Manila: International Container Terminal Services Inc (ICTSI) has added a further 4 hectares of space to the Berth 7 yard at its flagship Manila International Container Terminal (MICT).
The additional space will be used as an empty container depot (ECD) with storage capacity for 4,300 containers in moderate wind conditions.
A further 2 hectares of yard space will be added before the end of 2014, which will bring Berth 7’s total storage capacity up to 6,500 TEU and will mark the completion of Phase 1 of MICT’s expansion work.
ICTSI is investing PHP 1.6bn ($35m) in the development, which aims to address growing container volumes at the Port of Manila.
The completed expansion project will add approximately 500,000 TEU of yard capacity to MICT, and is expected to be finished in around 20 months’ time.
ICTSI says it has also earmarked a PHP 1.4bn ($30m) investment in an inland container depot (ICD) in Laguna. “On order are six new rubber tired gantries, which may be deployed at either the MICT or ICTSI’s Subic operations as the demand dictates,” the company said in a press release. [27/11/14]