HCPTI sees 15% higher revenue this year

MANILA, Philippines — Harbour Centre Port Terminal Inc. (HCPTI), the country’s leading private international commercial port for bulk and breakbulk cargoes, expects its full year revenues to rise 15 percent on the back of a seven percent higher vessel throughput and three percent more cargo volume.

HCPTI chairman Reghis Romero II said these figures would bring the company’s total domestic and foreign cargo volume to 6.5 million metric tons by year-end.

 He attributed the growth to HCPTI’s sound operating efficiencies and fiscal management, “making the employees perform well to increase volume completion while reducing vessel turnaround time.

 HCPTI has an in-house Port Academy that regularly trains personnel on the required skill-set prior to deployment, he said.

 “Driving HCPTI’s much-improved operating systems are strict adherence to global standards in all management aspects, real-time cargo and documentation processing and monitoring, compliance with government-enforced international security protocols, and a continuing equipment re-fleeting program,” Romero said.

 Part of the refleeting program is the acquisition of another seven brand-new 15-tonner forklift that was delivered early this year to beef up cargo-handling capacity amid the consistent rise in volume and demand.

 Further, for next year, the company will have an initial allocation of P700 million of capital expenditure projects focusing on facilities and IT upgrade, which will be internally funded. 

 Just recently, the company passed the audit and earned from TUVRheinland the certifications of the International Organization of Standards (ISO) for Quality Management 2008, the Environmental Management Systems 2004 and its latest 2015 version, while retaining that of the Occupational Health & Safety Assessment Series. 

 HCPTI was also re-certified by the Office of Transportation Security (OTS) for another five years for compliance with the International Ship and Port Facility Security Code.

 Last October, HCPTI launched the latest version of its Unified Port Operations Realtime Technology (U-PORT), which enables clients to monitor and track the movements of their cargoes and documents online.

 “With the fast economic development of the Philippines, we pursue our vision as the gateway to progress,” Romero added.