Mindanao adds crane
NewsMindanao Container Terminal, ICTSI’s business unit in Misamis Oriental, Philippines, has acquired a used Gottwald mobile harbour crane to enhance capacity and boost productivity
The International Port of Cagayan de Oro (CDO) in northern Mindanao, the Philippines, is “feeling the pinch” of competition from its bigger and betterequipped neighbour, Mindanao Container Terminal (MCT). However, MCT still faces problems of commercial viability almost three years after it was built at a cost of US$85M. Its throughput in 2007 is expected to be around 50,000 TEU, close to the medium-term target set by its owner and operator Phividec Industrial Authority, but installed capacity is
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