Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Fee waiver seen boosting Subic Port volumes

Fee waiver seen boosting Subic Port volumes
A move to waive the accreditation fee for new logistics firms at Subic Bay Port is seen boosting volumes and port utilisation there and also helping to ease volumes and road congestion at the Port of Manila, local reports said.

“On our end, we assure SBMA and the Subic logistics firms—existing, new and upcoming—of ICTSI’s brand of world-class operations and services at the New Container Terminals 1 and 2, including our new container freight station facility.  You have an international trading gateway that has access to global markets,” said International Container Terminal Services Inc (ICTSI) unit Subic Bay International Terminal Corp (SBITC) general manager Robert Locsin said.

ICTSI stands to benefit both ways as it also operates major terminals at the Port of Manila.

SBITC has also partnered with Cebu Sea Charterers to launch a container barge service connecting Subic to the ports of Cebu and Cagayan de Oro in the middle and southern part of the Philippines for improved local transshipment service.

The weekly service uses a 150-teu ro-ro landing craft type vessel and makes direct calls from Subic to Cebu, and from Subic to Cagayan de Oro. 

Cebu serves as a transshipment hub for Bacolod, Iloilo, Samar, and Leyte, while Cagayan de Oro serves as the gateway for Mindanao.