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Asian Terminals Inc. expects to complete berth expansion at Pier 3 in Manila South Harbor by the latter part of 2025
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The expansion will bring the terminal’s annual capacity to 1.9 million TEUs from the current 1.45 million TEUs
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Two new quay cranes will be delivered in time for the opening of the expanded berth
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In 2023, Manila South Harbor handled 1.203 million TEUs, 7.4% higher than the 1.121 million TEUs recorded in 2022
Asian Terminals Inc. (ATI) expects to complete the Pier 3 berth expansion in Manila South Harbor by the latter part of 2025, bringing the terminal’s annual capacity to 1.9 million twenty-foot equivalent units (TEU) from the current 1.45 million TEUs.
To complement the extension of the berth, ATI is procuring two additional quay cranes, ATI marketing manager Reginald Rivera said in a presentation during the recent Philippine Ports and Logistics Conference and Exhibit at the Sofitel Philippine Plaza Manila.
The two new quay cranes will be delivered in time for the opening of the expanded berth, Rivera told PortCalls at the sidelines of the event.
According to ATI’s 2022 annual report, the additional quay cranes will increase Manila South Harbor’s fleet from nine to 11, and will enable the terminal to accommodate a greater number of ships and larger capacity vessels deployed by major shipping lines.
In 2023, Manila South Harbor handled 1.203 million TEUs, 7.4% higher than the 1.121 million TEUs recorded in 2022. Volumes have steadily grown since 2021 after it went down in 2020 during the height of the COVID-19 pandemic.
For this year, Rivera said he expects a 3%-5% growth from last year even if the market has “not started off well” due to various external factors.
Currently, 17 foreign shipping lines call on the Manila South Harbor, connecting it with the US, Europe, Middle East, Africa, and intra-Asia routes. – Roumina Pablo
READ: ATI records 77.7% surge in net income in first 9 months
