Vessels in port
ICTSI snaps up 50% control of Manila North Harbor Port
International Container Terminal Services Inc (ICTSI) will raise its stake in Manila North Harbor Port (MNHP) to 50% for nearly PHP1bn ($18.6m), local reports said.
Manila International Container Terminal Upgrades to N4 to Maintain Stake as Philippines’ Leading Terminal
Navis, a part of Cargotec Corporation and provider of operational technologies and services that unlock greater performance and efficiency for the world’s leading organizations across the shipping supply chain, announced that ICTSI – Manila International Container Terminal (MICT) has upgraded to N4 3.4. Transitioning to the newer version of the TOS is part of ICTSI’s plan to continuously invest in state-of-the-art infrastructure and equipment and strengthen its foothold as one of the most technologically advanced terminals serving the intra-Asia trade. MICT, located in the Philippines, is the busiest, largest and most modern container terminal in Manila, with an annual throughput of 2.28 million TEU. Under ICTSI’s management, MICT has more than tripled its annual capacity and throughput, expanded its cargo handling fleet and converted a manual control system to an integrated, real-time IT terminal control system. As a result of hitting the two million TEU mark last year, a company milestone, ICTSI announced an $80 million improvement project to further expand and modernize MICT. Part of the modernization project included implementing a TOS to meet the terminal’s needs as it continues to grow and service larger vessels carrying rising cargo volumes. N4 and its proven track record create a competitive advantage for MICT, enabling better and more efficient gate, yard, and vessel operations.
2 new giant cranes seen to improve ops at Manila Intl Container Terminal
Operations at the Manila International Container Terminal are set to be fast-tracked soon following the delivery of two new giant cranes, according to the Philippine Ports Authority (PPA). A report on GMA News’ “Balitanghali” on Sunday said that each crane is capable of unloading as much as 14,000 container units from a ship. Eight more rubber tire gantry cranes are expected to arrive in November, and two more quay cranes are set to arrive next year. Source: GMA NewsUpload News