SBMA chair reveals P6.33-M Subic Port Expansion plan

Subic Bay Metropolitan Authority (SBMA) Chairman and Administrator has revealed the P6.33-million port expansion plan for this premier Freeport.

Speaking before the participants of the Central Luzon Transport & Trade Conference 2024 held at the Hilton Clark Sun Valley Resort on May 24, Aliño presented Subic’s Port Expansion plan under the Japan International Cooperation Agency (JICA)-Regional Development Master Plan. 

“Subic Bay Freeport will have additional berthing facilities in the Boton Area alongside the expansion of the Boton Wharf with an approximate cost of P6.33-million. The plan would include the reclamation for a terminal expansion with a ten-hectare area, expansion and deepening of the existing wharf by 1.5 meters, and the inclusion of a general cargo and Roll-On Roll-Off (RoRo) terminal,” Aliño said.

He also said that the New Container Terminal 3 will also have an expansion plan to include additional berthing facilities and a quay with a length of 410 meters and width of 700 meters, a total area of 28.7 hectares, and a depth of 16 meters. The said project will cost P20-billion. 

The agency also plans to create additional berthing facilities at the San Bernardino Road which will have a multi-purpose terminal that has a quay length of 400 meters, an area of 17.4 hectares, and a depth of 12 meters.

“The construction of the 400-meter wharf will have warehouses and open spaces, an empty container yard, and a truck weigh scale area. The expansion at the San Bernardino Road will cost around P10 billion,” Aliño added.

Aside from the aforementioned expansion plans, the SBMA also aims to implement the Port Expansion Plan at the Redondo Peninsula that includes the construction of a P9.35-billion multi-purpose terminal with a 600m by 500m quay that has a total area of 30 hectares and a depth of 13.5 meters.

“This will also include the construction of a 600-meter wharf, warehouses, an admin building, truck parking, truck weigh scale, sentry gate, open storage, offices and facilities for workers,” Aliño also said.

A proposed multi-purpose terminal at the Lower Mau area of the Subic Bay Freeport is also in the works that includes a 570-meter quay with a total area of 17.2 hectares and a depth of 13 meters. The said facility will have the same amenities as the other multi-purpose terminals, but has an approximate cost of P10.19 million.

Aliño stated that the SBMA is bullish on the shipping industry, citing that Subic Bay Freeport can easily handle the shipping industry in the North and Central Luzon. “This is why we are pushing for these expansion plans, we want the world to know that Subic Bay Freeport is more than capable of handling their cargo,” he added. (MPD-SBMA)

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Ocean Network Express adds Subic Bay calls on Southeast Asian service

Subic Bay International Terminals (SBITC), International Container Terminal Services, Inc.’s (ICTSI) operation at the Port of Subic, is now part of Ocean Network Express’ (ONE) China-Thailand-Philippines (CTP) service.

The inaugural call of the CTP service to SBITC on 26 March was executed with the 2,741-TEU boxship MARINA ONE. The service links the Port of Subic to East Asia, complementing the existing route between the Philippines and Singapore by further enhancing convenience for customers. 

It also provides a direct link from Thailand to Subic via the Laem Chabang port.

With a turnaround time of 28 days, the service rotates through the following ports: Laem Chabang (Thailand), Cai Mep (Vietnam), Manila (Philippines), Subic (Philippines), Qingdao (China), Pusan (South Korea), Shanghai (China), Laem Chabang.

Operated by a consortium of ONE and Regional Container Lines (RCL), the CTP service utilizes four vessels ranging from 2,400 to 2,700 TEUs.

SBITC sits strategically within the Subic Bay Freeport Zone in Zambales with access to major intra-Asia shipping routes, and serves as the gateway to northern and central Luzon. (SNL)

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SBMA-HCPTI deal to spur growth in Subic Port

Subic Bay Metropolitan Authority (SBMA) Chairman and Administrator Jonathan D. Tan predicts that the P5.5-billion joint venture between the agency and the Harbour Centre Port Terminal Inc. (HCPTI) will spur growth in the port businesses of this premier Freeport.

During the inauguration of the Subic Port at the Naval Supply Depot (NSD) here, the 10-year Subic Port joint venture will revitalize the ports, yards, and cargo handling inside this Freeport. The JV also includes the development, operation and management of several ports inside the former US naval base.

“Our goal at SBMA is in line with HCPTI’s goal of creating more employment opportunities, generate new income, boost the tourism, attract more foreign and local investments, and expand the trading business in Subic,” he said.

He added that the upgrade of the port facilities is expected to improve cargo processing efficiency, reduce ship turnaround times, and increase the volume of bulk and break bulk cargo handled.

HCPTI Chairman Regis Romero II said that with the inauguration of the Subic Port operation, the country is now able to provide enough buffer from global inflation and regional conflicts. He cited that unrest in Ukraine and Israel has put a damper on the global economy.

“Sustainability in business may face threats due to some uncertainties, especially from external forces like the unrest in Ukraine and Israel. But I remain confident, considering that our economy can withstand external shocks which has been proven many times over – from the 1997 Asian financial crisis to the 2008 global economic meltdown and all the way to the recent covid-induced market slump and worldwide inflation,” Romero said.

“Thanks to the fact that our economy is driven by consumption such that the nation can consume what it can produce. To a large extent, it makes our economy virtually self-sustaining. But to ensure economic expansion amid the growing domestic requirements, we have to trade beyond our borders and attract foreign capital and technologies,” Dr. Romero II stressed, apparently hinting at the priority goals of the SBMA-HCPTI joint venture. (MPD-SBMA)

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