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July 10, 2018

ICTSI - MICT Upgrades to N4 to Maintain Stake as Philippines' Leading Terminal

ICTSI Continues Investment in MICT Modernization As Customer Load and Operations Increase

Navis, a part of Cargotec Corporation and provider of operational technologies and services that unlock greater performance and efficiency for the world's leading organizations across the shipping supply chain, announced that ICTSI - Manila International Container Terminal (MICT) has upgraded to N4 3.4. Transitioning to the newer version of the TOS is part of ICTSI's plan to continuously invest in state-of-the-art infrastructure and equipment and strengthen its foothold as one of the most technologically advanced terminals serving the intra-Asia trade.

MICT, located in the Philippines, is the busiest, largest and most modern container terminal in Manila, with an annual throughput of 2.28 million TEU. Under ICTSI's management, MICT has more than tripled its annual capacity and throughput, expanded its cargo handling fleet and converted a manual control system to an integrated, real-time IT terminal control system. As a result of hitting the two million TEU mark last year, a company milestone, ICTSI announced an $80 million improvement project to further expand and modernize MICT. Part of the modernization project included implementing a TOS to meet the terminal's needs as it continues to grow and service larger vessels carrying rising cargo volumes. N4 and its proven track record create a competitive advantage for MICT, enabling better and more efficient gate, yard, and vessel operations.

"The success of the upgrade was the result of tireless testing and preparation of the MICT team in collaboration with Navis' own project team," said Reynaldo Mark S. Cruz Jr., Information Technology Systems and Services Director at MICT.

MICT credits the success of the upgrade to the operational expertise of ICTSI, the global best practices and modern system provided by Navis and the dedication of its own personnel who worked tirelessly with the Navis team to test and prepare for a smooth go-live. "For years, ICTSI has dedicated its expertise, time and resources to transforming MICT into the leading terminal that it is today and that includes a commitment to installing the most advanced infrastructure and equipment," said Mark Welles, VP and General Manager for EMEA at Navis. "The ability to foresee the rise of mega ships coming to the Port of Manila and the evolving customer needs as a result, has enabled the terminal to stay two steps ahead and plan its technology requirements accordingly. We've had great success with MICT in the past and we're looking forward to supporting them with N4 to achieve all long-term modernization plans moving forward.

To learn more about Navis go to

About Navis, LLC

Navis, a part of Cargotec Corporation, is a provider of operational technologies and services that unlock greater performance and efficiency for the world's leading organizations across the shipping supply chain. Navis combines industry best practices with innovative technology and world-class services to enable our container terminals and carriers alike to streamline their ocean supply chains and better collaborate together, transforming how goods are efficiently delivered. Whether tracking cargo through a port, automating equipment operations, or managing multiple terminals through an integrated, centralized solution, Navis provides a comprehensive set of solutions to optimize terminal performance, vessel performance and cloud-based collaboration that drives transparency, efficiency and profitability to a network of ocean carriers and terminal operators.

About Cargotec Corporation

Cargotec (Nasdaq Helsinki: CGCBV) is a leading provider of cargo and load handling solutions with the goal of becoming the leader in intelligent cargo handling. Cargotec's business areas Kalmar, Hiab and MacGregor offer products and services that ensure our customers a continuous, reliable and sustainable performance. Cargotec's sales in 2017 totaled approximately EUR 3.2 billion and it employs over 11,000 people.

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