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Bilyonaryo - Business

Ricky Razon beefs up operations of Mindanao terminal

  • November 29, 2022
  • Bilyonaryo.com

International Container Terminal Services Inc.’s (ICTSI) unit in Misamis Oriental has further improved its vessel handling capacity after acquiring a mobile harbor crane (MHC).

Ultra bilyonaryo Enrique K. Razon Jr.’s ICTSI said the MHC, which operational by December, would augment the Mindanao Container Terminal’s (MCT) existing quay cranes by enabling simultaneous handling of two longer ships.

Last March, MCT deployed two new rubber tired gantries in a bid to increase the efficiency of its landside operations.

A side lifter will also be deployed in November to support MCT’s recently launched empty container depot service.

MCT’s acquisition of additional port equipment is part of its ongoing expansion program. This comes after the 100-meter berth expansion and installation of dolphin mooring and inland bollards back in 2020.

These improvements are meant to address the increase in volume and service demand, allowing MCT to better support the growing markets in Mindanao.

MCT manages and operates the container terminal at the PHIVIDEC Industrial Estate in Tagoloan, Misamis Oriental in southern Philippines. It provides full terminal operations and supports the Philippines’ agro-industrial sectors in Mindanao as well as the country’s international standing as a leader in fresh and canned pineapple trade.

  • Related News Tags: Enrique K. Razon Jr, Mindanao Container Terminal, Mindanao terminal, mobile harbor crane, Ricky Razon
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“Usapang Bilyonaryo” is a digital-first, hybrid magazine show hosted and produced by veteran broadcast journalist Ces Oreña-Drilon in cooperation with the Bilyonaryo.com team. The 30-minute TV cut airs on CNN Philippines at 8 PM every Monday, starting January 16. The full version or producer’s cut of each episode, as well as interview splices, will be posted on Bilyonaryo.com’s Youtube and Facebook accounts.

 

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