F E B R U A RY 2 0 1 4 The Official Publication of International Container Terminal Services, Inc.
ICTSI invests in DR Congo
Directory
ICTSI Global Operations
Staff Box
PortFolio is published by International Container Terminal Services, Inc. for its employees.
NARLENE A. SORIANO JUPITER L. KALAMBAKAL JOHN PAULO C. COSTINIANO ZINNO B. GUDEZ MARIE ANNALIE T. MARFIL MAVERICK A. JAVIER PAOLO MIGUEL S. RACELIS JUSTINO RAMON L. TAYAG III Photographers RONNEL P. JAVIER DEXTER F. LANDICHO EDWARD R. MILAG
Editor-in-Chief Managing Editor Associate Editor Researchers
Correspondents Manila ALBERT JOSEPH R. CANCERAN MA. BERNADETTE C. DE GUZMAN MA. CONCEPCION M. DIZON ROSE A. LOBRIN RICARDO D. PAREDES JESTONIE V. VINSON Davao City CHIARA MAY C. ATIS Gen. Santos City REJAMNA S. PANDANGAN Misamis Oriental KIRK KHURNYLLA R. GONO
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: jcostiniano@ictsi.com • URL: www.ictsi.com/media-center/newsletters/
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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.
F E B RUA RY 2 0 1 4
Contents
4 5 6 9 10
ICTSI invests in DR Congo
ICTSI sells 25% stake in Nigerian terminal to CMAT
EKRazon, three others triumph at 23rd ICTSI golf tourney
Do Good
Healthy Lifestyle
4 5 8 10 11
Matadi: The stone city of Congo
ICTSI officers visit Tacloban Port
Port Strategy cites MICT’s disaster preparedness
Level Up
People
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 .
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ICTSI Newsbreak
ICTSI invests in DR Congo International Container Terminal Services, Inc. (ICTSI) recently announced its investment in and the establishment of its first terminal in the Democratic Republic of Congo (DRC). “We have been following the positive economic developments in DRC closely and are proud that we can take part in building the needed infrastructure for the future growth and prosperity of the country,” says Enrique K. Razon Jr., ICTSI Chairman and President. “We are looking forward to bringing new and improved service to this fast-growing economy. We believe we can make a positive impact and decrease total transportation time and cost through this modern and efficient facility,” states Jens Floe, ICTSI Senior Vice President responsible for the Africa Region. ICTSI Congo DR will be located on the riverbank of the Congo River in Matadi, which is already today the main entry point for containers into DRC serving the greater region and the Kinshasa market. The facility will, in Phase 1, be able to handle 120,000 twenty-foot equivalent units and 350,000 metric tons. The capacity and berth length can, subject to demand, be doubled in Phase 2. Phase 1 will consist of two berths with a total length of 350 meters, which will be servicing shipping lines, importers and exporters with its modern infrastructure, state-of-the-art equipment and highly skilled staff, matching international standards. It is estimated that the total capital expenditure of the project for Phase 1 will be approximately US$100 million. The facility is expected to commence operation in 2015. ICTSI Congo DR is a joint venture owned 60 percent by ICTSI and 40 percent by Simobile S.P.R.L.
Matadi: The stone city of Congo Matadi is the main sea port of the Democratic Republic of Congo and the capital of the Bas-Congo province with one of the largest harbors in central Africa and a mile-long waterfront that is cut in granite. It is situated on the left bank of the Congo River opposite the town of Vivi. Founded by BritishAmerican explorer Sir Henry Morton Stanley in 1879, the city takes its name from the Kikongo word for stone. Matadi serves as a major import and export point for the whole nation. Chief exports are coffee and timber. (Sources: www.wikipedia.com and global.britannica.com)
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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.
F E B RUA RY 2 0 1 4
ICTSI sells 25% stake in Nigerian terminal to CMAT ICTSI Capital B.V. (ICBV), a subsidiary of International Container Terminal Services, Inc. (ICTSI), executed a Share Purchase Agreement (the Agreement) with CMA Terminals (CMAT), a member of the CMA-CGM Group, last 26 January. Under the Agreement, ICBV sold its 25 percent shareholding in Lekki International Container Terminal Services LFTZ Enterprise (LICTSLE), the Nigerian subsidiary of ICTSI, to CMAT. The joint venture forged between ICTSI and CMAT in LICTSLE is expected to further improve the viability of the project in the Lagos Free Trade Zone at Ibeju Lekki, Lagos
The Lekki International Container Terminal at full build
State, Federal Republic of Nigeria. The joint venture will also reduce the investment requirement of ICTSI in LICTSLE to its pro-rata shareholding. In March 2012, ICTSI and Lekki Port LFTZ Enterprise signed a Memorandum of Understanding (MoU) for the operation of the Deep Water Port Container Terminal in Lagos, Nigeria. The MoU covers a period of 21 years from development to full operation.
At the signing of the Agreement (from left): Samantha Roberts, Reed Smith Partner and ICTSI Legal Counsel; Kim Dassesse, CMA-CGM Group Internal Counsel; Jens Floe, ICTSI Senior Vice President for Africa Region; Farid Salem, CMA-CGM Group Chief Executive Officer; Aude Viornery, CMAT Business Development Manager; and Gagan Seksaria, ICTSI Africa Region Chief Financial Officer and Investments Head
ICTSI officers visit Tacloban Port Enrique K. Razon Jr., International Container Terminal Services, Inc. (ICTSI) Chairman and President; and Christian R. Gonzalez, ICTSI Head of Asian Region, recently visited the Port of Tacloban in Eastern Visayas, Philippines. Mr. Razon had sent cargo handling equipment and personnel to run the port after the province was hit by typhoon Haiyan. ICTSI has been running the port free for over two months, and will continue to do so until the government’s relief operations taper off. Photo shows ICTSI personnel posing for a memento with Messrs. Razon and Gonzalez.
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 .
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ICTSI Newsbreak
EKRazon, three others triumph at 23rd ICTSI golf tourney Former LPGA number one LOchoa graces invitational
Enrique K. Razon Jr., International Container Terminal Services, Inc. (ICTSI) Chairman and President, scored 46 (net) to become champion in Class A of the 23rd ICTSI Invitational Golf Tournament along with three others, namely, Vincent Albert in Class B, Juan Sta. Ana in Class C, and Jun Reyes in the Fellowship Class. Gracing this year’s invitational was former Ladies Professional Golf Association number one Lorena Ochoa who awarded trophies and prizes to Mr. Razon, his fellow champions and other winners. Earlier, Ms. Ochoa held a golf clinic for ICTSI-backed lady golfers. Over 100 business associates, shipping line executives, government officials, and other select executives played in the exclusive annual event held last 1 February at The Country Club in Canlubang, Laguna, Philippines. The event’s major raffle prize, a Lexus IS350, went to Donato Almeda of Bloomberry Resorts Corporation. Celebrity host Issa Litton hosted the awarding ceremony.
Class A Champion 1st Runner-up 2nd Runner-Up 3rd Runner-up 4th Runner-up
Enrique K. Razon Jr. Juan Ibazeta Therese Dabao Arnie Brizuela Rico Brizuela
Class C Champion 1st Runner-up 2nd Runner-Up 3rd Runner-up 4th Runner-up
Class B Champion 1st Runner-up 2nd Runner-Up 3rd Runner-up 4th Runner-up
Vincent Albert Jay Valdez Manny Salgado Jimmy Bartolome Benjamin Herbosa
Class D / Fellowship Champion Jun Reyes 1st Runner-up Leandro Achacoso 2nd Runner-Up Miguel Pertierra 3rd Runner-up Max Lumempouw 4th Runner-up Patrick Ronas
Vincent Albert (center), Class B Champion, with Mr. Razon and Ms. Ochoa 6
Juan Sta. Ana (center), Class C Champion, with Mr. Razon and Ms. Ochoa
Juan Sta. Ana Jun Lacson Shuji Harada Gerry Sy Willy Soong
Enrique K. Razon Jr. (left), Class A Champion; and Lorena Ochoa
Jun Reyes (center), Fellowship Class Champion, with Mr. Razon and Ms. Ochoa
Donato Almado (center) exults in winning a brand-new Lexus IS350 courtesy of ICTSI.
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 .
F E B RUA RY 2 0 1 4
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.
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ICTSI Newsbreak
Port Strategy cites MICT’s disaster preparedness
Port Strategy recently cited International Container Terminal Services, Inc. (ICTSI) flagship Manila International Container Terminal (MICT) for its disaster preparedness and formation of an Emergency Response Team in its January issue. Port Strategy wrote: “There is a lot to learn from entities such as Philippine-based international terminal operator ICTSI, which at its Manila and other Philippine terminals, puts in place extensive preparations when a typhoon warning is signaled. Among other arrangements, the MICT maintains a specially trained response group to prepare the terminal to ensure personnel, hardware and facility safety in the face of such a threat.” 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.
F E B RUA RY 2 0 1 4
Do Good
ICTSI is one of DSWD’s best corporate donors By Joy Lapuz
International Container Terminal Services, Inc. (ICTSI) was a recipient of the Panata ko sa Bayan Award given by the Philippine Department of Social Welfare and Development (DSWD) on the occasion of the latter’s 63rd anniversary held last 16 January at the DSWD Central Office in Quezon City, Philippines. ICTSI was one of the organizations awarded under the The Company also spearheaded the formation of a team Salamat Po (Thank You) category which recognized corporate comprised of representatives from shipping lines, barge donors, volunteer organizations, and non-government operators and association of construction contractors to organizations for their contributions to the government accrue other logistics assistance. In lieu of its Christmas party, agency’s efforts for the victims of typhoon Yolanda. ICTSI held a Christmas party for 1,500 families in Tacloban One significant contribution of ICTSI was its support where 3,000 teddy bears, Christmas packages and meals to DSWD’s request for assistance in transporting goods to were distributed. Tacloban. ICTSI converted the Manila International Container Through all these efforts, ICTSI was in constant Terminal’s CFS 1 into DSWD’s hub for the repacking of coordination with the government team comprised of DSWD, relief goods, and provided manpower and equipment. ICTSI Department of Finance, Department of Transportation and responded to the government’s request to operate the Communications and the Philippine Ports Authority. Tacloban Port, which served as DSWD’s offloading facility for In a letter addressed to Enrique K. Razon Jr., ICTSI relief goods coming from Manila. Chairman and President, Corazon Juliano-Soliman, DSWD To speed up the dissemination of relief goods, ICTSI Secretary, wrote that ICTSI has been a strong and reliable sent a team of highly skilled operations personnel, and partner of the DSWD in the implementation of livelihood deployed a cargo handling equipment fleet to Tacloban Port. programs and relief operations.
Filipina Laurena (left), ICTSI Foundation, Inc. Deputy Executive Director, receives the Panata ko sa Bayan Award on behalf of International Container Terminal Services, Inc. from Corazon Juliano-Soliman, Philippine Department of Social Welfare and Development Secretary.
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 .
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Level Up
ICTSI retirement orientation Seminar Attendees
: Retirement orientation. : International Container Terminal Services, Inc. (ICTSI) employees. Date : 20 January. Venue : ICTSI Training Room. Facilitators : Sherwin Sanchez and Leila Peralta, ICTSI Human Resources Assistant Managers (Conn Dizon)
Healthy Lifestyle
Your 2014 guide to healthy living (part 2) Reprinted from The Philippine Star / By Dr. Tyrone Reyes KEEP MOVING. Lack of physical activity is an independent risk factor for nearly all of the diseases that are most likely to kill or disable you. In the long-running Framingham Heart Study, sedentary subjects died a year and a half earlier than those who were moderately active. Those who were very active enjoyed three and a half more years than their sedentary counterparts. Regular moderate exercise can help to protect you against the following problems: heart disease and stroke, cancer, diabetes, osteoporosis, arthritis, accidents, depression and anxiety, and infections.
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GET ENOUGH SLEEP. Medical evidence suggests that for optimum health and function, the average adult should get seven to nine hours of sleep daily. But many people regularly fall short of that goal. And as your sleep debt mounts, the health consequences increase, putting you at growing risk for weight gain, diabetes, heart disease, stroke, and memory loss. In some cases, sleep debt results from insomnia or other underlying conditions that may require medical attention. But most sleep debt comes from burning the candles at both ends — consistently failing to get to bed on time and to stay there until you’ve slept enough. Fortunately, sleep doesn’t charge interest on the unpaid balance, or even demand a one-for-one repayment. It may take some work, but you can repay even a chronic, longstanding sleep debt.
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.
F E B RUA RY 2 0 1 4
Healthy Lifestyle USE SUPPLEMENTS SELECTIVELY. It was once believed that it was possible to compensate for dietary deficiencies by simply popping a multivitamin pill every day. But research suggests that multivitamins may not be all they’re cracked up to be. In 2006, the US Natural Institutes of Health said there wasn’t enough evidence for a recommendation about taking multivitamins. There’s also been little or no evidence of protection against cardiovascular disease or cancers from a number of individual vitamin supplements, including vitamin E, vitamin C, beta carotene, and the B vitamin trio — B6, B12, and folic acid. Recent research suggests that potential harm has been added to the mix. In 2008, a Cochrane Collaboration review found that low-risk people in trials for a host of diseases who were given supplements of vitamin A, vitamin E, and beta-carotene had a slightly higher death rate. And there’s some evidence that excess folic acid (the synthetic version of folate, a vitamin found abundantly in vegetables, fruits, and grains) may be contributing to an uptick in colon
polyps. Both observations, though, warrant further study. Experts agree that the best way to get the nutrients we need is through food. It is likely that what counts is the synergistic interaction of these nutrients — which might also help explain why trials of single nutrients don’t pan out. However, it may be too soon to draw the line on all supplements. Adequate calcium and vitamin D are essential in preserving bone density. Although you can get the recommended 1,200 mg. calcium requirement in your diet, studies suggest that most women do not. It is possible to get the recommended vitamin D intakes (400 IU for women ages 51 to 70; 600 IU for women ages 71 and older) through diet or sun exposure. But many health experts now recommend getting 1,000 IU, which is harder to do without taking supplements. Consult your doctor about the appropriate supplementation for you. Start the year right by following the seven steps discussed in this article to a longer and healthier life. Discover how you can feel better, look better, and live longer in these seven easy steps. Have a healthy new year!
People
Movements (January 2014) New Hires Melvin C. Ang Jireh John E. Macabebe Rexander R. Tolosa Lorenz Rovin C. Relloto Dan G. Bonuel Benigno C. Aquino
Financial Reporting Assistant Manager, Corporate Controllership Electrical Technician, Engineering-FMS GPW on call, Operations-CY / Marine GPW on call, Operations-CY / Marine GPW on call, Operations-CY / Marine GPW, Operations-CY / Marine
Retirements / Resignations Marino A. Cabalda Gaspar G. Almosara Edilberto T. Sarmiento Joel C. Dimacali Fernando M. Milan Ramon P. Capistrano
RTG Operator, Operations-CY / Marine QC Operator, Operations-CY / Marine Foreman, Operations-CFS RTG Operator, Operations-CY / Marine Winchman, Anchorage Operations Clerk, Anchorage
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People
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