By Genivi Factao
Cagayan de Oro City — Cagayan de Oro port, the last link in the
central nautical highway has yet to develop its RoRo facilities
and expand its port to be able to compete effectively with the
nearby and newly opened Mindanao Container Terminal.
The Mindanao Container Terminal, previously
operated by Phividec Industrial Authority (PIA), is now bring
run by International Container Terminal Services, Inc. (ICTSI.
CDO is but a stone’s throw awayor roughly
seven kilometers from MCT, both located in Misamis Oriental.
"MCT has good potential and all we need to do
is to market it properly" said ICTSI chairman Enrique Razon, who
estimated that growth will be 10 percent in its first full year
of operations.
CDO port manager Engr. Efren Bollozos said
CDO welcomes the new operator, proving that there is no
monopoly.
"CDO has its advantages and MCT too has a lot
to offer to clients. We allow competition so that operators will
improve their services. We have to work where we are weak," he
said.
Bollozos said Phividec used to pay 5 percent
of its revenues to CDO.
He sees a modest growth in its operations for
this year.
He added that growth will be boosted by its
regular clients. He said growth could have been higher if the
upgrade in facilities such as
RoRo berth, construction of wharf and the
back-up area for cargo are in place.
The government is linking the islands in
Northern Mindanao by making RoRo operations efficient.
At present, CDO has pending request from the
Philippine Ports Authority (PPA) of one gantry crane.
"It is an assurance to shipping lines that if
one crane bogged down we have another one to replace it and
avoid interruptions inside the port", he said.
The RoRo berth, he said, will need P400
million. He said he needs P900 million to finance the expansion
of CDO.
MCT, a flagship project in Mindanao is
designed to accommodate an annual throughput of 270,000 TEUs.
The berth length is 300 meters with a depth
of 13 meters. He said MCT could accommodate only 2 vessels.
Total cargo volume is targeted to increase by
5 percent this year.
CDO caters to agro industrial inputs like
fertilizers.
Last year, the port generated revenues of
P146 million, up from the previous year’s P135 million.
MCT has two gantry cranes and four
rubber-tired gantries.
MCT ‘s infrastructure development is needed to pump prime
Mindanao development. MCT’s three regular callers are Maersk,
National Marine Corp. and Lorenzo Shipping Corp.