• 2011 December 29 05:20

    Davao port to be privatized in 2013

    The government is set to privatize the entire operation of the Port of Davao in 2013 to keep up with its fast-growing cargo volume, Business Mirror reports.

    The terms of the privatization plan are now being drafted by the Department of Transportation and Communications, said Christian Santilian, district manager for Southern Mindanao of the Philippine Ports Authority (PPA).

    “We’ve been seeing volume growth in the port at a rate of 7 percent to 10 percent every year for the last eight years,” Santillan, who is also the port manager of Davao, said in an interview with reporters. “We [the Port of Davao] are the best-performing port in Mindanao even compared with Northern Mindanao.”

    The PPA operates the Davao port, also known as the Sasa Wharf, with the Davao Integrated Port Stevedoring Service Corp. (Dipsscor) as the port’s cargo handler. The company is a wholly owned subsidiary of International Container Terminal Services Inc.

    About 70 percent of the products handled at the port are bananas from Davao and nearby areas. According to the United Nation’s Food and Agricultural Organization, the Philippines is the world’s fourth-largest exporter of banana in 2010 after Ecuador, Costa Rica and Colombia.

    Shipping lines, however, said the country’s billion-dollar banana exports industry was in peril because of the port’s inefficiencies; the facility lacks proper cargo-handling equipment to service large vessels that call.

    An official of the American President Lines (APL) said the port needs a major facelift because its dilapidated state affects the efficiency of the shipping lines calling.

    The official said its vessels’ average waiting time before discharging at the port is around 40 hours or almost two days. Liners spend more for the extra time their vessels sit idle. They also use more bunker fuel during the long wait.

    “The process [of cargo handling] takes even longer since they [PPA] don’t have a crane and all of the vessels that we use have [cargo handling] gears,” the APL official said.

    Even if the port authorities can provide new cargo-handling equipment, the Port of Davao’s old structure may not be able to withstand the weight of a crane, the shipping executive added.

    An official from the shipping line Maersk-Filipinas Inc. noted that the port’s shallow draft cannot accept larger ocean-going and even domestic vessels.

    APL and Maersk Lines are the port’s biggest clients.

    According to data, APL’s container traffic to Davao Port reached 80,323 twenty-foot equivalent units (TEUs) from January to September; Maersk’s container traffic reached 91,879 TEUs during the same period.

    PPA officials acknowledged that the port has not been constructed to handle containers since less than 10 years ago Sasa Wharf only accepted a handful of cargo.

    In 2003, the port only handled 2.71 million metric tons of cargo, more than half of which are domestic goods. In 2007 the volume started to increase to 3.47 million metric tons with foreign cargoes meant for export to Asia, the Middle East and other parts of the world accounting for half of the volume.

    As of October this year, the port already handled 4.46 million metric tons, of which 2.78 million metric tons are foreign cargoes.

    In terms of containerized cargoes, the port handled 478,994 TEUs from January to October.

    The PPA said in its earlier presentation that it needs some P3.98 billion to expand the Davao port. The project include the strengthening of Berths 1 and 2, development of Container Yard 3, demolition of the existing building, development of 300 container-yard reefer outlets as well as the supply and installation of four gantry cranes and installation of eight rubber-tired gantry cranes.

    Once completed, the project is expected to increase the capacity of the port to about 1.3 million TEUs or double it current one.

2024 November 13

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2024 November 12

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16:25 Vitol Terminal Latvia introduces new aniline transshipment service
15:45 UECC and Daphne Technology join forces to drive advanced emissions monitoring on UECC’s latest vehicle carrier
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13:44 BAR Technologies signs an agreement with WindWaves to manufacture new 20 and 24 metre WindWings
12:31 Sanmar delivers powerful escort tug to P&O Maritime Logistics
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11:00 New Yangzi Shipbuilding delivers SEASPAN's 12th dual-fuel medium-sized container ship
10:31 Van Oord completes major dredging project in Egypt
10:03 Zhenhua Heavy Industries launched the world's largest piling vessel for CCCC Second Harbor Engineering Bureau
09:49 Telemar announces agreement to install and maintain Sealution’s shipboard data collection technology

2024 November 11

18:00 ADNOC Gas to buy 60% in Ruwais LNG plant
17:18 Strategic Marine signs contract with Mainprize Offshore for six new Supa Swath vessels, with options for six more
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16:35 One missing after MSDF vessel sinks due to fire off Fukuoka
16:05 Northern European ports in collaboration receive EU funding for onshore power for container ships
15:32 Maersk Tankers to deploy suction sail technology at scale to reduce CO2 emissions
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14:45 DP World Australia announces acquisition of Silk Logistics
13:24 SAFEEN Group achieves Guinness World Record for most powerful electric tugboat
12:53 Höegh Evi to partner with SEMOP Port-La Nouvelle to develop strategic infrastructure for hydrogen import to France and Europe
12:08 ICTSI's Adriatic Gate Container Terminal hit 2 more milestones
11:24 Daito Corporation to build an electric tugboat
10:43 Hudong Zhonghua completes sea trial of LNG carrier built for Qatar Energy
10:20 CSSC Engine delivers China's first domestically produced methanol dual-fuel main engine
09:47 Hapag-Lloyd acquires German ship management company Hamburger Lloyd

2024 November 10

15:03 Keel laying ceremony marks the birth date of new ships for Scilly
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12:13 ACP: Panama Canal could double the number of containers transiting
11:38 INOX India Ltd announces Q2FY25 Results
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2024 November 9

13:41 Montreal port employers threaten shutdown over labour dispute
12:49 China Merchants signs letter of intent with Brazilian port authority Portos do Parana
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2024 November 8

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16:25 Transnet National Ports Authority pilots usage of cleaner fuels on its tugboat fleet
15:34 Wallenius Wilhelmsen exercise options for two additional 11,700 CEU Shaper vessels
15:02 IMO heads to COP 29 to promote net-zero framework for shipping
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14:25 KOTUG’s SD Waalo begins maiden voyage under bp charter for LNG operations
12:43 QatarEnergy inaugurates four LNG vessels, the first from Korean shipyards
12:24 Fincantieri finalizes order with Crystal for a new high-end cruise ship
10:09 Friday Shipbrokers fix chartering project with Boskalis to transport car carrier to China for repair
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2024 November 7

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16:24 Provaris Energy raises A$1.5 million to support hydrogen and CO₂ initiatives
15:56 Catator joins Ammonia Energy Association to accelerate adoption of ammonia for shipping
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13:41 ADNOC secures 15-year sales and purchase agreement for Ruwais LNG project
13:07 Three fugitive methane detection and measurement technology companies selected for feasibility studies
12:44 Irving Shipbuilding chooses TMC for Canadian patrol ships
12:24 ADNOC awards $490 mln contract to expand world’s largest 3D seismic survey
11:59 First Damen Shrimp Trawler 2607 completes sea trials