March 2015 portfolio international edition

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PORTFOLIO

INTERNATIONAL EDITION

ICTSI NEWSBREAK

ICTSI, partners launch LGICT

ICTSI revives Laguna inland container depot to support Metro Manila box market

International Container Terminal Services, Inc. (ICTSI), together with joint venture (JV) partners Transnational Diversified Corp. (TDG) and Nippon Container Terminals Co. Ltd. (NCT), launched the inland container depot (ICD) operations of the Laguna Gateway International Container Terminal Inc. (LGICT) in Calamba City, Laguna last 1 March. Attended by LGICT directors and representatives from the three JV partners, the soft opening of the 21-hectare ICD revived ICTSI’s ICD operations in Laguna. LGICT is a pivotal component of ICTSI’s efforts to boost its domestic capability, particularly in Southern Luzon. LGICT is part of ICTSI’s short-medium term plan to expand its flagship Manila International Container Terminal (MICT). As the country’s sole dedicated container terminal and leading international trading gateway, MICT’s annual throughput is about to reach two million 20-foot equivalent units (TEU). The ICD effectively increases MICT’s yard capacity by 10 percent, which translates to an additional 250,000 TEUs annually. ICTSI, in a disclosure to the Securities and Exchange Commission, described the LGICT as “strategically located near

various economic export zones with an already existing adjacent railroad.” “Of the said 21 hectares, four hectares have already been previously developed and available for immediate operations. Envisioned to be the first of its kind in magnitude and operations, the ICD will be developed as a 24/7 state-of-the-art facility with cutting edge terminal systems and equipment,” the disclosure added. As a regional logistics hub, LGICT will provide service and support to exporters and “importers both within and outside the economic zones in the CALABARZON area.” The LGICT, equipped with reach stackers, side lifters, prime movers, and soon, rubber-tired gantries, is the first one-stop ICD in Laguna. Located within 58 kilometers south of Metro

An artist’s perspective of a fully developed Laguna Gateway Inland Container Terminal.

MICT passes DOTC-OTS, US Coast Guard security audit

By Aris Palayad

ICTSI flagship Manila International Container Terminal (MICT) passed the recent port security assessment audit conducted by the Office of Transport Security of the Philippines Department of Transportation and Communications (DOTC-OTS) in coordination with the United States Coast Guard (USCG) last 20 February 2015.

the port facility and the ships, persons, cargo and ship stores located within the port facility against possible security threats and incidents within the 500-meter maritime exclusive zone.

In line with the Philippine DOTC-OTS and USCG Capacity Building Partnership project, the audit assessed the implementation of the overall security posture of MICT as embodied in the approved Port Facility Security Plan (PFSP). The PFSP is a security plan formulated based on the approved risk and vulnerability assessment. It is meant to ensure the implementation of measures that safeguard

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T h e O f f i c i a l P u b l i c a t i o n o f I n t e r n a t i o n a l C o n t a i n e r Te r m i n a l S e r v i c e s , I n c .


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March 2015 portfolio international edition by ICTSI PRO - Issuu