Port gets additional gantry cranes to raise TEU capacity
The ongoing construction of the Subic Bay Port Development Project gets an early fuel booster after the top management of the Subic Bay Metropolitan Authority (SBMA) finalized the shipment of two gantry cranes for Subic port.
SBMA Chairman Feliciano Salonga said the gantry cranes are part of a bigger plan of the government for Subic Port to enhance its capacity to at least 600,000 twenty-foot equivalent units (TEUs) and position it as world class economic hub in the region, if not in the Asia-Pacific.
"As envisioned by President Gloria Macapagal-Arroyo in her 10-point economic agenda, Subic will become part of the economic growth in the region that would help the country improve its financial status," Salonga said.
Salonga went recently to Japan to finalize the acquisition of the two "goose-neck" type Quay Gantry Cranes with a capacity of 40.6 tons rated load each.
The two cranes will be shipped on the third quarter of this year and are to be installed each in the Container Terminal 1 and 2.
Two more gantry cranes will be coming on mid-2007, in time for the completion of the Subic-Clark-Tarlac Toll Road (SCTR).
"With the installations of the four new quay gantry cranes, the annual port capacity of the container terminals could leap to 600,000 TEUs from the present capacity of mere 100,000 TEUs," Salonga said.
SBMA obtained the cranes through a joint venture agreement with Penta-Ocean Construction Co., a consortium of TOA Corporation and Shimitzu Corporation of Japan, under a loan package funded by Japan Bank for International Cooperation (JBIC).
The cranes are part of the 5-million US dollars Subic Bay Port Development Project that includes sub-project such as construction of the modern container terminals, two berths with 280-meter length and 13-meter deep, and with four gantry cranes with a total capacity of 600,000 TEUs.
"Our priority for the year really is the timely completion of the port development project," Armand Arreza, SBMA administrator and chief executive officer, noted.
He said in addition to container ports, the port modernization project has also the grain terminal which shows great growth with on-containerized cargos.
"It comes primarily from the bulk grain business. Subic is strategically located in that it is also near the agricultural base of the Philippines and so having a container bulk grain terminal located here makes some sense," he added.
Arreza expressed confidence that the new port if completed would make Subic to be a key player in containerized and non-containerized cargo handling, which will attract more shipping companies worldwide to use Subic Ports.
"At that time, we will begin getting shares of the local and international shipping business in the region and the Asia-Pacific region, while helping in decongesting the land and sea traffic of Metro Manila and Manila Bay," Arreza said. BALITA.PH
SBMA Chairman Feliciano Salonga said the gantry cranes are part of a bigger plan of the government for Subic Port to enhance its capacity to at least 600,000 twenty-foot equivalent units (TEUs) and position it as world class economic hub in the region, if not in the Asia-Pacific.
"As envisioned by President Gloria Macapagal-Arroyo in her 10-point economic agenda, Subic will become part of the economic growth in the region that would help the country improve its financial status," Salonga said.
Salonga went recently to Japan to finalize the acquisition of the two "goose-neck" type Quay Gantry Cranes with a capacity of 40.6 tons rated load each.
The two cranes will be shipped on the third quarter of this year and are to be installed each in the Container Terminal 1 and 2.
Two more gantry cranes will be coming on mid-2007, in time for the completion of the Subic-Clark-Tarlac Toll Road (SCTR).
"With the installations of the four new quay gantry cranes, the annual port capacity of the container terminals could leap to 600,000 TEUs from the present capacity of mere 100,000 TEUs," Salonga said.
SBMA obtained the cranes through a joint venture agreement with Penta-Ocean Construction Co., a consortium of TOA Corporation and Shimitzu Corporation of Japan, under a loan package funded by Japan Bank for International Cooperation (JBIC).
The cranes are part of the 5-million US dollars Subic Bay Port Development Project that includes sub-project such as construction of the modern container terminals, two berths with 280-meter length and 13-meter deep, and with four gantry cranes with a total capacity of 600,000 TEUs.
"Our priority for the year really is the timely completion of the port development project," Armand Arreza, SBMA administrator and chief executive officer, noted.
He said in addition to container ports, the port modernization project has also the grain terminal which shows great growth with on-containerized cargos.
"It comes primarily from the bulk grain business. Subic is strategically located in that it is also near the agricultural base of the Philippines and so having a container bulk grain terminal located here makes some sense," he added.
Arreza expressed confidence that the new port if completed would make Subic to be a key player in containerized and non-containerized cargo handling, which will attract more shipping companies worldwide to use Subic Ports.
"At that time, we will begin getting shares of the local and international shipping business in the region and the Asia-Pacific region, while helping in decongesting the land and sea traffic of Metro Manila and Manila Bay," Arreza said. BALITA.PH
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