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Phividec Industrial Authority decreased the fuel surcharge adjustment that Mindanao Container Terminal may impose on applicable port service charges for the period November 10 to 16 following lower fuel prices
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The latest FSA is at 5.4
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The imposition of the FSA is subject to the terms and conditions prescribed under the implementing guidelines of PIA Resolution No. 3894
Phividec Industrial Authority (PIA) has decreased the fuel surcharge adjustment (FSA) that Mindanao Container Terminal (MCT) may impose on applicable port service charges for the period November 10 to 16, 2026.
The latest FSA is at 5.4%, lower than the 5.6% FSA from November 3-9, as the prevailing retail pump price of petroleum products in Mindanao for November 3-9 decreased, based on the latest available retail fuel price data issued by the Department of Energy.
Under PIA’s approved FSA computation framework, MCT has a fuel cost component equivalent to 6.1% of its authorized tariff.
READ: Mindanao Container Terminal fuel surcharge inches up to 5.4% for Oct 27-Nov 2
The imposition of the FSA is subject to the terms and conditions prescribed under the implementing guidelines of PIA Resolution No. 3894, according to PIA FSA Advisory No. 011 dated November 9.
The weekly FSA, which took effect in September, is based on PIA Board Resolution No. 3894 and Department of Transportation (DOTr) Department Order No. 2026-009, which allows port and terminal operators to implement an FSA mechanism to recover higher operating costs arising from rising fuel prices.
The measure follows Executive Order No. 110, which declared a state of national energy emergency amid risks to global oil supplies from the Middle East conflict and directed government agencies to implement measures to mitigate its impact.
MCT is located at the PHIVIDEC Industrial Estate, which is overseen by PIA. Mindanao International Container Terminal Services, Inc. has a concession agreement with PIA to operate and manage MCT.
Aside from PIA, the Philippine Ports Authority is also implementing the FSA mechanism under DO No. 2026-009 for cargo handling operators, terminal operators, and other service providers operating within ports under PPA’s jurisdiction. A similar fuel-based adjustment mechanism is also being implemented for harbor pilotage service providers operating within all PPA-administered ports and pilotage districts.
