Subic expected to benefit from severe congestion at Manila's port
CONTAINER throughput at the Port of Subic in the Philippines is forecast to surge by 84 per cent this year to 70,000 TEU from only 38,000 TEU in 2013, according to the Subic Bay Metropolitan Authority (SBMA), mainly due to the extreme congestion seen at terminals in the capital Manila.
Shipping lines are as a result looking at linking Subic Bay with big ports in the region.
SBMA chairman Roberto Garcia said Japan's NYK was "seriously thinking of establishing a Subic-Singapore route," while another carrier was looking at a new service that would link Subic with Shanghai, reported SeaShip News Singapore.