ICTSI’s TecPlata terminal achieves 10-metre depth, targets 14m next
NewsICTSI’s TecPlata terminal has dredged its marine channels to a depth of 10 metres, with plans to deepen them further to 14 metres.
Race for Cebu hots up
A race for the cargo handling concession at Cebu International Port (CIP) in the central Philippines is in the offing following the Cebu Port Authority (CPA)’s decision to bid out the contract of Oriental Port and Allied Services Corp (Opascor) when it expires in January next year (although it may be extended for a short period).
Manila container terminal operators Asian Terminals Inc (ATI) and International Container Terminal Services Inc (ICTSI) and American President Lines (APL) are all believed to be interested. Talk of ATI and ICTSI joining the fray has raised fears in Cebu’s shipping community that the two cargo handling giants are out to control the CIP as well as the Manila North Harbor so they can raise tariffs in both terminals.
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