Maritime
ICTSI Subic ready for increasing port activities
Subic opens to direct Korea , Taiwan trade
N ew Evergreen KOR-TWN-PHL service to support market growth in central , northern Luzon
The container terminals managed and operated by International Container Terminal Services , Inc . ( ICTSI ) at the Subic Bay Freeport are ready to facilitate trade between Korea , Taiwan and the Philippines with Evergreen Marine Corp . launching a new direct service at key ports of the three trading economies .
Evergreen , Taiwan ’ s largest shipping company , is launching its Korea-Taiwan-Philippines ( KTP ) service in Subic , adding the ICTSI-operated New Container Terminals 1 and 2 to its port rotation .
The inclusion of Subic in the rotation is expected to boost the growing markets in northern and central Luzon , which stand to benefit from the direct trade link to Korea and Taiwan . Aside from exports and imports , the service also offers transshipment for overseas cargo .
“ We congratulate Evergreen for the launch of the new service . We also thank Evergreen for recognizing Subic as a key gateway in the Philippines . Our inclusion in the KTP service is a clear indication that the markets of central and northern Luzon are growing , and will benefit from another large global carrier participating in this growth ,” explains Roberto R . Locsin , General Manager of ICTSI subsidiary Subic Bay International Terminal Corp .
The KTP weekly service follows the following port rotation : Incheon and Kwangyang , South Korea ; Kaohsiung , Taiwan ; Batangas , Manila , and Subic , Philippines ; and back to Kaohsiung . The first
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