Terminals Inc. (ATI) of the Philippines signed a concession renewal agreement with the Philippine Ports Authority (PPA), obtaining a 25-year extension of the operating and development rights for Manila South Harbor. The new term begins after the existing contract expires in May 2038 and runs through May 2063. ATI will continue to be responsible for port operations and subsequent facility development, with future investment priorities including berth expansion, energy-efficient cargo handling equipment, automated systems, and digital operations facilities.

Manila South Harbor is located in the port area of Manila, the Philippine capital, and is an important international cargo gateway for the country. The container terminal operated by ATI has 6 container berths with a total quay length of 1,185 meters, equipped with 11 quay cranes, 28 rubber-tyred gantry cranes, 72 yard transfer vehicles, and a container freight station, with an annual container handling capacity of approximately 1.4 million TEUs. The port also has a general cargo terminal that handles loading and unloading, warehousing, and other port services for international cargo vessels, and receives international cruise ships through the Eva Macapagal Passenger Terminal.

This renewal continues the long-term concession partnership between ATI and the Philippine Ports Authority. The Philippine Ports Authority first awarded ATI a 25-year management, operation, and development contract for Manila South Harbor in 1988, and extended it by another 25 years in 2007, bringing the existing operating term to May 18, 2038. ATI submitted a new renewal application in December 2025, and the agreement signed this time extends the operating term through 2063.

During the new operating period, ATI plans to expand terminal capacity in line with cargo volume growth and the needs of shipping customers, upgrade to more energy-efficient cargo handling equipment, add automated operation processes, and deploy digital operations systems.