Search results
Results from the WOW.Com Content Network
Planners can also load a 40 feet container on top of two units of 20 feet container, this known as a "Russian stowage" or "mixed stowage". [21] Hatch cover clearance – Hatch cover clearance refers to how many "High Cube" (height over 8.6 ft (2.6 m)) containers allowed to load in the hold without preventing the hatch cover from closing correctly.
The port itself is the most important in Mindanao [4] and also has the busiest international container port in both Visayas and Mindanao. [5] The port serves as the gateway to the southern Philippines and is considered as the best-performing port in Mindanao. [6] A number of passenger ship-lines operate to Davao, including WG&A Superferry.
Moving cargo on and off ship in containers is much more efficient, allowing ships to spend less time in port. [5] Containerization, once widely accepted, reduced shipping and loading costs by 80% to 90%. Break-bulk cargo also suffered from greater theft and damage. [6]
From 2008 to 2009, new container ship prices dropped by 19–33%, while prices for 10-year-old container ships dropped by 47–69%. [64] In March 2010, the average price for a geared 500-TEU container ship was $10 million, while gearless ships of 6,500 and 12,000 TEU averaged prices of $74 million and $105 million respectively. [65]
In 2019, Manila International Container Terminal ranked 29th in the list of world's busiest container ports with Twenty-foot equivalent units (TEUs) of 5,315. [17] Inaugurated on July 7, 2012, Berth 6 became fully operational and increased the Port's annual capacity by 450,000 TEUs.
A freight rate (historically and in ship chartering simply freight [1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport (truck, ship, train, aircraft), the weight of the cargo, and the distance to the delivery destination.
Six large cargo hatch covers on a capesize bulk carrier ship as she approaches the Egyptian-Japanese Friendship Bridge. A cargo hatch or deck hatch or hatchway is type of door used on ships and boats to cover the opening to the cargo hold or other lower part of the ship. To make the cargo hold waterproof, most cargo holds have cargo hatch.
International Container Terminal Services, Inc. (ICTSI) (PSE: ICT) is a global port management company headquartered in Manila, Philippines. Established in 1916, ICTSI is the Philippines' largest multinational and transnational company, having established operations in both developed and emerging market economies in Asia Pacific, the Americas, and Europe, the Middle East and Africa.