Asian Terminals Inc. Renews 25-Year Concession Agreement for Manila South Harbor

en.Wedoany.com Reported - On November 12, Asian Terminals Inc. (ATI) of the Philippines signed a 25-year concession renewal agreement with the Philippine Ports Authority (PPA) for Manila South Harbor, with the new operating period running from May 2038 to May 2063. The renewal secures port operating rights after the expiry of the existing contract in advance, covering terminal operations, infrastructure development, and subsequent modernization upgrades.

Manila South Harbor is located in the port area of Manila, the capital of the Philippines, and is an important gateway for the country's international trade, handling containers, general cargo, and related port services. ATI is responsible for container handling, warehousing, cargo storage, and vessel berthing at the port, and connects Metro Manila and surrounding industrial and consumer markets through its terminal facilities.

According to the terminal facility information disclosed by ATI, the container business at South Harbor is equipped with 5 operating berths, a quay apron water depth of approximately 12 meters, 9 ship-to-shore container cranes, 23 rubber-tyred gantry cranes, as well as reach stackers, forklift trucks, and yard transfer vehicles. The port area also has reefer plug points, dangerous goods yards, container freight stations, and customs inspection facilities. The port entry and exit gates are equipped with weighbridges, vehicle appointment scheduling, and radiation detection equipment.

The development priorities after this renewal include expanding port handling capacity, upgrading low-energy cargo handling equipment, improving terminal automation levels, and deploying digital operating systems.