Seasia Nectar Port Services Inc. announced Tuesday the start of commercial operations of its Mariveles Dry Bulk Terminal within the Freeport Area of Bataan.
Seasia chairman Ramon Atayde said the new facility would optimize the operations of dry bulk handling with the use of mechanized material handlers for faster and more efficient discharge of shipments.
“I am pleased to announce that we now have 180 meters of berth available and we are ready to accept barges and vessels,” he said.
The opening of the Mariveles terminal will make FAB a viable location for investors, as it will allow companies to directly ship their products to Manila and outside of the Philippines.
The Authority of Freeport Area of Bataan is optimistic more investors will locate in FAB as shipping costs will eventually go down with the opening of the terminal.
AFAB also sees Seasia Nectar as instrumental to the agency’s goal of becoming the free port of choice by 2020, especially for high end fashion brands.
The terminal is designed to handle shipments of coal, clinker, silica sand and other cement raw materials, steel, fertilizer and other dry bulk cargoes.
Seasia is a joint venture company between Seasia Logistic Philippines Inc. and Nectar Group Ltd.
It also plans to build facilities for warehousing, stevedoring, lightering and towing of cargo.
Atayde noted that the port was built and operated according to international health, safety and environmental standards.
“We will ensure that the facility will meet the client’s standards and employ efficient and proper cargo handling methods to avoid any impact to the environment,” he said.
The company started the development of the 11.4-hectare port in 2015, including the development of a 5.9-hectare port facility with a 247-meter quay equipped with a 13.5 meter draft under the first phase.
The initial phase will accommodate two vessels of about 120 meters, or one supramax/panama vessel. It is designed to handle at least 3 million tons a year.
The second and third phases will expand the dry bulk terminal to accommodate another two vessels or one supramax/panama vessel.