ICTSI wins concession in Port of Melbourne, Australia

May 2014
The Official Publication of International Container Terminal Services, Inc. • International Edition
ICTSI wins concession in
Port of Melbourne, Australia
I N T E R N AT I O N A L E D I T I O N
Directory
ICTSI Global Operations
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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 .
International
Container Terminal
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M AY 2 0 1 4
Contents
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6
8
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9
10
12
ICTSI wins concession in
Port of Melbourne, Australia
ICTSI consolidates
port operations in Yantai
ICTSI receives 3 corporate
governance awards
PICT board holds
annual meetings
Spotlight
Ship Ahoy!
Level Up
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7
8
8
9
11
Port of Melbourne, Australia
International
Container Terminal
Services, Inc.
ICTSI 1Q 2014 income
up 29% to US$52.4 million
PICT cited for best practices
in occupational safety
PICT holds
annual general meeting
Do Good
Meets and Greets
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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I N T E R N AT I O N A L E D I T I O N
ICTSI Newsbreak
ICTSI wins concession in Port of
Melbourne, Australia
International Container Terminal Services, Inc. (ICTSI), through its Australian subsidiary, Victoria International Container
Terminal Ltd. (VICTL), has signed a contract in Melbourne with the Port of Melbourne Corp. (POMC) for the design, construction,
commissioning, operation, maintenance and financing of the Terminal and Empty Container Park (ECP) at Webb Dock East in the
Port of Melbourne.
VICTL is 90 percent owned by ICTSI through ICTSI Far East Ltd.,
a wholly owned subsidiary, and 10 percent by Anglo Ports Pty Ltd.
(Anglo Ports).
The contract grants VICTL the rights to design, build and
commission the new terminal at berths Webb Dock East 4 and Webb
Dock East 5; design, build and commission the new ECP at Webb
Dock East; and operate the Terminal and ECP until 30 June 2040.
“We are excited with this new concession that marks a milestone
for us, it being our first concession in Oceania. We plan to introduce
leading edge technologies that will consistently deliver high levels of
port performance. We are equally pleased to have a partnership with
the Port of Melbourne whom, we would like to mention, conducted
the entire tender process with efficiency and transparency,” says
Christian R. Gonzalez, ICTSI Head of the Asia-Pacific region.
VICTL’s development scheme for the Webb Dock Container
Terminal utilizes the best-proven technologies and innovations to
deliver fully-automated operations from the gate to the quay side.
Phase 1 of the terminal, to be ready for operation by 31
December 2016, will have two berths of 660 meters in total fitted
with three post-Panamax ship-to-shore cranes, 23.7 hectares of yard
and off-dock area with fully automated operations from the gate to
the quayside to deliver an estimated capacity of 350,000 TEUs. The
Terminal will be able to handle vessels of up to 8,000 TEU capacity.
The ECP will be approximately 10 hectares, and will have a capacity
of approximately 200,000 TEUs.
Phase 1 construction of the Terminal and the ECP is expected to
commence in the fourth quarter of 2014.
Phase 2 of the Terminal, to be ready for operation by 31
December 2017, will have five post-Panamax ship-to-shore cranes
with a total area of 35.4 hectares.
When fully developed and as required by volume growth, the
Terminal will have six post-Panamax ship-to-shore cranes, and will
be able to handle up to 1.4 million TEUs annually, while the ECP will
have a capacity of 280,000 TEUs.
Investment for the development of the Webb Dock Container
Terminal and ECP is estimated at approximately AUD439 million
(USD407 million) for Phase 1 and 2. An additional investment of
AUD109 million (USD101 million) is estimated to increase the
capacity of the Terminal to 1.4 million TEUs.
Apart from its commitment to optimize the Terminal’s capacity,
VICTL is likewise committed to support community initiatives
throughout the term of its operations at Webb Dock. Moreover, up
to 200 jobs will be created once the Terminal will be operating near
its capacity.
Located in the capital of the State of Victoria, the Port of
Melbourne is the largest container and general cargo port in Australia.
It has grown with the city of Melbourne, and now has around 3,200
commercial ship calls per year, and handles over 2.5 million TEUs
annually.
Concession signing (from left): Nick Easy, Port of Melbourne Corp. Chief Executive Officer, Capt. Richard Setchell, Anglo Ports Chairman, Christian R.
Gonzalez, ICTSI Head of Asia-Pacific Region, and Hon. David Hodgett, Government of Victoria Minister of Ports and Major Projects.
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International
Container Terminal
Services, Inc.
M AY 2 0 1 4
Port of Melbourne,
Australia
The Port of Melbourne, Australia’s busiest seaport, is
located at the mouth of the Yarra River and Port Melbourne in
Melbourne, Victoria. The Port handles more than US$75 billion
in trade annually and over 40 percent of Australia’s container
trade. The Port consists of Victoria Dock, Appleton Dock, South
Wharves, Swanson Dock, Maribyrnong Berth, Yarraville Wharves,
Holden Oil Dock, Webb Dock and Station Pier.
Melbourne, on the other hand, is a highly diversified economy
with focus on finance, manufacturing, research, IT, education,
logistics, transportation and tourism. It is headquarters for many
of Australia’s largest corporations, including ANZ, National
Australia Bank, Telstra and BHP Billiton, the world’s largest mining
company. Melbourne is an important financial center and is the
second largest industrial center in the country.
The State of Victoria is the second largest economy in
Australia after New South Wales, accounting for a quarter of the
nation’s gross domestic product. Finance, insurance and property
services form Victoria’s largest income producing sector, while
the community, social and personal services sector is the state’s
biggest employer. (Source: Wikipedia)
(Source: Google Earth)
Illustrations show an artist’s perspectives of the Victoria International
Container Terminal. Once fully developed, the Terminal will have six
quay cranes and will have a capacity of 1.4 million TEUs while the Empty
Container Park will have a capacity of 280,000 TEUs.
Photo shows Mr. Gonzalez (far right) explaining VICTL’s planned
innovations to Minister Hodget (3rd from left). Looking on are Mr. Easy
(far left) and Capt. Setchell.
(Source: Wikimedia.org)
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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I N T E R N AT I O N A L E D I T I O N
ICTSI Newsbreak
ICTSI consolidates port
operations in Yantai
ICTSI buys 51% of DP
World unit to handle
foreign cargo
The Ministry of Commerce of Shandong Province, People’s Republic of China, has approved International Container Terminal
Services, Inc. (ICTSI) to acquire 51 percent of DP World Yantai Co. Ltd, a company owned by Dubai-based port operator DP
World through subsidiary DP World China (Yantai) Ltd. With ICTSI’s purchase, DP World Yantai was renamed Yantai International
Container Terminals Ltd. (YICT).
The government approval is in line with the consolidation and
optimization of overall port operations within the Zhifu Bay port area
in Yantai.
DP World retained 12.5 percent equity interest in YICT, while the
government, through Yantai Port Holdings Co. Ltd. (YPH), holds the
remaining balance of 36.5 percent. YICT is the sole foreign container
terminal in the port, with ICTSI as the majority shareholder.
DP World Yantai was a sino-foreign equity joint venture company
between Yantai Port Group Co. Ltd., YPH and DP World China
operating a container, bulk and roll-on-roll-off cargo terminal, and
managing bonded warehousing and short-distance transport within
the area of the Yantai Port.
The new YICT operates Berths 51, 52, 61 and 62 within the Yantai
Port with a total land area of 76.7 hectares, a combined length of
1,300 meters, and a controlling depth of up to 16 meters.
The government also approved ICTSI to sell its entire 60 percent
equity interest in Yantai Rising Dragon International Container
Terminals Ltd. (YRDICTL) to YPH. YPH became the 100 percent
owner of YRDICTL, and will dedicate its operations to local container
cargo only.
The consideration for the acquisition of 51 percent of YICT by
ICTSI will be paid in four installments, and will be partially funded
from the sale of ICTSI’s 60 percent equity interest in YRDICTL to
YPH.
YRDICTL was a sino-foreign equity joint venture company
between ICTSI and YPH to operate in the Yantai Port. YRDICTL’s
terminal covers a total land area of 28.2 hectares. It operates
Berths 38 and 39 in Yantai Port with a combined length of 730
meters and controlling depth of 14 meters.
Arising from the basic requirements for bonded operations
within the Yantai bonded port zone in Shandong, the major container
operators within Yantai Port agreed to consolidate container
operations in order to achieve synergy in the allocation of resources,
improve economies of scale by separating local and foreign container
handling operations, and upgrade the professional level of the
container operations of the Yantai Port as a whole.
ICTSI subsidiary Yantai International Container Terminals Ltd. now operates Berths 51, 52, 61 and 62 of the Port of Yantai.
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International
Container Terminal
Services, Inc.
M AY 2 0 1 4
ICTSI 1Q 2014 income up
29% to US$52.4 million
Volume up 17% to 1.8 million TEUs, revenues up 19% to US$248.9 million,
EBITDA improves 6% to US$103.6 million
International Container Terminal Services, Inc. (ICTSI) reported unaudited consolidated financial results for the quarter ended
31 March 2014, posting revenue from port operations of US$248.9 million, an increase of 19 percent over the US$209.3 million
reported for the same period last year; Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) of US$103.6
million, six percent higher than the US$97.5 million generated in the first quarter of 2013; and net income attributable to equity
holders of US$52.4 million, up 29 percent over the US$40.7 million earned in the same period last year.
The higher net income attributable to equity holders was mainly
Consolidated cash operating expenses in the first quarter of
due to the one-time gain on sale of a non-core asset. In January 2014,
2014 grew 28 percent to US$108.2 million, from US$84.6 million
the Company divested of Cebu International Container Terminal,
in the same period in 2013. The increase was mainly driven by the
Inc., a non-core asset, to Cebu Asian Rim Property and Development
inclusion of cash operating expenses of the new terminals in Mexico
Corp. and Hong Kong Land (Philippines) BV for a one-time gain of
and Honduras, higher manpower costs arising from volume growth
US$13.2 million. Excluding the one-time gain on sale of a non-core
and government-mandated and contracted salary rate adjustments
asset, together with the off-setting of higher interest on concession
in certain terminals, higher facilities-related expenses resulting from
rights payable arising from the new concession contract of Operadora
the cessation of the rent rebate program at ICTSI Oregon beginning
de Puerto Cortés, S.A. de C.V. (OPC) in Honduras, and the higher
January 2014, and higher business development expenses as the
depreciation, amortization and start-up expenses from new terminals
Group pursued a number of bids for port projects during the period.
Contecon Manzanillo S.A. de C.V. (CMSA) in Mexico and OPC,
Excluding cash operating expenses of the new terminals, total cash
organic net income would have been six percent higher at US$45.1
operating expenses would have increased by only five percent in the
million.
first quarter of 2014.
ICTSI handled a consolidated volume of 1,757,095 twenty-foot
Consolidated EBITDA for the first quarter of 2014 increased six
equivalent units (TEUs) for the quarter ended 31 March 2014, 17
percent to US$103.6 million, from US$97.5 million in 2013 mainly
percent more than the 1,496,462 TEUs handled in the same period in
due to volume growth, stronger revenues from storage and ancillary
2013.
services, tariff increases in certain key terminals, favorable volume
The increase in volume was mainly due to the continuous
mix and the contribution of new terminals in Mexico and in Honduras.
improvement in international and domestic trade in most of the
Excluding the contribution from CMSA and OPC, EBITDA would have
Company’s terminals, and the volume generated by the Company’s
increased by one percent. Consolidated EBITDA margin decreased
new terminal operations in Mexico and Honduras, which began
to 42 percent in the first quarter of 2014 compared to 47 percent in
operations in November and December 2013, respectively. Excluding
the same period in 2013 mainly due to higher business development
the volume generated by the two new terminals, organic volume
expenses and higher port fees, cash operating expenses and the startgrowth was up one percent.
up cost of the new terminals in Mexico and in Honduras.
The Company’s seven
Consolidated financing
key terminal operations in
charges and other expenses
Manila, Brazil, Poland, Ecuador,
for the quarter increased 15
Madagascar, China and Pakistan
percent, from US$12.6 million in
accounted for 71 percent of the
2013 to US$14.5 million in 2014
Group’s consolidated volume in
primarily due to lower capitalized
the first quarter of 2014.
borrowing cost on qualifying
Gross revenues from port operations for the quarter ended 31
assets as CMSA started commercial operations in November 2013.
March 2014 surged 19 percent to US$248.9 million, from the US$209.3
Capital expenditures for the first quarter of 2014 amounted
million reported in the same period in 2013. The increase in revenues
to US$64.0 million, approximately 21 percent of the US$310.0
was mainly due to higher storage revenues and ancillary services,
million capital expenditure budget for the full year 2014. The
favorable volume mix, tariff rate increases in certain terminals, new and
established budget is mainly allocated for the completion of phase one
renegotiated contracts with shipping lines and forwarders, and revenue
development of the Group’s new container terminals in Mexico and
contribution from new terminals in Manzanillo, Mexico and Puerto
Argentina, and to start the development of terminals in Honduras and
Cortes, Honduras. Excluding revenues from the new terminals, organic
in the Democratic Republic of the Congo. In addition, ICTSI invested
revenue growth was five percent.
US$11.4 million for the development of SPIA, its joint venture
The Group’s seven key terminal operations in Manila, Brazil, Poland,
container terminal development project with PSA International Pte
Ecuador, Madagascar, China and Pakistan accounted for 76 percent of the
Ltd. (PSA) in Buenaventura, Colombia. The Goup’s share for 2014 is
Group’s consolidated revenues in the first quarter of 2014.
approximately US$120.0 million.
International
Container Terminal
Services, Inc.
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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I N T E R N AT I O N A L E D I T I O N
ICTSI Newsbreak
ICTSI receives 3 corporate
governance awards
With reports from Maricel Laud
International Container Terminal Services, Inc. (ICTSI)
received three awards in the Fourth Asian Excellence
Recognition Awards 2014 from CorporateGovernanceAsia:
Best Investor Relations Company, One of Asia’s Best CEOs –
Enrique K. Razon Jr., and Best Investor Relations Professional
– Arthur R. Tabuena.
Awarding ceremonies
were held last 3 April in Hong
Kong. Photo shows Mr.
Tabuena (left), ICTSI Head of
Investor Relations, receiving
one of the awards from Aldrin
Monsod, Founder, Managing
Director and Publisher of
CorporateGovernanceAsia.
In recent years, the Hong Kong-based regional quarterly
on corporate governance, has recognized ICTSI as among the
leading companies in the region and in the Philippines, observing
best practices in investor relations, business ethics and financial
performance.
In 2013, the publication named ICTSI as one of Asia’s Icons on
Corporate Governance during the Ninth Corporate Governance
Asia Recognition Awards. Mr. Razon was also a recipient of its Asian
Corporate Director Recognition Award.
PICT cited for
best practices in
occupational safety
Pakistan International Container Terminal (PICT) was recently
recognized for fostering best practices in occupational safety,
health and environment.
The Employers
Federation of Pakistan
declared PICT as the
second prize overall
winner in the Ninth Best
Practices in Occupational
Safety, Health and
Environment (OSHE)
Awards on 28 April in
Karachi, Pakistan.
Photo shows Owais M. Kazi (second from left), PICT Chief
Financial Officer, receiving the trophy from Amin Al-Wreidat
(third from left), an OSHE expert from the International Labor
Organization.
PICT has been receiving awards and recognition for best OSHE
practices awards since 2011. PICT is committed to promoting
occupational health, safety and environment across its operations.
PICT board holds annual meetings
By Mohammad Atiq
The Board of Directors (BoD) of ICTSI subsidiary Pakistan International Container Terminal Ltd. (PICT) held its annual board and
audit meetings in February at the PICT headquarters in the Port of Karachi.
Left photo shows the BoD (from left): Owais Kazi, Chief Financial Officer; Aasim Azim Siddiqui, Director; Joel Consing, Director; Capt.
Haleem A. Siddiqui, Chairman; Christian R. Gonzalez, Director; Capt. Zafar Iqbal Awan, Chief Executive Officer; Hans Ole Madsen, Director; and
Muhammad Hunain, Company Secretary. Center photo shows Capt. Siddiqui presiding over the board meeting, while right photo shows the audit
committee meeting presided by Aasim Sidddiqui.
PICT holds annual general meeting
By Mohammad Atiq
Pakistan International Container Terminal Ltd. (PICT) held its annual
general meeting for shareholders last 27 March at the Beach Luxury Hotel
in Karachi. The annual meet was the second for PICT as an ICTSI Group
company, and the 13th for PICT.
Photo shows PICT management (from left): Muhammad Hunain, Company
Secretary; Owais Kazi, Chief Financial Officer; Aasim Azim Siddiqui, Director; Capt.
Haleem A. Siddiqui, Chairman; Capt. Zafar Iqbal Awan, Chief Executive Officer;
and Fernando Lopez Royo representing Hans Ole Madsen, Director.
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International
Container Terminal
Services, Inc.
M AY 2 0 1 4
Spotlight
ICTSI in World Economic Forum on East Asia, Manila
International Container Terminal Services, Inc. (ICTSI)
recently participated in the World Economic Forum (WEF)
on East Asia last 21– 23 May. The Asian leg of the WEF was
hosted by Manila with plenaries and events held at the Makati
Shangri La Hotel and the Philippine International Convention
Center.
Opened by Philippine President Benigno S. Aquino, the WEF
gathered key government and business leaders in the region to
discuss opportunities in the ASEAN Economic Community, one the
economically fastest-growing regions in the world.
Enrique K. Razon Jr., ICTSI Chairman and President, was among the resource persons in a televised panel discussion on “Accelerating ASEAN Strategic
Infrastructure” last 23 May. He urged ASEAN governments to take advantage of the current “golden era for financing” and spend more on infrastructure
projects. He also urged the public to be more patient as government projects take time. Photo, courtesy of ABS-CBNNews.com, shows Mr. Razon
during the televised plenary.
Do Good
ICTSI, Bloomberry support PARR initiatives for Yolanda
International Container Terminal Services, Inc. (ICTSI) and
Bloomberry Resorts and Hotels, Inc. (BRHI), owner and
developer of Solaire Resort and Casino, committed to jointly
support initiatives of the Office of the Presidential Assistant
for Rehabilitation and Recovery (PARR) by shepherding the
rebuilding of the northern portion of Tacloban City.
Through the corporate social responsibility (CSR) units of ICTSI and
BRHI, the ICTSI Foundation, Inc. and Bloomberry Cultural Foundation,
Inc., respectively, the two companies will help oversee and provide
financial and technical assistance for PARR’s recovery programs.
BRHI donated PhP250 million to the Philippine Department of
Health to build the core building of the Eastern Visayas Regional
Medical Center (EVRMC) in Tacloban City. When completed,
EVRMC will be a modern teaching and training hospital with a 500bed capacity serving the entire Eastern Visayas.
Photo shows (from left): Jorge A. Consunji, President and COO
of D.M. Consunji, Inc., contractor; Secretary Panfilo M. Lacson Sr.,
Presidential Assistant for Recovery and Rehabilitation; Cristino L.
Naguiat Jr., Chairman and CEO of Philippine Amusement and Gaming
Corp.; Secretary Enrique T. Ona M.D., of the Department of Health;
and Donato C. Almeda, Director of Bloomberry Resorts Corp. and
President of Bloomberry Cultural Foundation, Inc. during signing
ceremonies last 27 May at Solaire Resort and Casino.
As part of its licensing agreement with the Philippine Amusement
and Gaming Corp., BRHI is obligated to donate a portion of its
revenues to its foundation, BCFI, whose advocacies are culture
and tourism. Recognizing the urgency of rehabilitating Tacloban,
PAGCOR approved the use of BCFI funds for relief interventions
to communities stricken by calamities and disasters, as is the case in
Eastern Visayas.
BCT launches annual
Gdynia water marathon
ICTSI Polish terminal, Baltic Container Terminal (BCT) in the Port of Gdynia, recently
launched the BCT Gdynia Marathon 2014, one of the largest and most extreme annual water
marathons in Europe.
Set on 1–3 August, the open marathon invites the world’s best long distance swimmers to test their
skills and abilities in the cold waters of the Baltic Sea. Participants will swim the distance of over 20
kilometers from Hel to Gdynia. The race will be held along a Gdynia beach near Nadmorski Boulevard.
This is the third time that BCT is hosting the event.
The annual race, which started in the 1970s is regarded as a “great tradition” in the whole of Gdynia.
This year’s prize pot amounts to USD 29,000. BCT’s sponsorship of the water marathon is in line with
ICTSI’s CSR advocacy on youth and sports.
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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I N T E R N AT I O N A L E D I T I O N
Do Good
Trees planted at MICT’s Berth 6
With reports from Joy Lapuz and Francis J Bartolome
As part of a continuing initiative to “green” International Container Terminal Services, Inc.’s (ICTSI) flagship operation Manila
International Container Terminal (MICT), ICTSI conducted a tree planting activity last 25 March to extend the greening of the
MICT to Berth 6, the terminal’s latest facility.
Spearheaded by the ICTSI Foundation, Inc., and in cooperation
with residents of Parola, MICT’s immediate community, a total of
90 trees were planted in the perimeter area of Berth 6, and in the
road islands of the East Access Road and South Access Road. Talisay,
banaba and assorted fruit tree seedlings were planted.
Tree planters from ICTSI were Filipina Laurena, Joop Kalambakal,
Eloida Arcena, Joy Lapuz, Francis J Bartolome, Marie de Guzman, Ben
Gamba, Yehlen de la Luna, Rene Dilao, Lito Velasco, Marivic Lopez
and on call staff from the Anchorage Department. On the other hand,
Arnel Parce, Chairman of Barangay 20, Tondo, Manila, led residents in
assisting ICTSI in planting the trees.
This was the third time that ICTSI conducted a tree planting
activity: in 2002, coconut seedlings were planted in the seaside
ICTSI employees
and Parola
residents join
forces in greening
Berth 6.
sidewalk of the South Access Road, and in 2009, tuba-tuba, talisay and
balete seedlings were planted in portions of the road islands of the
East Access Road and South Access Road.
As of date, over 150 trees are being maintained at the MICT. The
team of Renato Magdaet of Anchorage has been maintaining the trees
on a voluntary basis since 2002.
The March tree planting activity is one of many joint projects
of the Foundation with ICTSI’s host communities in Manila. This
was also the first time that the Foundation and Parola got involved
in greening initiatives at the MICT. Parola’s participation in the
tree planting activity was in line with the Foundation’s project on
environment care, specifically the Parola Solid Waste Management
Project.
Center photo shows ICTSI
employees planting trees at
the road island of the South
Access Road, while right
photo shows Parola residents
plant trees near the
perimeter fence of Berth 6.
ICTSI Foundation spearheads recycling of styro,
plastics in Parola
By Joy Lapuz
The ICTSI Foundation, Inc. has tapped the Polystyrene
Packaging Council of the Philippines (PPCP) and the Philippine
Plastics Industry Association (PPIA) to be its resource partners
in the Foundation’s drive to recycle styro and plastic waste
products in Parola, the host community of ICTSI’s Manila
flagship.
Recycling of styro and plastic waste is a key component of the
Foundation’s Parola Solid Waste Management Project, an environment
care project for Parola residents to ensure the proper disposal of
garbage and cleanliness in the community’s public places, specifically
along the access roads of the Manila International Container Terminal.
The Foundation invited experts from PPCP and PPIA to speak
about the recyclability of styro and plastic products. The talk was held
last 18 March and was attended by the Parola Eco-Patrols, solid waste
management champions of the community, and some members of the
local community council.
Right photo shows Daisy Coroza, PPCP Secretary General,
showing the participants a ruler that was made from approximately
four spaghetti containers and six plastic disposable cups. The talk on
plastic recycling is the first of a series of talks, which aim to educate
Parola residents on various solid waste management-related topics.
Future topics will include disaster risk reduction and climate change.
Ship Ahoy!
Hanjin Budapest:
longest boxship to
dock at the PICT
Pakistan International Container Terminal serviced last 11 May the
longest container vessel to dock at the terminal. Photo shows the
7,000-TEU capacity vessel Hanjin Budapest, which has a length overall
of 304 meters, during its maiden call at the PICT.
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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 .
International
Container Terminal
Services, Inc.
M AY 2 0 1 4
Ship Ahoy!
Maiden calls at the MICT
Maiden calls at the MICT for May 2014 (photo from left):
• APL Guangzhou last 24 May – Renato Mamaril (right) presents a commemorative certificate to Capt. Mykhaylo Petrykov, Vessel Master.
• Chiloe Island at Berth 6 last 27 May – ICTSI and MCC Transport (Maersk) officers during presentation of commemorative certificate
(from left): Wilfredo Bumagat Jr., MCC Transport Phils. Boarding Agent; Capt. Devan Dhawan, Vessel Master, Arthur Valdez, ICTSI
Operations Shift Manager; and Pradip Roy, Vessel Chief Engineer.
• Caledonian Express at Berth 2 last 28 May – Arthur Valdez of ICTSI presents a commemorative certificate to Capt. Felix E. Abucay,
Vessel Master (right). With them was Abe Trinidad, NYK FilJapan Terminal Manager.
Meets and Greets
Royal Cargo visits SBITC
Royal Cargo Combined Logistics, Inc. recently visited New Container Terminal–1
(NCT–1), operated by Subic Bay International Container Terminal Corp. (SBITC).
Royal Cargo has expressed interest in using NCT–1 for accounts such as Universal Robina
Corp., Del Monte Phils., Nutri Asia and Dunlop among others.
Photo shows SBITC and Royal Cargo officers during the NCT–1 visit (from left):
Reimond B. Silvestre, SBITC General Manager; Virginia Jamila, Royal Cargo Vice President for
Sales and Marketing; Marlyn Salvo, Royal Cargo Senior Account Manager–Bataan and Subic; Ramiel Del Rosario, Royal Cargo Branch Manager; and
Tony Ramos, SBITC Finance and Administration Head.
Yusen Logistics, Casio visit MICT
Officers of Yusen Logistics, Phils. Inc. and Casio Corp. recently visited ICTSI’s
flagship Manila International Container Terminal (MICT).
Yusen Logistics and Casio, through Yusen Logistics, are ICTSI clients and port users
of the MICT. Photo shows officers of Yusen Logistics, Casio and ICTSI at ICTSI’s Harbor
Lounge (from left): Fernando Perez, D. Nishino, S. Machida and T. Yamada of Yusen
Logistics; Jay Valdez of ICTSI; and S. Kojima and Y. Juna of Casio Corp.
Yusen Logistics is a leading multi-modal international air and sea cargo forwarding
company. The company also provides distribution services in the Philippines.
Pakistan’s anti-narcotics chief visits PICT
By Mohammad Atiq
Major General Khawar Haneef, Director General of the Pakistan Anti-Narcotics
Force recently visited the terminal facilities of Pakistan International Container
Terminal Ltd. (PICT).
The anti-narcotics chief visited PICT to observe and understand terminal services and
operations in the Port of Karachi. Photo shows Capt. Afzal Shaikh (right), PICT Terminal
Manager, receiving a token from Gen. Haneef (left) during the visit.
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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I N T E R N AT I O N A L E D I T I O N
Meets and Greets
NYK South Asia head visits PICT
Capt. Chak Kwok Wai, Chairman and Managing Director of Japanese megaliner
NYK Group South Asia Pte. Ltd., visited in March the terminal facilities of Pakistan
International Container Terminal Ltd. (PICT).
Photo shows Capt. Kwok Chai (second from left), receiving a token from Capt. Afzal Sheikh
(third from left), PICT Terminal Manager. With them were (from left): Capt. Tariq Masud, NYK
Pakistan Chief Executive Officer; Safdar Abbas, PICT Senior Operations Manager; and S.M. Imran
Moosa, PICT Marketing and Commercial Manager.
Since 2003, NYK has been using PICT as its preferred terminal in the Port of Karachi. The
shipping line has two services in the port: New Hercules Service (NHS) and the India-Bangladesh
Service (IBS). Both are weekly services in Karachi, and have four chartered vessels each.
The NHS plies the ports of Karachi, Mumbai, Colombo, Kelang, Singapore, Laemchabang, Singapore, Pipavav and back to Karachi; while IBS
plies the ports of Karachi, Mundra, Colombo, Chittagong and back to Colombo and Karachi.
Level Up
SCIPSI officers obtain MBAs
By Rejamna Pandangan
Five officers of ICTSI subsidiary South Cotabato Integrated Port Services
Inc. (SCIPSI) recently obtained their post-graduate degrees in Business
Administration from the Notre Dame of Dadiangas University through the
assistance of SCIPSI’s People Development Program (PDP).
Photo shows the graduates during commencement rites last 22 March together
with Nestor Tirol (far left), Assistant Operations Manager, and Gabriel Munasque
(fifth from left), SCIPSI General Manager. The officers are (from left): Noralyn
Escalante, Human Resources Supervisor; Joel Laureto, Billing Superintendent; Mary
Jane Beron, Senior Accounting Supervisor; Nancy Primavera, Assistant Finance
Manager; and Marie Joy Manalo, Operations Center Supervisor.
The PDP encourages and supports SCIPSI employees in their personal and
professional growth through graduate studies.
PICT launches training simulator for QCs, RTGs
By Mohammad Atiq
Pakistan International Container Terminal Ltd. (PICT) launched in February a training
simulator for container handling equipment that would help create a pool of expert
operators in the terminal.
Developed and installed by Data Communication & Control (Pvt.) Ltd., the training
simulator was designed to provide a virtual environment for future quay crane and rubber tired
gantry operators.
Photo shows Christian R. Gonzalez (fourth from left), ICTSI Regional Head for AsiaPacific, testing the simulator. Looking on are (from left): Capt. Zafar Iqbal Awan, PICT Chief
Executive Officer; Hans Ole Madsen, ICTSI Regional Head for Europe and the Middle East;
Ziauddin, PICT Senior Engineering Manager; Owais Kazi, PICT Chief Finance Officer; and Samir
Hoodbhoy.
Training on x-ray scanning of containers in PICT
By Mohammad Atiq
The Pakistan Nuclear Regulatory Authority (PNRA) recently conducted a seminar
on container x-ray scanning at the headquarters of Pakistan International Container
Terminal Ltd. (PICT).
Some 20 staff working on the scanners attended the four-session whole day training. The
participants are from PICT, Pakistani customs and other terminals in the Port of Karachi.
The training was conducted to fulfill the mandatory requirement of PNRA on container
scanning. Khalid Hussain (front, fourth from left), PNRA Director General, and other PNRA
trainers facilitated the training that discussed, among others, the latest trends and standards in
scanning technology.
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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 .