Subic Bay International Terminal

What Subic Bay International Terminal does

Subic Bay International Terminal Corporation (SBITC) is a private container terminal management company that operates the New Container Terminals 1 and 2 (NCT-1 and NCT-2) at the Port of Subic Bay Freeport Zone in Olongapo City, Philippines. Founded in 2000 and awarded the NCT-1 management and operation contract by the Subic Bay Metropolitan Authority (SBMA) in October 2007, the company began commercial operations at the purpose-built terminal in April 2008. SBITC is a wholly-owned subsidiary of International Container Terminal Services, Inc. (ICTSI), a publicly traded global port operator with operations across multiple continents. The company positions itself as the premier container gateway to Northern and Central Luzon and as an alternative international gateway to the Port of Manila.

SBITC's core offering is 24/7 container terminal operations supported by purpose-built cargo handling equipment, including Rubber Tired Gantries (RTGs), Tantri trailers, and Terberg tractors. Beyond container handling, the company provides specialized out-of-gauge (OOG) cargo handling, vessel services, and a co-located One Stop Shop (OSS) facility that consolidates SBITC, Bureau of Customs (BOC), and SBMA offices to reduce container release processing time to approximately four hours. The terminal is ISPS Code certified, deploys an ICTSI-developed Radar tracking system for vessel and cargo monitoring, and offers an ICTSI mobile application for digital access. Customer-facing digital services include an examination container list, online port visit requests, and a published tariff schedule.

The business model is transaction-based, with SBITC earning fees from shipping lines and port users on a published tariff schedule, billed monthly. Distribution is direct enterprise sales to international shipping carriers — including Evergreen, Wan Hai Lines, Sinotrans, Maersk, and NYK Line — and to industries located in the Subic Bay Freeport, Clark Economic Zone, and surrounding Northern and Central Luzon regions. The customer base also includes government agencies such as SBMA, BOC, the Department of Agriculture, PEZA, and DTI. SBITC was recognized as the top-performing ICTSI subsidiary in 2019 with the Chairman's Cup award and achieved a one-million TEU cumulative throughput milestone in less than six years beginning in 2014.

Name

Subic Bay International Terminal

Legal name

Subic Bay International Terminal Corporation

Website

https://sbitc.ph

Company type

Private

Founded year

2000

Operating status

Operating

Short description

Subic Bay International Terminal Corporation (SBITC) operates container terminals NCT-1 and NCT-2 at Subic Bay Freeport in the Philippines, providing 24/7 container handling, OOG cargo, and customs documentation services to international shipping lines and industries in Northern and Central Luzon.

Ownership category

akta.pro rank

Product category

Port Terminal Services

NAICS

Port and Harbor Operations (488310), Port and Harbor Operations (48831), Marine Cargo Handling (488320), Marine Cargo Handling (48832)

SIC

Water Transportation (4400)

akta.pro primary industry

Container Terminal Operating Services & Management (Terminal Operator / Concessionaire) (TLAHAAAI)

akta.pro secondary industry

Gateway Container Terminals (Import/Export) (TLAHAAAB)

Keywords

• Container terminal operations
• Port management services
• Cargo handling services
• Stevedoring services
• Freight terminal logistics

Headquarters

HQ city

Olongapo City

HQ country

Philippines

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain

Revenue model

1. Container Terminal Operations: SBITC manages and operates NCT-1 and NCT-2 container terminals at the Port of Subic, providing container handling services since 2000. The company was awarded management and operation of NCT-1 in October 2007 and commenced commercial operations in April 2008.
2. Port Services: Comprehensive port services including OOG (out-of-gauge) cargo handling, vessel services, and landside operations for shipping lines and port users

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Subic Bay International Terminal Corporation (SBITC) manages and operates the New Container Terminals 1 and 2 (NCT-1 and NCT-2) at the Subic Bay Freeport in Olongapo City, Philippines, providing container handling, vessel services, stevedoring, cargo storage, and streamlined customs documentation through its co-located One Stop Shop. The terminal operates 24/7 as the premier international container gateway serving industries in Northern and Central Luzon.

Product overview

Subic Bay International Terminal Corporation (SBITC) operates as a container port terminal management company under the ICTSI Group, managing and operating New Container Terminals 1 and 2 (NCT-1 and NCT-2) at the Subic Bay Freeport. The core offering is container terminal operations providing world-class container handling services, supplemented by specialized sub-products including a One Stop Shop (OSS) documentary processing service co-located with BOC and SBMA, Out-of-Gauge (OOG) cargo handling for over-dimensional freight, an RTG crane fleet for efficient container stacking, and a landside equipment fleet of Tantri trailers and Terberg tractors. Additional services include the ICTSI Mobile Application for digital access, an Examination Container List for customs clearance visibility, Port Visit Request scheduling, a Terminal Tariff Schedule, and shipping line partner services supporting routes across China, Taiwan, South Korea, and domestic Philippine ports. The company positions itself as the premier gateway for Northern and Central Luzon.

Differentiator

Problem solved

Functional benefit

Products and services

• NCT-1 and NCT-2 Container Terminal Operations Container terminal management and operations at New Container Terminals 1 and 2 (NCT-1 and NCT-2) at Cubi Point, Subic Bay Freeport, providing vessel berthing, container loading/unloading, yard storage, and stevedoring for international and domestic shipping lines.
• One Stop Shop (OSS) Documentary Processing Service

Quantifiable outcome

• Processing time reduced from half to full day to approximately 4 hours through One Stop Shop
• +1 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Various Shipping LinescoreChannel Partner/ Reseller/ Distributor · 1 April 2024SBITC serves multiple shipping line customers including Evergreen, Wan Hai Lines, Sinotrans, Maersk, and NYK Line. These carriers provide regular vessel services calling at Subic port, connecting the region to domestic and international shipping routes.
• Department of Trade and Industry (DTI)minorStrategic or Co-development Partner · 1 January 2021DTI collaborated with SBITC along with PEZA and BOC Port of Subic on initiatives to enhance trade and logistics capabilities in the Philippines.
• Philippine Economic Zone Authority (PEZA)minorStrategic or Co-development Partner · 1 January 2021PEZA partnered with SBITC and government agencies to explore Subic Port's potential for supporting economic zone operations and trade facilitation.
• Philippine Department of AgricultureminorStrategic or Co-development Partner · 1 January 2021Endorsed SBITC as a discharge port for containers of imported livestock and raw materials due to its world-class quality of service and strategic location.
• Bureau of Customs (BOC)coreStrategic or Co-development Partner · 1 April 2015BOC partnered with SBITC and SBMA to establish the One Stop Shop (OSS) facility inside New Container Terminal 1. The OSS enables faster documentary processing by housing SBITC, BOC, and SBMA in one location, reducing cargo processing time from half/full day to approximately 4 hours.
• Subic Bay Metropolitan Authority (SBMA)coreStrategic or Co-development Partner · 1 October 2007SBMA awarded SBITC the management and operation of NCT-1 in October 2007. Commercial operations commenced April 2008. SBMA is responsible for port development master planning and oversees the Freeport Zone. SBITC and SBMA work together on infrastructure development, regulatory compliance, and port competitiveness initiatives.
• International Network of Affiliated Ports (INAP)minorStrategic or Co-development Partner · 1 January 1998Port of Subic is a founding member of INAP, established in 1998 in Japan. INAP members include ports in Sri Lanka, South Korea, Japan, China, Indonesia, Bangladesh, and the Philippines (Subic, Cebu, Davao). SBITC participates in annual conferences to share best practices.
• ICTSI (International Container Terminal Services, Inc.)coreStrategic or Co-development PartnerSBITC is a subsidiary of ICTSI, a leading global port operator established in December 1987 in the Philippines. ICTSI operates container ports and terminals across multiple countries on six continents, employing more than 7,000 people. SBITC operates NCT-1 and NCT-2 under ICTSI's portfolio, benefiting from the parent company's expertise, technology, and global network.

Scale indicators4 records

Recent moves12 records

Expansion highlights6 records

Broad incumbents

• International Container Terminal Services Inc. (ICTSI): Direct parent operator and the global container terminal group with operations across six continents. Comparable as the platform-level port operator whose Philippine terminals (including SBITC and MICT) share strategy, systems, and customers.
• PSA International: Singapore-based global container terminal operator with flagship operations across Asia and Europe. Comparable as a benchmark terminal operator with similar concession-style port governance and container handling focus.
• Port of Manila: Philippine Ports Authority-managed primary Luzon gateway port. Directly comparable as the dominant competing container gateway that SBITC explicitly positions itself as an alternative to.
• DP World: Global port operator with container terminals across Asia, Africa, and the Americas. Comparable as a broad-incumbent terminal operator competing for shipping line calls and benchmark for terminal operating standards.

Direct peers

• Manila International Container Terminal (MICT): Sister ICTSI-operated container terminal at the Port of Manila, also serving Luzon container traffic. Direct comparable because both are ICTSI-managed container terminals competing for the same Philippine gateway cargo pool.
• Asian Terminals Inc. (ATI): Philippine container terminal operator active in Manila and Batangas, directly comparable to SBITC as a domestic container terminal competitor for Luzon cargo with overlapping carrier customers.

Others

• Hutchison Ports:

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ictsi-subic

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Subic Bay International Terminal