ICTSI invests in DR Congo

February 2014
The Official Publication of International Container Terminal Services, Inc. • International Edition
ICTSI invests
in DR Congo
I N T E R N AT I O N A L E D I T I O N
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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
8
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
4
5
8
8
Matadi: The stone city
of Congo
ICTSI officers
visit Tacloban Port
Port Strategy cites MICT’s
disaster preparedness
Level Up
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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I N T E R N AT I O N A L E D I T I O N
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 BasCongo 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 British-American 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 State, Federal Republic of Nigeria.
The joint venture will also reduce the investment requirement of
The Lekki International Container Terminal at full build
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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I N T E R N AT I O N A L E D I T I O N
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
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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 .
International
Container Terminal
Services, Inc.
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 .
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I N T E R N AT I O N A L E D I T I O N
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.”
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 Salamat
Po (Thank You) category which recognized corporate donors,
volunteer organizations, and non-government organizations for their
contributions to the government agency’s efforts for the victims of
typhoon Yolanda.
One significant contribution of ICTSI was its support to DSWD’s
request for assistance in transporting goods to Tacloban. ICTSI
converted the Manila International Container Terminal’s CFS 1
into DSWD’s hub for the repacking of relief goods, and provided
manpower and equipment. ICTSI responded to the government’s
request to operate the Tacloban Port, which served as DSWD’s
offloading facility for relief goods coming from Manila.
To speed up the dissemination of relief goods, ICTSI sent a
team of highly skilled operations personnel, and deployed a cargo
handling equipment fleet to Tacloban Port. The Company also
spearheaded the formation of a team comprised of representatives
from shipping lines, barge operators and association of
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.
construction contractors to accrue other logistics assistance. In
lieu of its Christmas party, ICTSI held a Christmas party for 1,500
families in Tacloban where 3,000 teddy bears, Christmas packages
and meals were distributed.
Through all these efforts, ICTSI was in constant coordination with
the government team comprised of DSWD, Department of Finance,
Department of Transportation and Communications and the Philippine
Ports Authority.
In a letter addressed to Enrique K. Razon Jr., ICTSI Chairman and
President, Corazon Juliano-Soliman, DSWD Secretary, wrote that
ICTSI has been a strong and reliable partner of the DSWD in the
implementation of livelihood programs and relief operations.
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)
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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 .