| Manila Adding Eight Gantry Cranes |
Oct 18--Terminal capacity to grow more than 30 percent
Manila International Container Terminal will take delivery of eight gantries in time for the start-up of a new berth at the Philippines facility next year.
Operator International Container Terminal Services said the Kalmar-made rubber tired gantries would be installed at the new Berth 6 at a cost of $10.7 million starting in June 2012.
The opening of the berth will push annual capacity at MICT up more than 30 percent, from 1.9 million TEUs to 2.5m TEUs.
The expansion follows a strong first half of 2011 for ICTS, which reported a $60 million net profit in the six months ending June 30, a 42 percent improvement over the previous year. The terminal operator’s revenue grew 29 percent to $319.1 million
(Source:joc.com) |
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