Asian Terminals Inc. earmarked P4.6 billon for capital expenditures this year to fund the expansion of ports in Batangas and Manila.
ATI said it would expand Batangas Container Terminal by extending its crane rails and container yard.
The company expects the delivery of two additional quay cranes, four more rubber-tired gantry cranes and other cargo handling equipment by 2018 in line with ATI’s plans of doubling BCT’s capacity to over 600,000 teus (twenty-foot equivalent units).
BCT in 2016 handled over 160,000 teus of foreign boxes, its highest container throughput in a single year. The rate translated into the reduction of more than 80,000 trucks trips along metro roads, with more shippers opting to route commodities via Batangas instead of Manila.
BCT has emerged as the preferred international gateway for Calabarzon, with its proximity to major economic locators, direct connectivity to foreign markets and world-class efficiency, marked by fast cargo delivery to consignees. Truck turnaround time at BCT averages 30 minutes upon gate entry.
Meanwhile, the development of ATI’s Batangas multilevel car storage facility is on schedule. MCSF’s phase 1 will come online as early as November while the second phase will be finished by mid-2018.
This will increase the capacity of the country’s top car carrier port to over 7,000 completely-built car units at any single time, in support of the booming consumer demand for imported vehicles.
Batangas in 2016 handled over 200,000 CBUs, its highest annual car throughput and represented the majority of 2016’s car sales nationwide.
In Manila, ATI will take delivery of two brand new quay cranes and other cargo handling equipment this year as it further boosts operational efficiency and safety at Manila South Harbor, which serves as one of two international container gateways into Metro Manila.
Manila South Harbor delivered its best performance in 2016, handling over 1.0 million teus for the first time in a single operational year, while operating at 65 percent yard capacity and 60 percent berth utilization.