THE Department of Agriculture (DA) said two new deepwater ports in Mindoro and Zamboanga del Norte will specialize in agricultural products, with the aim of reducingTHE Department of Agriculture (DA) said two new deepwater ports in Mindoro and Zamboanga del Norte will specialize in agricultural products, with the aim of reducing

Mindoro, Zamboanga ports to be configured for agri trade logistics

THE Department of Agriculture (DA) said two new deepwater ports in Mindoro and Zamboanga del Norte will specialize in agricultural products, with the aim of reducing the cost of logistics for farm goods.

It said a port in Albay will also be rehabilitated to also facilitate the flows of such goods.

The two new port projects will receive P2 billion from the Philippine Fisheries Development Authority, while the Albay rehabilitation has been allocated P400 million.

The sites of the new ports are Abra de Ilog, Occidental Mindoro, and near Dipolog, Zamboanga del Norte.

The Albay project involves deepening Pantao Port to handle larger vessels.

Agriculture Secretary Francisco P. Tiu Laurel, Jr. told reporters at a briefing last week that the ports are expected to make transport more efficient for fertilizer and bulk agricultural products.

Mr. Laurel said Mindoro requires around 100,000 metric tons of fertilizer annually, which are transported through Metro Manila and Batangas before reaching the province via roll-on/roll-off vessels.

“With the new deepwater ports, imported fertilizer from China or Vietnam can be shipped directly to Mindoro, and agricultural products can be moved in larger vessels instead of small trucks,” he said.

The DA said construction of the two new ports is expected to begin before June, with full operations targeted by the end of 2027. The Albay port rehabilitation could be completed by mid-2027.

Mr. Laurel said the broader plan is to develop and construct up to 10 agri-focused ports, including five main ports and five auxiliary ports.

He added that the DA is also looking at constructing another agri-port in Batangas.

“Batangas is also a key area, but land for a port has not yet been secured. Most feed mills and poultry operations are in San Jose, and their products currently pass through a small port. If we can build another agri-port there, bulk shipments of soy, corn, wheat, and even cooking oil could go directly through it,” Mr. Laurel said. — Vonn Andrei E. Villamiel

Market Opportunity
AgriDex Logo
AgriDex Price(AGRI)
$0.00471
$0.00471$0.00471
0.00%
USD
AgriDex (AGRI) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

FBI says North Korea’s Kimsuky APT uses malicious QR codes to spearphish U.S. entities

FBI says North Korea’s Kimsuky APT uses malicious QR codes to spearphish U.S. entities

The post FBI says North Korea’s Kimsuky APT uses malicious QR codes to spearphish U.S. entities appeared on BitcoinEthereumNews.com. The FBI says Kimsuky APT, a
Share
BitcoinEthereumNews2026/01/10 02:55
Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?

Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?

Whales offload 200 million XRP leaving market uncertainty behind. XRP faces potential collapse as whales drive major price shifts. Is XRP’s future in danger after massive sell-off by whales? XRP’s price has been under intense pressure recently as whales reportedly offloaded a staggering 200 million XRP over the past two weeks. This massive sell-off has raised alarms across the cryptocurrency community, as many wonder if the market is on the brink of collapse or just undergoing a temporary correction. According to crypto analyst Ali (@ali_charts), this surge in whale activity correlates directly with the price fluctuations seen in the past few weeks. XRP experienced a sharp spike in late July and early August, but the price quickly reversed as whales began to sell their holdings in large quantities. The increased volume during this period highlights the intensity of the sell-off, leaving many traders to question the future of XRP’s value. Whales have offloaded around 200 million $XRP in the last two weeks! pic.twitter.com/MiSQPpDwZM — Ali (@ali_charts) September 17, 2025 Also Read: Shiba Inu’s Price Is at a Tipping Point: Will It Break or Crash Soon? Can XRP Recover or Is a Bigger Decline Ahead? As the market absorbs the effects of the whale offload, technical indicators suggest that XRP may be facing a period of consolidation. The Relative Strength Index (RSI), currently sitting at 53.05, signals a neutral market stance, indicating that XRP could move in either direction. This leaves traders uncertain whether the XRP will break above its current resistance levels or continue to fall as more whales sell off their holdings. Source: Tradingview Additionally, the Bollinger Bands, suggest that XRP is nearing the upper limits of its range. This often points to a potential slowdown or pullback in price, further raising concerns about the future direction of the XRP. With the price currently around $3.02, many are questioning whether XRP can regain its footing or if it will continue to decline. The Aftermath of Whale Activity: Is XRP’s Future in Danger? Despite the large sell-off, XRP is not yet showing signs of total collapse. However, the market remains fragile, and the price is likely to remain volatile in the coming days. With whales continuing to influence price movements, many investors are watching closely to see if this trend will reverse or intensify. The coming weeks will be critical for determining whether XRP can stabilize or face further declines. The combination of whale offloading and technical indicators suggest that XRP’s price is at a crossroads. Traders and investors alike are waiting for clear signals to determine if the XRP will bounce back or continue its downward trajectory. Also Read: Metaplanet’s Bold Move: $15M U.S. Subsidiary to Supercharge Bitcoin Strategy The post Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse? appeared first on 36Crypto.
Share
Coinstats2025/09/17 23:42
a16z targets AI and crypto after $15B fundraising year in 2025

a16z targets AI and crypto after $15B fundraising year in 2025

The post a16z targets AI and crypto after $15B fundraising year in 2025 appeared on BitcoinEthereumNews.com. Andreessen Horowitz (a16z) secured over $15 billion
Share
BitcoinEthereumNews2026/01/10 03:13