ATI sees positive signs of trade recovery in March

March 11, 2020

Listed port operator Asian Terminals Inc. (ATI) is seeing signs of trade improvement headed into mid-March after a sluggish February triggered by a regional holiday and Covid-19 disruption.

Manila South Harbor has experienced signs of improvement compared to the latter part of February with vessel calls, especially those from Chinese ports, starting to pick up. Inbound and outbound container flows have likewise sped up pace, with more container inventories recorded at the terminal.

The same positive improvement trend has been observed in Batangas port.

The port operator noted that ports in China have also resumed operations, which is consistent with the pattern observed in ATI, coming off a sluggish start after the Chinese New Year, traditionally a lean season for global trade.

ATI hopes that the cargo uptrend continues. It also underscored that both its international gateway terminals in Manila and Batangas are business as usual, with contingency measures in place to ensure unimpeded cargo flow and the safety of its stakeholders.