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Manila International Container Terminal yard utilization down by 20%

Wednesday, 10 April 2019 | 00:00

Yard utilization at the Manila International Container Terminal (MICT) has declined by nearly a fifth following government efforts to solve port congestion by cracking down on overstaying cargoes, port operator International Container Terminal Services Inc. (ICTSI) said.

The listed company owned by tycoon Enrique Razon yesterday lauded the concrete steps undertaken by the government to clear Manila ports of overstaying containers.

Christian Gonzalez, ICTSI Global Corporate head, said the collaborative and complementing efforts of the Philippine Ports Authority (PPA), the Department of Transportation (DOTr), the Bureau of Customs (BOC), and the the Department of Trade and Industry (DTI) to resolve the issue of overstaying cargoes at Manila ports has brought immediate positive results.

Roughly a month after the PPA issued an ultimatum for overstaying containers, ICTSI said yard utilization at its flagship MICT rapidly decreased by about 20 percent, from 90 percent in January to 70 percent at the start of April.

ICTSI said the healthy yard utilization was recorded despite higher volume handled, especially in March when MICT handled a record high monthly volume.

“The terminal was able to accept almost double the number of empty containers it was receiving, freeing up trucks in the process which, in turn, resulted in more import pull outs. Shipping lines have now been able to bridge the gap in achieving their weekly empty container evacuation targets,” the company said.

According to ICTSI, import dwell time has likewise been reduced from 11 days in January to 6.6 days at the start of April, resulting in zero ship queues compared to December’s peak season.

“We thank the government for taking a hard stand in fast-tracking the disposal and reduction of overstaying and empty containers at Manila ports.

The results have been immediate and goes to show what determination and focus of purpose can do,” Gonzalez said.
Source: The Philippine Star

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