PPMC takes over interim operations of San Fernando seaport

The Bases Conversion and Development Authority (BCDA) has assigned Poro Point Management Corporation (PPMC) to temporarily manage the San Fernando Seaport in La Union following the expiration of the lease contract with its former operator, Poro Point Industrial Corporation (PPIC), on October 31, 2024.

BCDA President and CEO Joshua Bingcang highlighted the port’s critical role in supporting trade and economic activities in Northern Luzon. “The San Fernando Seaport is vital for jobs and livelihoods in the region. PPMC’s management ensures uninterrupted operations during this transition,” Bingcang said.

PPMC President and Chairman Felix Racadio signed a memorandum of agreement with BCDA, outlining responsibilities such as cargo handling, customs brokerage, warehousing, and maintaining port infrastructure. “We are committed to ensuring smooth operations and upholding the port’s vital role,” Racadio stated.

PPIC, which had managed the port for 25 years, declined a proposed three-month holdover authority. As a result, BCDA authorized PPMC to assume control on November 6, 2024.

Part of the 236.5-hectare Poro Point Special Economic and Freeport Zone, the San Fernando Seaport remains a cornerstone of La Union’s transport network, driving regional growth and development.