The Official Publication of International Container Terminal Services, Inc. • International Edition

February 2014

ICTSI invests in DR Congo

ICTSI Global OperationsDirectory

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International PortFolio is published by International Container Terminal Services, Inc. for its employees, clients, and friends.

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NARLENE A. SORIANOJUPITER L. KALAMBAKALJOHN PAULO C. COSTINIANOZINNO B. GUDEZMARIE ANNALIE T. MARFILMAVERICK A. JAVIERPAOLO MIGUEL S. RACELISJUSTINO RAMON L. TAYAG IIIRONNEL P. JAVIERDEXTER F. LANDICHOEDWARD R. MILAG

Correspondents

Philippines International

Manila

Davao CityGen. Santos City

Misamis Oriental

ALBERT JOSEPH R. CANCERANMA. BERNADETTE C. DE GUZMANMA. CONCEPCION M. DIZONROSE A. LOBRINRICARDO D. PAREDESJESTONIE V. VINSONCHIARA MAY C. ATISREJAMNA S. PANDANGANKIRK KHURNYLLA R. GONO

ArgentinaBrazilChina

CroatiaEcuadorGeorgia

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MIGUEL CHALARFABIANA SOUZAAPOLLO ZHOUIVA ROMANKATTY OSSA BIANCHIBENJAMIN D. ROSARIORINI HERAWATYTAKETOSHI TOYAMAPAMELA DE LA VEGAMOHAMMAD ATIQMICHAL KUZAJCZYKDAVID TRZYZEWSKI

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Contents

44

5ICTSI officers visit Tacloban Port

88Level Up

Port Strategy cites MICT’s disaster preparedness

ICTSI invests in DR Congo

Matadi: The stone city of Congo

5ICTSI sells 25% stake in Nigerian terminal to CMAT

6EKRazon, three others triumph at 23rd ICTSI golf tourney

8Do Good

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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 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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ICTSI sells 25% stake in Nigerian terminal to CMATICTSI 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

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 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.

The Lekki International Container Terminal at full build

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.

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ICTSI Newsbreak

EKRazon, three others triumph at 23rd ICTSI golf tourneyFormer LPGA number one LOchoa graces invitationalEnrique 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 AChampion Enrique K. Razon Jr.1st Runner-up Juan Ibazeta2nd Runner-Up Therese Dabao3rd Runner-up Arnie Brizuela4th Runner-up Rico Brizuela

Class BChampion Vincent Albert1st Runner-up Jay Valdez2nd Runner-Up Manny Salgado3rd Runner-up Jimmy Bartolome4th Runner-up Benjamin Herbosa

Enrique K. Razon Jr. (left), Class A Champion; and Lorena Ochoa

Vincent Albert (center), Class B Champion, with Mr. Razon and Ms. Ochoa

Juan Sta. Ana (center), Class C Champion, with Mr. Razon and Ms. 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.

Class CChampion Juan Sta. Ana1st Runner-up Jun Lacson2nd Runner-Up Shuji Harada3rd Runner-up Gerry Sy4th Runner-up Willy Soong

Class D / FellowshipChampion Jun Reyes1st Runner-up Leandro Achacoso2nd Runner-Up Miguel Pertierra3rd Runner-up Max Lumempouw4th Runner-up Patrick Ronas

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ICTSI Newsbreak

Do Good

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.”

ICTSI is one of DSWD’s best corporate donorsBy 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 : Retirement orientation. Attendees : 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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