Asian Terminal Inc. is building a state-of-the-art multi-level completely built imported car unit storage facility in Batangas Port to increase its capacity.
ATI said the new MCSF would allow South Luzon’s international gateway port to handle over 7,000 imported vehicles at a single time, increasing its current capacity by nearly 50 percent. The MCSF will be fully operational by early 2018.
ATI handled over 200,000 completely built imported car units in 2016 for its highest car throughput in a single year.
This represents a year-on-year volume growth of over 40 percent, driven by the country’s booming consumer demand.
Batangas Port welcomed its 200,000th CBU”•a Nissan GT-R sport coupe on Dec. 28, shipped aboard Positive Passion, a car carrier vessel operated by Eastern Car Liner through local agent Wallem Philippines Shipping Inc.
ATI’s Batangas Port accounts for majority of the country’s annual car imports, due to proximity to major car manufacturers, importers and distributors based in Calabarzon.
Batangas Port’s historic performance followed another ATI milestone in mid-December where Manila South Harbor breached the one-million TEU (twenty-foot equivalent unit) throughput mark for the first time in a single year at record production pace.
The port operator owned by Eusebio Tanco earlier reported a net income of P1.43 billion in the first nine months of 2016, up 9.1 percent from P1.31 billion in the same period last year.