ICTSI Operates in Papua New Guinea

Manila, Philippines – International Container Terminal Services Inc (ICT) subsidiary embarked operations in Papua New Guinea.

Since last year, International Container Terminal Services Inc awaits this project as they already signed a contract with Papua New Guinea’s state-owned PNG Ports Corp Limited back in July. It is a 25-year agreement in terminal operations in Port Lae, the most extensive container handling facility in Papua New Guinea.

ICTSI is port management established in Manila way back in 1988. Its subsidiary, South Pacific International Container Terminal (SPICT), received a go signal from Papua New Guinea’s government to start the project at Lae Tidal Basin. According to Asia Pacific’s Head Christian Gonzales, they will commence their operations with the new operating system called Navis N4. Though, the transition might be hard in a few weeks due to N4’s adoption in work settings.

Navis N4 is a port technology that operates worldwide. There are about 197 terminals worldwide that use this system to operate. Navis implements automated processes and equipment. It reduced terminal operating system (TOS) downtime. Above all, it is user-friendly. It is a first for Papua New Guinea.

Gonzales is certain the flow of information to all of the port’s users will be smooth and quick because of the support of ICTSI’s shipping partners and local port users. With this new system, the productivity level in both landside and seaside would accelerate.

For the coming months, SPICT will roll out all the modules and orient the port users at Lae how to handle international cargos.

Also, SPICT looks forward to investing in infrastructures and information technology system amounting to P47.73 million. In April, ICTSI expects that the suite models will be ready to operate for MHC or mobile harbor cranes. Through MHCs, productivity levels at Port Lae are expected to boost as well as its way of handling vessel activities.

ICTSI aims to improve Port Lae’s facilities and capabilities to be a gateway to South Pacific region.

Currently, ICTSI has developed projects in market economies all throughout Asia Pacific, Europe, Middle East, America and the Middle East.

About the Author
The Stock Signals Philippines is the online news media arm of Equilyst Analytics. Inc., an SEC-registered stock market consultancy firm in the Philippines that guides Filipinos on long-term investing and short-term trading and offers mentoring services.

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