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Subic Bay terminal, Royal Cargo to tie up on cold storage facilitiesSubic Bay terminal, Royal Cargo to tie up on cold storage facilities

International Container Terminal Services Inc (ICTSI) unit Subic Bay International Terminal Corp (SBITC) is tying up with logistics company Royal Cargo Inc to provide cold chain logistics services in the North and Central Luzon (NCL) region.

Vincent Wee, Hong Kong and South East Asia Correspondent

August 15, 2018

1 Min Read
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Local reports said that the partnership will provide seamless movement of goods within the growing economic region and in the process help small and medium-sized enterprises expand their operations.

“The joint efforts of the terminal and Royal Cargo have increased cold-storage options that will improve the quality of refrigerated cargo coming in and out of the country in a fast and efficient manner. This creates opportunities within the value chain to allow local businesses to promote their market further outside of traditional centres like Manila,” SBITC president Roberto Locsin said.

“The north hub will take us one step closer to helping companies across the country achieve growth and expand new markets such as the Asia-Pacific region. With SBITC, we are now able to provide a direct connectivity to major Intra-Asia and global ports which makes our operations a lot easier,” Royal Cargo president Elmer Sarmiento said.

Read More: Maersk Line adds Subic port call to intra-Asia service

According to SBITC, Subic’s terminal handling charges are 48% less expensive compared to other terminals despite being the first and only on-dock warehouse in the area that can connect to the region’s largest cold-chain facility operated by Royal Cargo.

“Businesses that ship via Royal Cargo can now take advantage of SBITC’s perks such as its one-stop shop service facilities and 10-day free storage period while enjoying the terminal’s world class container handling services, not to mention SBMA’s deferred payment of duties and taxes,” Locsin said, adding that the NCL region is set to become a strong business hub.

SBITC is a common-user, multi-purpose terminal, providing on and off-dock marine port cargo and container handling services in the Subic Freeport Area.

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About the Author

Vincent Wee

Hong Kong and South East Asia Correspondent

Vincent Wee is Seatrade's Hong Kong correspondent covering Hong Kong and South China while also making use of his Malay language skills to cover the Malaysia and Indonesia markets. He has gained a keen insight and extensive knowledge of the offshore oil and gas markets gleaned while covering major rig builders and offshore supply vessel providers.

Vincent has been a journalist for over 15 years, spending the bulk of his career with Singapore's biggest business daily the Business Times, and covering shipping and logistics since 2007. Prior to that he spent several years working for Brunei's main English language daily as well as various other trade publications.

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