THE Bureau of Customs (BoC) needs to address congestion at the reefer yard utilization at the Manila International Container Port, with overcapacity raising theTHE Bureau of Customs (BoC) needs to address congestion at the reefer yard utilization at the Manila International Container Port, with overcapacity raising the

Refrigerated-container congestion crisis seen looming at Manila port

2026/02/08 20:04
Okuma süresi: 2 dk

THE Bureau of Customs (BoC) needs to address congestion at the reefer yard utilization at the Manila International Container Port, with overcapacity raising the threat of spoilage for refrigerated goods, the United Port Users Confederation of the Philippines (UPC) said.

In a letter to Customs Commissioner Ariel F. Nepomuceno on Feb. 3, UPC President Ma. Flordeliza C. Leong flagged the port’s reefer yard utilization rate.

“Operating at over 100% capacity in the reefer segment indicates that the facility has exceeded its designed electrical and spatial limits for temperature-controlled cargo,” she said.

According to a Customs report, reefer yard utilization at Manila International Container Port hit 105.98% on Feb. 2, while overall yard use stood at 81.99%.

By Feb. 6, utilization for refrigerated-container storage had eased to 95.87%, while overall utilization edged up to 82.15%.

Ms. Leong cautioned that power fluctuations and cooling shortfalls could compromise cargo integrity.

She also noted the risk of operational bottlenecks as saturated reefer yards force “double-handling,” slowing truck turnarounds, raising logistics costs for port users, spilling over into general operations.

The UPC urged authorities to fast-track reefer processing and clearance to ease congestion and to review overstaying units.

The group also pressed Mr. Nepomuceno to spell out contingency measures for the 5.98% excess volume at the reefer yard and called for full enforcement of Customs Memorandum Order No. 13-2019 on empty container returns.

Ms. Leong separately appealed to the BoC to order haulers to move empty containers to depots such as EMME Depot Hub in Binakayan, Cavite, which can hold up to 5,000 TEUs, at shipping lines’ expense.

“This can be a temporary or permanent solution for haulers and brokers currently reeling from the problems brought about by these unreturned containers,” she said. — Aubrey Rose A. Inosante

Piyasa Fırsatı
UPCX Logosu
UPCX Fiyatı(UPC)
$0.483
$0.483$0.483
+0.12%
USD
UPCX (UPC) Canlı Fiyat Grafiği
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen service@support.mexc.com ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

Wormhole launches reserve tying protocol revenue to token

Wormhole launches reserve tying protocol revenue to token

The post Wormhole launches reserve tying protocol revenue to token appeared on BitcoinEthereumNews.com. Wormhole is changing how its W token works by creating a new reserve designed to hold value for the long term. Announced on Wednesday, the Wormhole Reserve will collect onchain and offchain revenues and other value generated across the protocol and its applications (including Portal) and accumulate them into W, locking the tokens within the reserve. The reserve is part of a broader update called W 2.0. Other changes include a 4% targeted base yield for tokenholders who stake and take part in governance. While staking rewards will vary, Wormhole said active users of ecosystem apps can earn boosted yields through features like Portal Earn. The team stressed that no new tokens are being minted; rewards come from existing supply and protocol revenues, keeping the cap fixed at 10 billion. Wormhole is also overhauling its token release schedule. Instead of releasing large amounts of W at once under the old “cliff” model, the network will shift to steady, bi-weekly unlocks starting October 3, 2025. The aim is to avoid sharp periods of selling pressure and create a more predictable environment for investors. Lockups for some groups, including validators and investors, will extend an additional six months, until October 2028. Core contributor tokens remain under longer contractual time locks. Wormhole launched in 2020 as a cross-chain bridge and now connects more than 40 blockchains. The W token powers governance and staking, with a capped supply of 10 billion. By redirecting fees and revenues into the new reserve, Wormhole is betting that its token can maintain value as demand for moving assets and data between chains grows. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/wormhole-launches-reserve
Paylaş
BitcoinEthereumNews2025/09/18 01:55
Trump's Epstein confession revealed in newly surfaced FBI files: 'Everyone knows'

Trump's Epstein confession revealed in newly surfaced FBI files: 'Everyone knows'

An explosive new report has yet again undercut President Donald Trump's repeated denials that he knew of the late sex offender Jeffrey Epstein's crimes against
Paylaş
Rawstory2026/02/10 08:09
Trump sets a 15% growth target; Warsh's potential appointment as Fed head may increase pressure.

Trump sets a 15% growth target; Warsh's potential appointment as Fed head may increase pressure.

PANews reported on February 10th that, according to Jinshi, Trump stated that his nominee for Federal Reserve Chair could stimulate economic growth at a rate of
Paylaş
PANews2026/02/10 08:28