Yesterday the group terminal operator International Container Terminals Services Philippines, Inc. (ICTSI) has signed a concession agreement for the duration of 25 years with the Metropolitan Subic Bay Authority (SBMA) to develop and operate the New Container Terminal 2 (NCT-2) of Cubi Point (Subic Bay).
The container terminal NCT-2 is adjacent to the New Container Terminal 1 (NCT-1), which is operated by the Subic Bay International Terminal Corporation, a subsidiary of ICTSI, and has features similar to the NCT-1 having a capacity of 300,000 traffic TEUs per year, which may be increased to 600,000 TEUs.
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Yesterday the group terminal operator International Container Terminals Services Philippines, Inc. (ICTSI) has signed a concession agreement for the duration of 25 years with the Metropolitan Subic Bay Authority (SBMA) to develop and operate the New Container Terminal 2 (NCT-2) of Cubi Point (Subic Bay). 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
