Mindanao terminal box throughput up 5.5% in Q1

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Container volume at the Mindanao Container Terminal (MCT) in Misamis Oriental southern Philippines grew 5.5% to 54,133 twenty-foot equivalent units for the first quarter of the year from 51,282 TEUs year-on-year.

Compared to the target of 52,000 TEUs, the latest figure was also higher by 4%.

For March however, MCT, operated by International Container Terminal Services, Inc subsidiary Mindanao International Container Terminal Services, Inc, handled 19,028 TEUs, 7% less than the 20,567 TEUs in March 2011.

“There has been a little bit of increase in almost all sectors but not as strong as last year where we were posting high single-digit to double-digit growth,” Phividec Industrial Authority port department manager Dante Clarito told PortCalls. Phividec oversees MCT.

“This is due to slower economic activity evidenced by the not-so-dramatic pick-up of sectors compared to last year,” he added.

Imports have been dominating MCT’s cargo throughput led by shipments of Nestle Philippines which maintains a distribution leaf facility adjacent to the terminal.

Exports are mainly coming from Del Monte.

APL remains the port’s biggest carrier followed by Maersk Line, Regional Container Lines and Mariana Express.

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