International Container Terminal Services Inc. said its Mindanao Container Terminal (MCT) has launched the Regional Container Line’s (RCL) South Philippines 6 (RSP6) service connecting Visayas and Mindanao to Asia and the Middle East via Singapore.
The new service is seen to drive MCT’s 7 percent growth target for the year.
“Launched in the Philippines through RCL’s Southern Philippine agent Eagle Express Lines, the fixed-day weekly service made its first port call to MCT on December 19 with the 628-TEU MV Pira Bhum,” it said.
The service is operated by two vessels and covers the Singapore-Cebu-Cagayan-Singapore route. The vessels turn in Singapore, which serves as a transshipment hub and provides competitive connections from Cebu, Cagayan de Oro and Zamboanga to other Southeast Asian markets, the Indian subcontinent and the Middle East, while additionally serving the markets further north such as China and South Korea.
Roberto Locsin, MCT general manager, said the regular service calls can be considered a “product superhighway that will aid farmers, manufacturers and other producers in the Philippines.”
“They enable producers to deliver time-sensitive commodities fast and in-bulk without the huge cost… and the new service line will undoubtedly give them the boost they need,” he said.
MCT operates the terminal at the PHIVIDEC Industrial Estate in Tagoloan, Misamis Oriental.
MCT handles international and domestic cargo and offers container handling, yard management, reefer monitoring, and water bunkering among other port services.
The port terminal serves as a transshipment hub connecting Northern Mindanao to the Visayas and other parts of the country.
Jose Gabriel la Viña, PHIVIDEC administrator, said the service will be a big boost to Misamis Oriental’s growth.
“For thecCity of Cagayan de Oro and the rest of Misamis Oriental, the new service strengthens our position as a major agro-industrial exporter. The availability of a regular and predictable service to a major international hub also presents opportunities for entrepreneurs and industries to move up the value chain. This could only mean higher incomes, more jobs, and a more comfortable life for our people,” he said.
Angelito Colona, Eagle Express Group chairman, said the new RCL service is “a bright opportunity for the country.”
Headquartered in Thailand, RCL owns and operates 46 container vessels covering more than 66 destinations in Asia, India, India subcontinent, and the Middle East. The company has been operating in the Philippines for 32 years.
In 2020, MCT expanded its port equipment fleet, extended the berth length through the installation of an inland bollard and dolphin moor, and opened a 4.5-hectare empty container depot (ECD) inside the terminal.
“With these investments and the presence of RCL, MCT projects a seven percent growth in 2021 — a highly significant target considering the global economy is still recovering from the pandemic,” the company said.
