INTERNATIONAL Container Terminal Services Inc. (ICTSI) said its operations in Subic Bay freeport is now servicing the South China-Vietnam-Philippines (SVP) feeder service.
Subic Bay International Terminals (SBITC) last month welcomed the inaugural call of Danum 175, a 1,200-TEU boxship operated by Emirates Shipping Line (ESL), signaling the expansion of the Port of Subic’s connectivity to South China and Vietnam.
ESL operates the SVP service together with Asean Sea Line and Pacific International Line. ESL is a new player in the Philippine market.
The SVP service rotation is as follows: Shekou- Nansha-Xiamen-Manila North-Subic-Xiamen- Shekou-Nansha-Ho Chi Minh- Shekou.
The feeder service, which makes weekly calls to Subic, caters to the trade requirements of South China and Vietnam.
“It also highlights the free trade agreement between the Philippines and other Regional Comprehensive Economic Partnership members including Vietnam, which faces a growing demand for its agriculture and manufacturing exports,” ICTSI said.
“The service offers a good opportunity to Northern and Central Luzon traders, who can leverage the increased connectivity to markets in Vietnam and China,” said Henry Dungca, SBITC terminal manager.
“With the addition of the SVP service and ESL, SBITC now caters to more than a dozen weekly services and major shipping lines,” Dungca added.
