Mindanao Container Terminal posts 10% growth for 2009
MANILA,
March 9 (PNA) — International Container Terminal Services Inc. (ICTSI)’s
Mindanao Container Terminal (MCT) in Misamis Oriental posted a 10
percent growth for 2009, netting 118,664 twenty-foot equivalent units
(TEUs) compared to 109,028 TEUs in 2008.
The terminal operator attributes the growth to the strong
performance of the domestic market even as MCT department manager Dante
Clarito described the double-digit growth as "unprecedented" at a time
when most ports in the country expected flat or, at best, a low
single-digit growth.
Domestic trade accounted for 66 percent of the total
container volume and foreign trade contributed the rest.
Large clients such as Nestle and Del Monte brought in much
of the local volume.
Among products from the region are pineapples, banana and
meat.
A modest chunk of the volume was also supplied by small- and
medium-scale enterprises, mostly manufacturing firms of handicrafts and
furniture products.
Located in Tagoloan, Misamis Oriental, MCT is designed to
accommodate an annual throughput of 270,000 TEUs.
International carriers Maersk Line, APL, Regional Container
Lines and Pacific Eagle Lines regularly call at the port and so do local
operators Magsaysay-owned NMC Container Lines and MCC Transport Phils.
Its berth length is 300 meters with a depth of 13 meters.
The facility has two gantry cranes and four rubber-tired gantries. (PNA)
scs/PFN
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