Displaying items by tag: Nectar Group

Philippines: Seasia Nectar Port Services has started commercial operations at Mariveles Dry Bulk Terminal in Bataan. Seasia chairman Ramon Atayde said the new facility would optimise the operations of dry bulk handling, according to the Manila Standard. The terminal is intended to handle shipments of clinker, coal, silica sand, other raw materials for cement and other dry bulk cargoes.

The company started the development of the 11.4 hectare port in 2015, including the development of a 5.9 hectare port facility with a 247m quay equipped with a 13.5m draft under the first phase. The initial phase of the project will accommodate two vessels of 120m or one supramax/panama vessel. It is designed to handle at least 3Mt/yr. The second and third phases will expand the dry bulk terminal to accommodate another two vessels or one supramax/panama vessel. Seasia is a joint venture company between Seasia Logistic Philippines and Nectar Group.

Philippines: According to IHS Maritime 360, the UK's Nectar Group and Seasia Nectar Port Services Inc (SNPSI), which are in a joint venture project to build a US$185.5m dry bulk terminal in Bataan, expect the new facility to launch in early 2016.

"The current schedule is for phase one to be operational from the first quarter of 2016," said a Nectar Group official. "There are planned timeframes for the other two phases, but they are dependent on how well the first phase operates."

The new dry bulk terminal is designed to handle shipments of coal, clinker, silica sand, cement raw materials, steel, fertiliser and other dry bulk cargo. Construction of the terminal will be completed in three phases covering 114,000m2. The first phase covers the development of the port facility with a 247m quay and a 14m draft. Once completed, the terminal will have 3Mt/yr of cargo capacity.

In addition to quayside and open storage areas, SNPSI will also build facilities for warehousing, stevedoring, lightering and other services.