{"id":1419,"date":"2021-02-24T03:05:06","date_gmt":"2021-02-23T20:35:06","guid":{"rendered":"https:\/\/directorsdirectory.com\/?post_type=listing&p=1419"},"modified":"2024-01-28T14:58:21","modified_gmt":"2024-01-28T07:58:21","slug":"port-of-subic-bay","status":"publish","type":"post","link":"https:\/\/directorsdirectory.com\/port-of-subic-bay\/","title":{"rendered":"Port Of Subic Bay"},"content":{"rendered":"\t\t
Situated southwest of Luzon Island, the Port of Subic in the Philippines stands as a key seaport in South East Asia. Its advantageous location, approximately 100 kilometers northwest of Manila Bay, boasts a natural deep harbor and sheltered anchorage. These natural attributes contribute to its resilience against typhoons, establishing it as a preferred hub for deep-sea, short-sea, and inland shipping.<\/p>\n
Encompassing 41 hectares, the Port of Subic hosts 15 operational piers and wharves, accommodating diverse functions. These include terminals for bulk fertilizer, bulk grains, general cargo, and passenger\/cruise ships. Additionally, the port features shipbuilding and ship repair facilities, enhancing its capabilities to handle various sea vessels, including Panamax Class container vessels.<\/p>\n
With modern container terminals boasting a collective handling capacity of 600,000 TEUs per annum, the Port of Subic excels in containerized cargo operations. These terminals, equipped for domestic and regional container shipping, offer both on and off-dock marine port cargo and container handling services. The strategic positioning along major sea lanes ensures accessibility to regional markets and international shipping ports.<\/p>\n
Demonstrating a commitment to continuous improvement, the Port of Subic has invested over US$800 million in expanding and modernizing its infrastructure. This strategic investment aims to uphold operational efficiency and capacity, ensuring the port’s readiness for future growth and evolving customer requirements. Such forward-looking initiatives contribute to the port’s long-term sustainability.<\/p>\n
The port provides essential pilot services for vessels entering and leaving, regulating navigational traffic within its designated zones. Harbor Pilots are available 24\/7, ensuring safe and efficient maritime activities. Ongoing developments include the New Container Terminal, a testament to the port’s responsiveness to the growing demands of seaborne trade in Northern and Central Luzon.<\/p>\n
The Port of Subic has been at the center of corporate rivalries and joint ventures, dating back to 2009. Recent developments involve Harbour Centre Port Terminal Inc. (HCPTI) entering into a joint-venture deal with the Subic Bay Metropolitan Authority (SBMA). This collaboration aims to modernize the port, yard, and cargo handling operations, fostering economic growth, job creation, and increased trade and investment.<\/p>\n\n