PORTFOLIO The Official Publication of International Container Terminal Services, Inc.
INTERNATIONAL EDITION • August 2016
VICT takes delivery of first batch of automated STS cranes
PORTFOLIO
INTERNATIONAL EDITION
ICTSI OPERATIONS
TABLE OF CONTENTS
ICTSI NEWSBREAK 6 YICTL starts searailway transport service
COVER STORY 4 VICT takes delivery of first batch of automated STS cranes 5 ICTSI Australia unit signs AUD398 million loan facility
2
7 SBITC ready to accommodate larger volumes
7 Pasasalamat: A Night of Thanksgiving for SBITC
9 ICTSI 1H2016 volumes up 10%
8 BGT celebrates Chairman’s Cup nod
10 MICT ITSS upgrades backup, restore system
6 BCT, AGCT join FEPORT
T h e O f f i c i a l P u b l i c a t i o n o f I n t e r n a t i o n a l C o n t a i n e r Te r m i n a l S e r v i c e s , I n c .
International Container Terminal Services, Inc.
AUGUST 2016
LEVEL UP 11 PICT holds SAP training
SAFETY 12 MICT conducts earthquake awareness drill
11 Line leaders 12 MICT employees attend Lead to Inspire get emergency kits Self Workshop
DO GOOD 13 YICTL offers internship, scholarship to WHUT students
14 BIPI joins tree planting, cleanup drive at Tabok riverbank
13 ICTSI Foundation, 14 ICTSI Foundation, PRO in outreach for SBITC help Kanawan children of Asian Integrated School Social Institute
15 ICTSI employee volunteers join Marikina watershed tree planting
SPORTS 16 ICTSI regains annual PSE Futsal Cup crown
16 ICTSI Foundation holds seminar for Manila public school teachers
T h e O f f i c i a l P u b l i c a t i o n o f I n t e r n a t i o n a l C o n t a i n e r Te r m i n a l S e r v i c e s , I n c .
3
PORTFOLIO
INTERNATIONAL EDITION
COVER STORY
V
VICT takes delivery of first batch of automated STS cranes
By Claire Jordan-Whillans
ictoria International Container Terminal (VICT) took delivery of the first batch of neo-Panamax ship-to-shore cranes last 2 July at Webb Dock East, months ahead of the scheduled opening in January 2017. The three automated STS cranes form part of the total five that will be commissioned for operation in 2017. “These are some of the safest STS cranes in the world,” says Anders Dømmestrup, VICT CEO. “Having the STS cranes working almost fully automated in combination with all of the other automated equipment will greatly improve the working conditions at the terminal and reduce injuries considering there is no need for physical human interface.” Each unit stands 65 meters high and weighs around 1,100 tons. These
4
semi-automated, remote-controlled machines are also the first of their kind in Australia. Capable of a 65 metric ton twin-lift, they are fully able to service +10,000TEU vessels – this is well above the current size of ships to visit Melbourne – and offer a much higher level of productivity. The three ship-toshores will be commissioned by early September followed by the start of full integration trials prior to a possible first vessel call in mid to late October.
Back in March, Kalmar delivered the first four automated stacking cranes (ASC) to VICT as part of Phase 1 equipment deliveries. This was followed by an additional four ASCs in April and June, respectively. A further delivery of two automated ship-to-shore cranes and a further eight ASCs will take place in October 2016. VICT will operate under a 26-year concession agreement with the Port of Melbourne Corporation.
T h e O f f i c i a l P u b l i c a t i o n o f I n t e r n a t i o n a l C o n t a i n e r Te r m i n a l S e r v i c e s , I n c .
International Container Terminal Services, Inc.
AUGUST 2016
“Having the STS cranes working almost fully automated in combination with all of the other automated equipment will greatly improve the working conditions at the terminal and reduce injuries considering there is no need for physical human interface.” — Anders Dømmestrup VICT CEO.
VICT’s automated neo-Panamax ship-to-shores are manufactured by ZPMC. The color grey was chosen for these cranes as a result of discussions with the local community on how the equipment would better blend with the surroundings.
VICT signs AUD398 million loan facility
Victoria International Container Terminal (VICT) recently signed a syndicated loan facility worth AUD398 million (approximately USD300 million) facilitated by leading global financial institutions Citibank N.A., KFW IPEX-Bank and Standard Chartered Bank as mandated lead arrangers and bookrunners; Bank of China Limited, DBS Bank Ltd., and Investec Bank PLC as mandated lead arrangers; and Cathay United Bank as lead arranger. The facility provides significant financial flexibility with long-dated tenors of seven, 10 and 16 years. Finland-based export credit agency Finnvera was also involved in the transaction as a guarantor for a portion of the facility. The newly-secured financing will support the on-going construction and development of VICT at Webb Dock East, Port of Melbourne, Australia. Christian Gonzalez, VICT Chairman and ICTSI Group Senior Vice President and Regional Head - Asia Pacific & MICT, welcomed the news and congratulated the lenders for sharing the common vision of providing the Melbourne container market with a truly leading-edge service that will benefit all port users and stakeholders. Anders Dømmestrup, VICT CEO, said “VICT is extremely pleased to have signed this project finance facility with internationally renowned banks as this is a testament to the viability of VICT. We remain committed to working with all our partners – the Port of Melbourne, local community, our contractors, and now our lenders – to deliver to Melbourne a world-class and industry-leading container terminal.” “The VICT deal has pushed the project finance envelope in Australia on a number of aspects, and this has made the process quite challenging. Thanks to the collaborative effort of our lending partners, we achieved a final debt structure that positions VICT for both short and long-term financial strength,” added Manuel Pasca, ICTSI Corporate Finance Director. With this deal, ICTSI continues its streak of successful funding transactions. In addition to deals done at the corporate level every year since 2010, ICTSI secured a major project finance facility last October 2015 after Contecon Manzanillo S.A. de C.V. signed a USD260 million loan for its port development and operations in Port of Manzanillo, Mexico. The banks’ confidence in both VICT and ICTSI confirms both the robustness of the VICT business plan, as well as the strong track record of ICTSI in effectively implementing container terminal projects.
T h e O f f i c i a l P u b l i c a t i o n o f I n t e r n a t i o n a l C o n t a i n e r Te r m i n a l S e r v i c e s , I n c .
5
PORTFOLIO
INTERNATIONAL EDITION
ICTSI NEWSBREAK
YICTL starts sea-railway transport service by Michael Qi
Yantai International Container Terminals Ltd. (YICTL) launched its sea-rail transport service last 28 July, loading 24 rail container tankers containing the chemical Butanediol (BDO) for export onto the vessel Dong Young Dalian.
Sea-rail transportation is a form of intermodal transport involving trains and ships. The chemical was transported from Xinjian by rail and then shipped directly to the Port of Ulsan from YICTL by sea. After the initial shipment, another three batches, each consisting of 24 rail container tankers of the same cargo, are scheduled for delivery within the next three weeks. The launch also served as a milestone for YICTL client MarkorChem, which exported BDO from Xinjiang Province to South Korea. A non-dangerous chemical, BDO is industrially used as a solvent in the manufacture of different plastic types, elastic fibers and polyurethanes. As an important sea-railway transshipment hub of the national “One Belt and One Road” program, YICTL is prepared to serve similar projects of this kind in the future between China’s Xinjiang Province and South Korea.
Personnel from YICTL, Core Management Logistics, and MarkorChem witnessed the launch of the sea-rail transportation service in YICT.
Rail container tankers containing BDO are loaded onto the vessel Dong Young Dalian.
BCT, AGCT join FEPORT Baltic Container Terminal (BCT) and Adriatic Gate Container Terminal (AGCT) are among the newest members of FEPORT, a policy-led and policy-driven organization representing the interests of a large number of terminal operators and stevedoring companies carrying out activities within the 400 plus terminals and seaports across the European Union. “We are excited and privileged to join FEPORT. Our membership will strengthen
6
the voice of terminals in the European fora and also in our home markets,” said Krzysztof Szymborski, BCT CEO. He adds: “We also believe that through joint work and discussions with other FEPORT members, we will be able to contribute to positive developments of the industry in Poland and Croatia, as well as the rest of Europe.” Representing more than 1,200 companies, FEPORT promotes the interests of its members by ensuring inclusive dialogue and constructive exchange of views with European policy-makers.
T h e O f f i c i a l P u b l i c a t i o n o f I n t e r n a t i o n a l C o n t a i n e r Te r m i n a l S e r v i c e s , I n c .
International Container Terminal Services, Inc.
AUGUST 2016
SBITC ready to accommodate larger volumes Subic Bay International Terminal Corp. (SBITC) President and General Manager Roberto Locsin is confident that with all the recent upgrades to New Container Terminals (NCT) 1 and 2, SBITC will be more than capable of handling the projected increase in cargo volume in 2016 as investors continue to use Subic.
“The upgrades will ensure that our clients, both local and international, will receive world-class service at the shortest turnaround time. Our seamless and cost-effective transfer of goods allows port users to maximize their business operations,” said Mr. Locsin. Last year, the Subic Bay Metropolitan Authority (SBMA), in partnership with SBITC, opened a one-stop shop (OSS) inside NCT 1, which reduced the processing of port documents from one day to just four hours. Inside the OSS is a lounge where brokers can access Wi-Fi and use workstations. In terms of equipment, SBITC beefed up its fleet with additional 45-ton lift capacity reach stackers. Last year, the Port of Subic saw a 75 percent increase in port calls as shipping companies who have been using Subic for more than five years capitalized on lower harbor and berthing fees. SBITC also worked to establish strategic business partnerships that paved the way for more competitive trucking costs. Similar to what has been implemented in the Port of Manila, a pre-advise system was also recently rolled out in Subic to optimize the flow of trucks and reduce dwell times in the port.
Pasasalamat: A Night of Thanksgiving for SBITC Subic Bay International Terminal Corporation (SBITC) hosted “Pasasalamat,” a thanksgiving celebration last 24 June to commemorate the Company’s business improvements in 2015. SBITC was conferred a special citation in this year’s Chairman’s Cup, an annual recognition program that puts the spotlight on the topperforming terminals in the ICTSI Group.
Each subsidiary is judged on the following factors: growth in revenue, earnings before income tax, depreciation and amortization, net income, improvement in return of investment capital and cash distribution to the parent Company. MICT and ICTSI officers including Christian R. Gonzalez, ICTSI Senior Vice President and Regional Head for Asia Pacific and MICT; Christian Lozano, MICT Commercial & Risk Management Director; and Roberto Locsin, SBITC President and General Manager, as well as partners from the Shared Services Department, joined the festivities.
At the festivities (from left): Christian Gonzalez, Christian Lozano and Roberto Locsin
SBITC executives and personnel A reach stacker loads a container onto a prime mover. Last year, SBITC commissioned additional reach stackers to beef up its equipment fleet in anticipation of increased volumes as more businesses start going to Subic. The one-stop shop helps facilitate the seamless flow of transactions, effectively reducing documentary processing times from one day to four hours. File photo shows (from left) Marcelino Sanqui, SBMA Seaport and Airport Senior Deputy Administrator; Roberto Garcia, SBMA Chairman and Administrator; Rene Almendras, former Cabinet Secretary; and Roberto Locsin, SBITC President and General Manager, during the OSS inauguration.
T h e O f f i c i a l P u b l i c a t i o n o f I n t e r n a t i o n a l C o n t a i n e r Te r m i n a l S e r v i c e s , I n c .
7
PORTFOLIO
INTERNATIONAL EDITION
ICTSI NEWSBREAK
BGT celebrates Chairman’s Cup nod By Sheeba Khan
Basra Gateway Terminal (BGT) staged a staff party on 2 July to celebrate the Company’s second runner up citation for this year’s Chairman’s Cup. BGT’s award was the result of a solid performance in 2015. Staff and support personnel attended the event, which was spearheaded by Phillip Marsham, BGT CEO, and Munther Al-Saiegh, BGT Commercial Manager. The two officers congratulated all the employees for their stellar performance. The citation serves as a morale booster for everyone in BGT, knowing that their efforts have been recognized by ICTSI Manila. Each of the attendees received Chairman’s Cup shirt as mementos. Children’s school bags were also distributed as Ramadan gifts.
Hussein, Mustafa, Munther Al-Saiegh, Mohamed and Mortada
BGT staff with their families
Muhamed Imchichi, Gary Valles, Fruzzel Paul Dianzen, John Jayobo and Phillip Marsham
At the party (from left): Tony Fothergill, Jim Stewart, Davit Karchava and Jerry Gilbert 8
T h e O f f i c i a l P u b l i c a t i o n o f I n t e r n a t i o n a l C o n t a i n e r Te r m i n a l S e r v i c e s , I n c .
International Container Terminal Services, Inc.
AUGUST 2016
ICTSI 1H2016 volumes up 10% EBITDA improves 8% to all-time high, net income reduced by 13% due to start-ups International Container Terminal Services, Inc. (ICTSI) recently reported unaudited consolidated financial results for the first half of 2016, posting revenue from port operations of US$550.8 million, a slight decrease of 0.2 percent from the US$552.1 million reported in the first six months of 2015; Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) of US$257.5 million, eight percent higher than the US$237.4 million for the same period last year; and net income attributable to equity holders of US$87.3 million, down 13 percent against the US$100.4 million earned in the first half of 2015. Net income attributable to equity holders declined mainly due to unfavorable volume mix, lower noncontainerized and storage revenues, and lower capitalized borrowing costs and higher depreciation and amortization expenses related to Tecplata S.A. (Tecplata), the company’s new terminal in Buenos Aires, Argentina. Excluding the effect of Tecplata and new projects, consolidated net income attributable to equity holders would have increased by six percent. Diluted earnings per share for the period was 26 percent lower at US$0.031 compared to US$0.042 in the same period in 2015. For the quarter ending 30 June 2016, revenue from port operations increased 11 percent from US$256.0 million to US$284.3 million and EBITDA surged 23 percent to US$135.5 million, from US$109.8 million. Net income attributable to equity holders declined three percent, from US$46.4 million to US$45.1 million in 2016 mainly due to higher depreciation, amortization
and interest expense related to Tecplata. Diluted earnings per share for the quarter decreased 11 percent, from US$0.019 in 2015 to US$0.017 in 2016. ICTSI handled consolidated volume of 4,264,633 twenty-foot equivalent units (TEUs) in the first six months of 2016, 10 percent more than the 3,888,130 TEUs handled in the same period in 2015. The increase in volume was mainly due to the continuing ramp-up at ICTSI Iraq; new shipping line customers and services in the Company’s terminals in Guayaquil, Ecuador, Manzanillo, Mexico, Karachi, Pakistan and Jakarta, Indonesia; and improvement in trade activities at most of the terminals in the Asia region. For the quarter ending 30 June 2016, total consolidated throughput was 16 percent higher at 2,210,994 TEUs compared to 1,905,357 TEUs in 2015. Gross revenues from port operations for the first half of 2016 was slightly lower at US$550.8 million compared to the US$552.1 million reported in the same period in
2015. The 0.2 percent decrease in revenues was mainly due to unfavorable container volume mix, lower non-containerized and storage revenues, and unfavorable translation impact of the depreciation of local currencies to the US dollar at certain terminals. The decline, however, was partly offset by tariff rate adjustments and new contracts with shipping lines and services at certain terminals, and the continuing ramp-up at ICTSI Iraq. Excluding the translation impact of local currency depreciation to the US dollar, particularly the 24 percent depreciation of the Brazilian Reais (BRL) at TSSA, the 19 percent depreciation of the Mexican Peso (MXN) at Contecon Manzanillo S.A. (CMSA), and the five percent depreciation of the Philippine Peso (PHP) at various Philippine terminals, consolidated gross revenues would have increased by three percent. For the second quarter of 2016, gross revenues increased 11 percent, from US$256.0 million to US$284.3 million. The strong revenue Page 10
ICTSI and Subsidiaries Financial Highlights YoY Comparison For the six months ended June 30
1H 2015
1H 2016
% Change
USD 552.1
USD 550.8
-0.2%
EBITDA
237.4
257.5
8%
Net Income
105.7
92.6
-12%
Net Income Attributable to Equity Holders
100.4
87.3
-13%
Basic
0.042
0.031
-26%
Diluted
0.042
0.031
-26%
2Q 2015
2Q 2016
% Change
USD 256.0
USD 284.3
11%
109.8
135.5
23%
Net Income
48.9
47.6
-3%
Net Income Attributable to Equity Holders
46.4
45.1
-3%
Basic
0.019
0.017
-11%
Diluted
0.019
0.017
-11%
(In million USD, except Earnings per share data) Gross Revenues
Earnings per share:
For the quarter ended June 30
(In million USD, except Earnings per share data) Gross Revenues EBITDA
Earnings per share:
T h e O f f i c i a l P u b l i c a t i o n o f I n t e r n a t i o n a l C o n t a i n e r Te r m i n a l S e r v i c e s , I n c .
9
PORTFOLIO
INTERNATIONAL EDITION
ICTSI NEWSBREAK
MICT ITSS upgrades backup, restore system By Albert Canceran
The Business Applications Group under the Information and Technology Systems and Services (ITSS) department of the Manila International Container Terminal (MICT) recently upgraded the Company’s backup and restore system to Symantec Backup Exec 15. Symantec Backup Exec 15 provides administrators with a better option to prioritize the backup of MICT’s most critical servers. It also supports backups to cloud-based based storage services. Administrators can configure a storage device to be the destination for backup jobs, allowing them to manage all backup, restore, installation, and storage operation jobs.
ICTSI 1H2016...page 9 growth in the second quarter was driven by the continuing ramp-up at ICTSI Iraq, tariff rate adjustments and new contracts with shipping lines and services at certain terminals. Consolidated cash operating expenses in the first half of 2016 was 10 percent lower at US$204.2 million compared to US$226.5 million in the same period in 2015. The reduction in cash operating expenses was mainly driven by lower costs of repairs and maintenance and equipment rental at certain terminals; lower fuel costs as a result of the lower global prices of fuel and operational efficiencies; lower variable costs at ICTSI Oregon; the implementation of the group-wide cost optimization initiatives, and the favorable translation impact to the US Dollar of the Brazilian, Mexican and Philippine terminals’ local currency expenses. The decline in cash operating expenses, however, was tapered by the expense contributions and start10
“The upgrade enables my team to perform backup and restore operations more efficiently,” said Donaldo Delfin, ITSS database administrator. “The improved dashboards allow us to view statistics, respond to interactive alerts, review backup job history, and configure settings across the entire backup system,” he added.
up costs of new terminals and projects in Argentina, Australia and Democratic Republic of the Congo. Consolidated EBITDA for the first half of 2016 increased eight percent to US$257.5 million, from US$237.4 million in 2015 mainly due to the strong volume and revenue growth in the second quarter, and lower cash operating expenses for the period. Excluding the translation impact of currency depreciation, consolidated EBITDA would have increased by nine percent in the first six months of 2016. Consolidated EBITDA margin, on the other hand, increased to 47 percent in the first half of 2016 compared to 43 percent in the same period in 2015 as the new terminals continue to ramp-up and improve efficiencies. Consolidated financing charges and other expenses for the first six months of 2016 increased 38 percent to US$45.9 million, from US$33.3 million in 2015 mainly due to slightly higher average
loan balance and lower capitalized borrowing costs due to the cessation of the capitalization of interest expense as the Company opened its new terminal in Buenos Aires, Argentina. Capital expenditures for the first half of 2016 amounted to US$157.8 million, approximately 38 percent of the US$420.0 million capital expenditure budget for the full year 2016. The established budget is mainly allocated for the completion of the initial stage of the Company’s new container terminals in Australia, Democratic Republic of the Congo and Iraq, and the continuing development of the Company’s projects in Honduras and Mexico. In addition, ICTSI invested US$32.3 million in the development of SPIA, its joint venture container terminal development project with PSA International Pte Ltd. (PSA ) in Buenaventura, Colombia. The Company’s share for 2016 to complete the initial phase of the project is approximately US$60 million.
T h e O f f i c i a l P u b l i c a t i o n o f I n t e r n a t i o n a l C o n t a i n e r Te r m i n a l S e r v i c e s , I n c .
International Container Terminal Services, Inc.
AUGUST 2016
LEVEL UP
PICT holds SAP training By Arif Raza
Pakistan International Container Terminal (PICT) recently concluded a three-week SAP training program aimed at implementing the standard best practices across the ICTSI Group. The training program was tailored to meet specific requirements based on the input from PICT employees and ICTSI GT team, with the goal of increasing efficiency, cost savings, productivity and operational consistency at the terminal. The three-week seminar involved personnel from different departments who are nominated as power users. The commitment displayed by each participant showed that they trust the project to improve business processes, innovation and sustained productivity. Capt. Zafar Iqbal Awan, PICT Chief Executive Officer; Khurram Aziz Khan, PICT Chief Operating Officer; and Muhammad Hunain, PICT Chief Financial Officer led a simple ceremony after the training period to recognize the efforts of every participant.
Aside from the certificates of completion, prizes were also given to the participants based on their performance during the training. The first prize was given to Adil Siddique, who secured a 100 percent mark while the rest of the team earned a remarkable average of 91 percent.
PICT management together with the participants of the SAP training
Line leaders attend Lead to Inspire Self Workshop By Margie Cuadera
A total of 15 line leaders from different departments attended the latest run of the ongoing in-house leadership program Lead to Inspire Self Workshop held from 27 to 29 July in the The Bayleaf Intramuros. MICT recognizes the crucial role of leaders in creating and sustaining the culture of performance, safety and quality.
Participants of the Lead to Inspire Self Workshop held at the The Bayleaf Intramuros last July (from left, third row): Christian Cristobal, Ivan Yap, Rene Logronio, Albert Canceran, Michael Barizo, Alfred Valmocina, Philip Gonzales; (from left, second row): Winnie Agudo, Marge Cuadera, Maizel Cereno, Jeanette Cruz, Camille Martinez, Jennifer Ang, Aris Palayad; (from left, seated): Ruel Paredes, RV Martin and Ike Bancoleta.
Participants discussed self leadership and its importance and role in supporting a culture of performance, safety and quality at the Manila International Container Terminal (MICT). The workshop also touched on several topics including motivation, competence, communication, trust and accountability. Each participant shared their own experiences and opinions on the topics, which can be considered as “soft” skills. The takeaways from the workshop require a change in mindset and actions for both new and long-time line leaders. In the long run, these “soft” skills will drive the hard results and ensure the success of leaders and their teams.
T h e O f f i c i a l P u b l i c a t i o n o f I n t e r n a t i o n a l C o n t a i n e r Te r m i n a l S e r v i c e s , I n c .
11
PORTFOLIO
INTERNATIONAL EDITION
SAFETY
MICT holds earthquake awareness drill By Eammond Bryan Fraginal Members of the Manila International Container Terminal Emergency Response Team, together with personnel from different departments, participated in the Earthquake Seminar and Drill last 20 July. Present to assist and oversee the drill were Amy Daura Gaumboc from the National Disaster Risk Reduction and Management Council; Roberto Tiglao from the Philippine Institute of Volcanology and Seismology, and F01 Ryan Zaldy Abrera from the Bureau of Fire Protection.
The Emergency Response Team and other staff are briefed prior to the start of the drill.
Earthquake simulation using an empty container and a reach stacker
MICT employees get emergency kits
12
The MICT Safety & Emergency Response Team recently distributed disaster emergency kits to MICT employees in observance of the National Disaster Consciousness Month (July).
T h e O f f i c i a l P u b l i c a t i o n o f I n t e r n a t i o n a l C o n t a i n e r Te r m i n a l S e r v i c e s , I n c .
International Container Terminal Services, Inc.
AUGUST 2016
DO GOOD
YICTL offers internship, scholarship to WHUT students By Michael Qi Yantai International Container Terminal Ltd. (YICTL) has been in partnership with Wuhan University of Technology (WHUT) since 2014, providing internship opportunities and scholarship grants to deserving WHUT students and teachers. Just recently, 71 students successfully completed their internship requirements while another 12 received scholarship grants from YICTL. WHUT is renowned in China as one of the top schools that produce skilled personnel for the port industry.
Interns at YICT learn the work process at the YICT customer service center.
A YICTL safety officer explains workplace safety and guidelines to interns from WHUT.
ICTSI Foundation, PRO in outreach for children of Asian Social Institute By Melissa Echevarria
The ICTSI Public Relations Office joined the ICTSI Foundation for an outreach activity benefitting 68 children from Estero Santibañez, held at the Asian Social Institute (ASI), Malate, Manila last 29 July 2016.
Children aged five to 15 years old currently under the Social Development Program of Asian Social Institute (ASI) are taught good values, particularly the importance of keeping the environment clean and green as part of ASI’s Children and Youth in Action for Sustainable Future Program (CYASF). The goal of CYASF is to mold and educate community children through various child-centered activities. Volunteers participated in games together with the children. Bags with various grocery items and school supplies were distributed to the children. The Public Relations department’s participation in the activity is in line with the Foundation’s Employee Volunteerism Program, which aims to promote the spirit of volunteerism among ICTSI employees through projects that support the marginalized sectors of society.
J3 Tayag of Public Relations Office delivers shares an inspirational message to the children.
The children join Jollibee in the games.
During the turnover (from left): Dennis Batoy, ASI Vice-President for Social Development; Bambi Marfil, ICTSI Public Relations Assistant Manager; Jupiter Kalambakal, ICTSI Public Relations Manager; Joy Lapuz, ICTSI Foundation Program Operations Manager; Teresita Sikat, Barangay Chairperson and a community leader of Estero de Santibañez together with the kids of Estero de Santibañez.
ICTSI Foundation and Public Relations staff before the turnover of school supplies and gifts to the children of Estero de Santibañez.
T h e O f f i c i a l P u b l i c a t i o n o f I n t e r n a t i o n a l C o n t a i n e r Te r m i n a l S e r v i c e s , I n c .
13
PORTFOLIO
INTERNATIONAL EDITION
DO GOOD
BIPI joins tree planting, cleanup drive at Tabok riverbank By Ferdie Magtalas
Employees of Bauan International Port, Inc. (BIPI) participated in a tree planting and cleanup drive along Tabok River in San Andres Road, Bauan Batangas last 20 July 2016.
Organized by the clustered Multipartite Monitoring Team (MMT) of three member companies BIPI, Atlantic, Gulf & Pacific Company of Manila, Inc. and MHPS Philippines Inc., this yearly activity
aims to monitor compliance with the Environmental Compliance Certificate (ECC) for each company and promote environmental awareness together with local government units and stakeholders.
A total of 55 volunteers composed of representatives from the Bauan Police Force, Philippine Coast Guard – Batangas, Provincial Government Environment and Natural Resources Office – Batangas, and residents from barangays Sand Andres Uno, Manghinao Proper and San Roque planted 250 mahogany seedlings and collected 15 sacks of garbage from the riverbank.
Participants of the tree planting and orchestrated cleanup drive along the Tabok riverbank.
ICTSI Foundation, SBITC help Kanawan Integrated School By Marie Bernadette de Guzman
The ICTSI Foundation, in partnership with Subic Bay International Container Terminal Corp. (SBITC) and the Subic Bay Metropolitan Authority turned over books, reference materials and bookshelves to the Kanawan Integrated School last 7 July.
The donations, which were coursed through the Foundation’s Reading Nook Project, will benefit 241 Aeta students attending the only school at Sitio Kanawan, Morong, Bataan. Representatives from Adarna House also conducted a storytelling session with the students after the turnover ceremony. The Reading Nook Project aims to enhance the learning environment of students and improve their reading comprehension by giving them access to updated reading materials.
At the turnover (from left): Marie de Guzman, ICTSI Foundation Program Head; Mechell Madriaga, SBITC Safety Officer; Henry Dungca, SBITC Engineering Manager; Joy Lapuz, ICTSI Foundation Program Manager for Operations; Rodolfo Tamondong, Community Chieftain; Santiago Fuentes III, SBITC Terminal Manager; and Rhenezel Domingo and Johnrie Esguerra, Kanawan Integrated School teachers.
Aeta children wore their best smiles during the outreach activity
ICTSI Foundation, SBITC and SBMA personnel together with the teachers and students of Kanawan Integrated School Adarna House’s Kuya Nonoy Bonanciar delights students during the storytelling session.
14
T h e O f f i c i a l P u b l i c a t i o n o f I n t e r n a t i o n a l C o n t a i n e r Te r m i n a l S e r v i c e s , I n c .
Educational books and reference materials that were turned over to Kanawan Integrated School
International Container Terminal Services, Inc.
AUGUST 2016
ICTSI employee volunteers join Marikina watershed tree planting By Francis J Bartolome
Seventy-seven employee volunteers from International Container Terminal Services, Inc. (ICTSI) took part in a tree planting event at Purok 5, Barangay Calawis Antipolo City. The environment project was held in coordination with the Philippine Business for Social Progress (PBSP). More than 1,800 fruit-bearing trees were planted on the 3-hectare area. The activity is part of the Marikina Watershed Rehabilitation Project, which was initiated by the Philippine Disaster Resilience Foundation (PDRF) after the onslaught of Typhoon Ondoy in 2010. The project aims to renew deteriorating plant and animal biodiversity as a result of illegal logging, quarrying, land conversion and local agricultural and livelihood practices along the Marikina watershed area. Aside from promoting environmental preservation, the project also provides a source of income to Tulungan sa Kabuhayan ng Calawis, Inc. (TSKC), a local organization assigned to maintain ICTSI’s adopted area for five 5 years.
Volunteers are briefed before the start of the tree planting.
Volunteers in action Raymond Everett together with his family
Jason Guerrero shows his son how it’s done.
Volunteers share a meal before heading back home after the tree planting and cleanup.
ICTSI volunteers together with their families before the tree planting activity. T h e O f f i c i a l P u b l i c a t i o n o f I n t e r n a t i o n a l C o n t a i n e r Te r m i n a l S e r v i c e s , I n c .
15
PORTFOLIO
PORTFOLIO DO GOOD
PortFolio is published by International Container Terminal Services, Inc. for its employees, clients, and friends.
ICTSI Foundation holds seminar for Manila public school teachers
NARLENE A. SORIANO EDITOR-IN-CHIEF JUPITER L. KALAMBAKAL MANAGING EDITOR
By Marie Bernadette de Guzman
DENNIS T. SURIBA ASSOCIATE EDITOR RESEARCHERS ZINNO NICCOLO B. GUDEZ MARIE ANNALIE T. MARFIL PAOLO MIGUEL S. RACELIS RONNEL P. JAVIER
A total of 42 teachers from Raja Soliman Science and Technology High School and Rosauro Elementary School attended the Character Formation and Classroom Management seminar organized by the ICTSI Foundation last 16 July at the ICTSI Foundation Multipurpose Hall in Intramuros, Manila.
Participants of the Character Formation and Classroom Management seminar
PHOTOGRAPHERS DEXTER F. LANDICHO EDWARD R. MILAG JOHN PAOLO C. SIAT
The seminar is part of the Foundation’s Teacher Empowerment and Capability Honing (TEACH) program, which aims to provide relevant training courses and seminars to teachers in public schools located in ICTSI’s host communities. Emmanuel Rentoy of US-based Character Education Partnership (CEP) facilitated the seminars, which were divided into four modules. CEP is one of the leading organizers for trainings, seminars and conferences in the field of character development.
PHILIPPINE CORRESPONDENTS MANILA ALBERT JOSEPH R. CANCERAN MARIE BERNADETTE C. DE GUZMAN MA. CONCEPCION M. DIZON ROSE A. LOBRIN RICARDO D. PAREDES PAULO CARLO C. PEÑALBA JESTONIE V. VINSON FRANCIS J ALGERNON G. BARTOLOME JOY E. LAPUZ SUBIC OLGA C. URETA JULIUS DEL ROSARIO LAGUNA ANNIE MAGSINO TERESA TIDONG
Emmanuel Rentoy, an expert in character formation and classroom management expert, facilitated the one-day seminar for the teachers of Raja Soliman Science and Technology High School and Rosauro Elementary School.
BATANGAS BELLE LUCERO DAVAO CITY CHIARA MAY C. ATIS GEN. SANTOS CITY REJAMNA JUBELAG INTERNATIONAL CORRESPONDENTS ARGENTINA MAGDALENA RIANI AUSTRALIA CLAIRE JORDAN-WHILLANS CHINA SEAN XIE MICHAEL QI COLOMBIA JULIA DAZA CROATIA IVA ROMAN
SPORTS
ECUADOR KATTY OSSA BIANCHI GEORGIA KETEVAN ORAGVELIDZE
ICTSI regains annual PSE Futsal Cup crown
HONDURAS EVELYN LEIVA IRAQ SHEEBA KHAN MADAGASCAR MICHAEL RATRIMO MEXICO LORENA VALERO PAKISTAN ARIF RAZA SYED IMRAN MOOSA POLAND MICHAL KUZAJCZYK USA DAVID TRZYZEWSKI
International Container Terminal Services, Inc. (ICTSI) bested eight other teams to again win this year’s Philippine Stocks Exchange Futsal Cup held at the Emilio Aguinaldo College Gymnasium in Manila last 23 July. The ICTSI team, composed of employees and futsal enthusiasts from select listed and stockbrokerage firms, outplayed eventual runner-up First Metro Philippine Exchange – Traded Fund in the finals to reclaim the title, which they also won in 2012 and 2014. Photo shows the ICTSI Futsal Team after the awarding ceremony. 16
If you wish to receive a copy of the PortFolio, please write, call or e-mail us at: Public Relations Office, ICTSI Administration Bldg. Manila International Container Terminal, MICT South Access Road Port of Manila, 1012 Manila, Philippines Telephone: +632 / 245 4101 E-mail: dsuriba@ictsi.com URL: www.ictsi.com/media-center/newsletters/
T h e O f f i c i a l P u b l i c a t i o n o f I n t e r n a t i o n a l C o n t a i n e r Te r m i n a l S e r v i c e s , I n c .