ATI revenues up 12% in first semester

Asian Terminals Inc. (ATI) improved its performance in port operations and logistics management in the first half with a 12-percent increase in revenues, from P1.45 billion for the same period last year to P1.62 billion this year.

ATI is the sole port operator of three of the country’s international seaports: South Harbor in Manila, Mariveles Grain Terminal in Bataan and the Port of Batangas. It is also actively involved in the management of the Port of General Santos in South Cotabato. Complementing its port operations is ATI Logistics at Calamba, Laguna, which was established for companies looking to streamline operations and benefit from full end-to-end supply chain solutions.

ATI’s overall operations resulted in a net income of P232.9 million which equaled last year’s P233.2 million. Total assets increased slightly by 6.6 percent to P8.06 billion in June 30, 2001, form P7.559 billion in December 2000.

The company said it sees an increase in trade volumes for the balance of the year as it continues to improve service standards in its business units through a planned P1-billion modernization and expansion of the South Harbor and its other facilities for this year.

In June 2001, the company received delivery of a new quay crane for ship-to-shore container handling and two rubber-tyred gantry (RTG) cranes for container handling at the storage areas.

The construction of additional storage areas for container at the South Harbor has been stepped up to prepare for the increase in trade volumes. Additional stacking are adjacent to the main containeryard, which will service over 30,000 TEUs, has been completed and is now being utilized. In addition, the first phase of another four-hectare storage area at the main containeryard is expected to be completed by the third quarter of this year.

With the increasing trend for outsourcing, ATI continues to improve its logistics operations, allowing clients to focus more on their core businesses. Four specialized operating facilities are actively involved in seeing through the clients’ specific needs for materials handling: the Inland Clearance Depot (ICD), the Commercial Warehousing and Distribution Facility (CWD), the Automotive Logistics Center (ALC) and the Batangas Offshore Supply Base which undertakes the storage, handling, inventory management, and other allied services for the $3-billion Malampaya offshore supply base of Shell Philippines Exploration (SPEX).

Multi-million investments in information technology are currently being implemented to link its services from cargo handling, inland transport, inland clearance, storage and inventory management, quality control, packaging and merge-in transit to pre-delivery inspection of vehicles prior to delivery anywhere in the country.