November 2013 PortFolio_Philippine Edition

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The Official Publication of International Container Terminal Services, Inc.

PH government revitalizes Tacloban Port

Taps ICTSI resources, manpower to improve port operation

ICTSI Global OperationsDirectory

Staff Box PortFolio is published by International Container Terminal Services, Inc. for its employees.

Editor-in-ChiefManaging EditorAssociate Editor

Researchers

Photographers

NARLENE A. SORIANOJUPITER L. KALAMBAKALJOHN PAULO C. COSTINIANOZINNO B. GUDEZMARIE ANNALIE T. MARFILMAVERICK A. JAVIERPAOLO MIGUEL S. RACELISJUSTINO RAMON L. TAYAG IIIRONNEL P. JAVIERDEXTER F. LANDICHOEDWARD R. MILAG

Correspondents

Manila

Davao CityGen. Santos City

Misamis Oriental

ALBERT JOSEPH R. CANCERANMA. BERNADETTE C. DE GUZMANMA. CONCEPCION M. DIZONROSE A. LOBRINRICARDO D. PAREDESJESTONIE V. VINSONCHIARA MAY C. ATISREJAMNA S. PANDANGANKIRK KHURNYLLA R. GONO

If you wish to receive a copy of the PortFolio, please write, call or e-mail us at:Public Relations Office, ICTSI Administration Bldg.

Manila International Container Terminal, MICT South Access RoadPort of Manila, 1012 Manila, Philippines • Telephone: +632 / 245 4101

E-mail: [email protected] • URL: www.ictsi.com/media-center/newsletters/

2 T h e O f f i c i a l P u b l i c a t i o n o f I n t e r n a t i o n a l C o n t a i n e r T e r m i n a l S e r v i c e s , I n c .

InternationalContainer TerminalServices, Inc.

E X C E L L E N C E U N C O N T A I N E D

Contents

54

8BICTL lauded for container volume growth

91113

Ship Ahoy

Healthy Lifestyle

Do Good

PH government revitalizes Tacloban Port

Pakistani Minister of Ports and Shipping visits PICT

6ICTSI 9-month net income up 22% to US$128.8 million

8PICT ranks 6th in the Employer of the Year

Award 2012

101215

Spotlight

Level Up

People

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3T h e O f f i c i a l P u b l i c a t i o n o f I n t e r n a t i o n a l C o n t a i n e r T e r m i n a l S e r v i c e s , I n c .

ICTSI Newsbreak

PH government revitalizes Tacloban Port Taps ICTSI resources, manpower

to improve port operationThe Philippine government, through the Department of Transportation and Communication (DOTC) and the Philippine Ports Authority (PPA), is revitalizing Tacloban’s port facilities and operation, a move seen not only to accelerate but also to ensure safe delivery of the massive humanitarian aid for Tacloban and other devastated areas in Eastern Visayas.


DOTC and PPA have tapped International Container Terminal Services, Inc. (ICTSI) to reinforce and improve port services given the influx of support from countries the world over and the immediate need to transport aid.

Christian R. Gonzalez, ICTSI Head of Asian Region, says: “Today, we signed a relief support agreement with the PPA. We have been closely working round-the-clock with DOTC and PPA to get this project running at the quickest time possible. We have dispatched our equipment, which should arrive in Tacloban by Tuesday. By then, the port will be fully operational.”

ICTSI is deploying various cargo handling equipment valued at over PhP200 million. This includes a brand new mobile harbor crane (MHC) already being commissioned in Davao for possible deployment to Leyte if required. Commissioning is being done in Davao due to the lack of water depth at the Tacloban Port to support the heavy lift vessel carrying it.

As its donation to the typhoon victims, spreader manufacturer Stinis from Holland added two more back-up spreaders to ensure the smooth and continuous operation. Moreover, a start-up team composed of top-notch engineers, operations managers and staff, equipment operators from the Manila International Container Terminal (MICT), ICTSI’s flagship, have been dispatched to support port operation.

Mr. Gonzalez added that ICTSI will run the Tacloban Port free, and will continue to do so up until the close of the government’s relief operations and normal transportation network has been restored, at which time ICTSI will take back all the equipment and pull out its personnel.

Meanwhile, at the MICT, ICTSI has opened its container freight station (CFS) facilities to the Philippine Department of Social Welfare and Development (DSWD). The terminal’s CFS-2 in particular was designated as DSWD’s relief operations center (ROC), where international relief donations entering the Port of Manila are processed. The ROC is manned 24 / 7 by ICTSI volunteer-employees along with DSWD volunteers working 24 / 7 as foreign aid continue to pour in for the typhoon victims.

ICTSI and the ICTSI Foundation, Inc. (ICTSI-FI) are closely coordinating with and supporting the initiatives of DSWD, partner foundations and non-government organizations such as the Philippine Business for Social Progress and Philippine National Red Cross, and the local Roman Catholic Church for relief efforts.

ICTSI-FI also spearheaded a fund-raising and aid collection campaign within the ICTSI Group. ICTSI subsidiaries in 19 countries along with their business partners, client shipping lines, and suppliers have overwhelmingly responded, and donations are pouring in. Donations will be used to augment relief efforts as well as a rehabilitation program.

ICTSI is also extending aid to employees who have relatives affected by typhoon.

Pakistani Minister of Ports and Shipping visits PICT

Pakistan International Container Terminal (PICT) welcomed Senator Kamran Michael (center), Pakistani Federal Minister of Ports and Shipping, during his visit to PICT last September. After listening to a brief corporate presentation, Senator Michael toured the terminal and its facilities. Photo shows Capt. Zafar Iqbal Awan (left), PICT Chief Executive Officer; and Capt. Haleem A. Siddiqui (right), PICT Chairman, presenting a token to Senator Michael. (Mohammad Atiq)

Senator Michael (third from left) tours the PICT.

At PICT: Capt. Siddiqui (from row, fourth from left), Senator Michael (from row, fifth from left) and Capt. Awan (from row, sixth from left); Romeo Salvador (back row, far left), International Container Terminal Services, Inc. Country Representative; and the delegates

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ICTSI Newsbreak

ICTSI 9-month net income up 22% to US$128.8 millionVolume up 13% to 4.6 million TEUs, revenues up 19% to US$624.7 million, EBITDA improves 26% to US$285.5 million

International Container Terminal Services, Inc. (ICTSI) reported unaudited consolidated financial results for the first nine months of 2013, posting revenue from port operations of US$624.7 million, an increase of 19 percent over the US$524.7 million reported for the same period last year; Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) of US$285.5 million, 26 percent higher than the US$225.8 million generated in the first nine months of 2012; and net income attributable to equity holders of US$128.8 million, up 22 percent over the US$105.8 million earned in the same period last year.

The higher net income attributable to equity holders for the first nine months of 2013 was mainly due to strong revenue growth and margin improvement in certain key terminals and the contribution from the new terminal in Karachi, Pakistan. Diluted earnings per share for the period was likewise higher by 17 percent at US$0.054, from US$0.046 in 2012.

For the quarter ending 30 September 2013, revenue from port operations increased 17 percent, from US$179.7 million to US$211.0 million while EBITDA was 27 percent higher at US$97.3 million, from US$76.7 million. Net income attributable to equity holders grew 29 percent, from US$35.6 million to US$45.9 million, and diluted

earnings per share improved 27 percent to US$0.019, from US$0.015 in 2012.

ICTSI handled consolidated volume of 4,628,117 twenty-foot equivalent units (TEUs) for the first nine months of 2013, 13 percent more than the 4,083,842 TEUs handled in the same period in 2012. The increase in volume was mainly due to the continuous growth in international and domestic trade in most of the Company’s terminals and the volume generated by Pakistan International Container Terminal (PICT) and PT Olah Jasa Andal (PT OJA), the Company’s new container terminals in Karachi, Pakistan and Jakarta, Indonesia, respectively. Excluding volume from the two new terminals and the effect of the cessation of the operations in Syria effective January 2013, organic volume growth increased by one percent. The Company’s seven key terminal operations in Manila, Brazil, Poland, Madagascar, China, Ecuador and Pakistan accounted for 79 percent of the Group’s consolidated volume in the first nine months of 2013.

For the quarter ending 30 September 2013, total consolidated throughput was 16 percent higher at 1,601,112 TEUs compared to 1,386,107 TEUs in 2012.

Gross revenues from port operations for the first nine months of 2013 surged 19 percent to US$624.7 million, from the US$524.7 million reported in the same period in 2012. The increase in revenues was mainly due to the volume growth, higher storage revenues and ancillary services, tariff rate increases in certain key terminals, and the revenue


ICTSI 9-month net income up 22% to US$128.8 millioncontribution from the new terminals in Jakarta, Indonesia and Karachi, Pakistan. Excluding the revenues from the newly acquired terminals and the effect of the cessation of the operations in Tartous, Syria, organic revenue growth was eight percent. The Group’s seven key terminal operations in Manila, Brazil, Poland, Madagascar, China, Ecuador and Pakistan accounted for 85 percent of the Group’s consolidated revenues in the first nine months of 2013.

Gross revenues from port operations for the quarter ended 30 September 2013 surged 17 percent to US$211.0 million, from the US$179.7 million reported in the same period in 2012.

Consolidated cash operating expenses in the first nine months of 2013 grew 13 percent to US$255.4 million, from US$225.4 million in the same period in 2012. The increase was mainly driven by higher volume-related expenses (i.e., on-call labor, fuel, power and repairs and maintenance), government-mandated and contracted salary rate increases in certain terminals, higher business development expenses, and the inclusion of the expenses of the new terminals in Jakarta, Indonesia and Karachi, Pakistan. Excluding the cash operating expenses of the new terminals as well as the expenses incurred in the Company’s operation in Syria in the same period in 2012, total cash operating expenses would have increased by only five percent.

Consolidated EBITDA for the first nine months of 2013 increased 26 percent to US$285.5 million, from US$225.8 million in 2012 mainly due to the volume growth and

stronger revenues arising from favorable volume mix, higher revenues from storage and ancillary services, tariff increases in certain key terminals and the contribution of the new terminals in Jakarta, Indonesia and Karachi, Pakistan. Excluding PICT and PT OJA, as well as TICT in 2012, EBITDA growth would have been at 12 percent. Meanwhile, consolidated EBITDA margin increased to 46 percent in the first nine months of 2013 compared to 43 percent in the same period in 2012.

For the quarter ended 30 September 2013 consolidated EBITDA increased 27 percent to US$97.3 million, from US$76.7 million in 2012 while consolidated EBITDA margin also improved to 46 percent compared to 43 percent in the same period in 2012.

Consolidated financing charges and other expenses for the first nine months of 2013 increased 57 percent to US$33.9 million, from US$21.6 million in 2012 due mainly to higher outstanding interest-bearing debt. ICTSI issued US$400 million of 10-year bonds in January 2013 mainly to fund its capital expenditure program for 2013 and refinance medium-term loans.

Capital expenditures for the first half of 2013 amounted to US$357.9 million, approximately 65 percent of the US$550.0 million capital expenditure budget for the full year 2013. The established budget is mainly allocated for the completion of the Company’s terminal development projects in Mexico and Argentina, and the ramp-up of construction activities in Colombia and Davao, southern Philippines.

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For the third consecutive year, Batumi International Container Terminal LLC (BICTL) received an award of recognition for having the highest growth in rate in 2012. BICTL produced the most dynamic growth in containerized cargo turnover among all Black Sea container ports. The awarding ceremony was held last 5 September in Odessa, Ukraine during the International Black Sea Container Summit. In 2012, BICTL recorded a 60.9 percent growth year-on-year, and was second among all container ports in the Black Sea basin. Receiving the award on behalf of the Company were Ketevan Oragvelidze (left), BICTL Marketing Manager; and Giorgi Tsuladze, BICTL Operations Manager. (Ketevan Oragvelidze)

BICTL lauded for container volume growth

PICT ranks 6th in the Employer of the Year Award 2012

Pakistan International Container Terminal (PICT) ranked sixth among 27 finalists in the large sector industry category of the first Employer of the Year Award 2012 held last mid-September in Karachi, Pakistan. The Employers’ Federation of Pakistan (EFP) launched the award in recognition of the efforts of enterprises towards the creation of skilled workforce and provision of a safe work environment. Photo shows Hans Bruns (far left), TVET RSP GIZ Project Coordinator, awarding a certificate to Mohammad Atiq (third from left), PICT Corporate and Human Resources Manager, as Zafar Elahi (second from left), Industries Government of Sindh Secretary; and Mr. K.M. Nauman, EFP President look on. (Mohammad Atiq)

PICT officers at the Employer of the Year Award 2012 (from left): Muhammad Waqas, HSE Assistant Manager; Mr. Mohammad; Saud ur Rehman, Procurement Manager and Management Representative; Tariq Jamil, Human Resources Assistant Manager; and Junaid Waseem, HSE Safety Engineer

ICTSI Newsbreak


Do Good

ICTSI Foundation, Inc. (ICTSI-FI), in partnership with Mindanao International Container Terminal Services Inc. (MICTSI), recently continued its Sports Development Assistance program for Tagoloan National High School (TNHS) in Misamis Oriental in the Philippines. As a follow-up to last year’s provision of gears and equipment to TNHS taekwondo team, ICTSI-FI and MICTSI renovated the school’s taekwondo room. Forty sets of taekwondo uniforms were also provided to the taekwondo team. The spruced up room and new uniforms were officially turned over to TNHS in a simple ceremony held last 19 September. According to Alexie Ungab, TNHS Taekwondo Coordinator, the assistance has been a major factor in the improved performance of the school’s taekwondo team in various competitions. Just this year, the team won silver and gold medals in competitions such as the CPJ Taekwondo Championship and the Regional New Race Taekwondo Championship, both held in Cagayan de Oro City. Left photo shows (from left) Filip Laurena, ICTSI-FI Deputy Executive Director; Johnny Rodondo, Tagoloan Department of Education Sports Coordinator; Severa Go, TNHS Principal; Mario Charlie Emano, Baranggay (Village) Poblacion Chairman; and Joma Fernandez, MICTSI Terminal Manager, cutting the ceremonial ribbon to inaugurate the newly renovated TNHS taekwondo room. (Marie De Guzman)

ICTSI-FI shores up sports development assistance to Mindanao school

The TNHS taekwondo team sporting their new uniforms

ICTSI-FI aids victims of typhoon OdetteICTSI Foundation, Inc. (ICTSI-FI) recently partnered with Subic Bay International Terminal Corp. (SBITC) in the conduct of relief operations for victims of typhoon Odette that struck Olongapo and Subic in the Philippines. Aside from SBITC and ICTSI-FI employee-volunteers, a contingent from the Rotary Club of Olongapo joined the repacking of relief goods. The team distributed relief packs containing rice, canned goods, noodles, biscuits and coffee to 1,035 affected families in Baranggay (Village) Sta. Rita and 55 SBICT employees. (Marie de Guzman)

Napoleon Balajadia (standing, second from left), ICTSI-FI Administrative Assistant, leads the distribution of relief goods to the affected residents.

In the October issue, in the story titled ICTSI-FI shores up sports development assistance to Mindanao school on page 6, we inadvertently published wrong photos due to a printing glitch. We are re-printing the article in full with the correct photos under Do Good. We apologize for this error.

ERRATUM

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Spotlight

RJConsing speaks at the Rising Stars of the Philippines ForumRafael J. Consing (third from left), International Container Terminal Services, Inc. Vice President and Treasurer, was a panelist at the inaugural Rising Stars of the Philippines Forum held last 17 October at Solaire Resort and Casino in Manila. Two hundred seventy-four delegates attended the forum. Also in photo are (from left) Jose Sio, SM Investments Executive Vice President and Chief Financial Officer; Aldrin Cerrado, ABS-CBN Chief Financial Officer; and Batara Sianturi, Citi Regional Head for Philippines and Guam.

Do Good

ICTSI-FI supports family day activities of 8 Manila day care centersRealizing the importance of strong family ties, ICTSI Foundation, Inc. (ICTSI-FI) supported the Family Day celebration of eight day care centers in Parola, Manila. Over 1,000 children and their respective parents took part in various fun-filled, family-oriented activities meant to strengthen bonds held last 11 October at the Delpan Sports Complex. Left photo shows Danilo Tanael (10th from left), Baranggay (Village) 20 Chairman; ICTSI-FI staff Marie de Guzman (12th from left) and Yehlen de la Luna (13th from left); and the day care workers of Parola and Isla Puting Bato preparing materials and meals for distribution. (Marie de Guzman)


APL Oakland (V065W) called at the New Container Terminal-1 (NCT-1) at the Subic Bay Freeport Zone at 5:25 p.m. last 16 October to discharge and load cargoes. With a length-over-all of 267 meters, the vessel carried NYK Lines first-ever container co-loaded via APL for Subic discharge. Twenty-footer container number NYKU2763248 consigned to NYK-Fil Japan Shipping Corporation was discharged at NCT-1 Yard at exactly 6:05 p.m. last 16 October. After getting stripped of its cargo, this same NYK Line container will be used by one of the Subic locators for export cargo. This is the result of Subic Bay International

Terminal Corp.’s and ICTSI Subic, Inc.’s continuous marketing efforts and collaboration with different public and private organizations in the North Luzon area, namely, the Subic Bay Freeport Chamber of Commerce, Clark Investor Locators Association, Subic Bay Maritime Authority, Clark Development Corporation, Philexport Region 3, Philippine Chamber of Commerce and Industry Region 3, European Chamber of Commerce of the Philippines, Metro Angeles Chamber of Commerce, Philippine International Seafreight Forwarders Association, Association of International Shipping Lines and Japanese International Cooperation Agency to promote the utilization of the Subic Bay Container Terminal. (Reimond Silvestre)

Ship Ahoy

PICT welcomes maiden voyage of OEL FreedomPakistan International Container Terminal (PICT) warmly welcomed OEL Freedom and celebrated the vessel’s maiden voyage. OEL Freedom was carrying about 860 twenty-foot equivalent units. Regional container carrier Orient Express Lines recently launched a new dedicated feeder service connecting key hub ports in the Indian subcontinent region. The service calls every fortnight, and plies the Karachi-Mundra-Colombo-Karachi route. Left photo shows (from left) Riaz Rehmatullah, Rahmat Shipping Managing Director; S.M. Imran Moosa, PICT Marketing and Commercial Manager; and Shahbaz Ali Naveed, PICT Operations Manager presenting a bouquet of flowers to the vessel master. (Mohammad Atiq)

APL Oakland calls at NCT-1

At the celebration of the maiden voyage (from left): Mr. Riaz; Mr. Imran; Mr. Shahbaz; the vessel master; and Sohail Lillani Rahmat, Shipping Operations Manager

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Level Up

ICTSI Earthquake Preparedness seminarTraining : Earthquake Preparedness seminar. Attendees : International Container Terminal Services, Inc. employees. Speakers : Amy Daura Gumboc and Charmaine Villamill, Philippine Department of Science

and Technology-Phivolcs representatives. Date : 16 July. Venue : ICTSI Training Room.

(Mavic Lopez)

Training : Internal Auditors for IMS seminar. Attendees : International Container Terminal Services, Inc. employees. Facilitator : Arnel Guevarra, CI Philippine Representative. Date : 8 to 10 October. Venue : ICTSI Training Room.

(Mavic Lopez)

ICTSI Internal Auditors for IMS seminar


Level Up

Healthy Lifestyle

PICT conducts capacity building program for Maintenance staffIn order to enhance the professional skills of its Maintenance staff, Pakistan International Container Terminal (PICT), in collaboration with Hinopak Industries, recently held a week-long workshop for select staff. It was a simulation-based training focused on skill development and enhancement, and encompassed the overall hauling of engine and maintenance of Hinopak prime movers. After the workshop, the attendees received professional training certificates. Photo shows the PICT attendees and Hinopak trainers after the distribution of certificates. (Mohammad Atiq)

18 foods for losing weight (part 1)Reprinted from The Philippine Star / By Dr. Willie Ong

You know that exercise and diet can help you lose weight. But did you know that there are certain foods that can help you lose weight easier and faster? If you’re concerned about gaining weight, then try to eat more of these diet-friendly foods in moderate amounts:

1Vegetables and salad. In a research conducted at Penn State University, those who ate a salad before their main course consumed 12-percent less food

afterwards. The reason behind this is the large volume of the salad, which makes us feel satisfied. Another research published in the Journal of the American Dietetic Association showed that individuals who ate a bowl of salad daily had higher levels of the good antioxidants in their blood. In addition, vegetables are high in fiber, which helps you feel fuller for fewer calories.

2 Grapefruit. According to a Louisiana State University study, those who ate half a grapefruit three times a day lost an average of four pounds

in three months. Another research done at the Nutrition and Metabolic Research Center in Scripps Clinic showed that eating half a grapefruit before each meal helped the

subjects lose three pounds in 12 weeks. Although the exact mechanism is unclear, the researchers believe that the acidity in the grapefruit may help slow down digestion and make you feel fuller.

3 Apple. An apple a day keeps obesity away. According to scientists at Penn State, people who ate an apple before lunch took in an average of 187

fewer calories during their main meal. Since a medium-sized apple only has 80 calories, this can save you 107 calories per meal. The subjects also said they feel fuller afterwards. Apples are an excellent source of pectin, which is a soluble fiber that can lower blood cholesterol and sugar levels. Pectin also binds with heavy metals like lead and mercury and helps the body eliminate these pollutants. According to researcher Dr. Julie Obbagy, the act of chewing an apple also makes you feel you’re eating more food.

p.14 ◥

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◤ 18 foods...p.13

4 Pears. A study in Brazil showed that overweight

women who consumed three small-sized pears

or apples a day lost more weight as compared to

other individuals. Like apples, pears contain lots of fiber. A

medium-sized pear yields six grams of fiber, which is more

than the three grams in an apple. Pears also contain the

pectin fiber, which can help lower blood sugar levels.

5 Eggs. Eggs are excellent and filling breakfast

foods. A study from the Journal of the American

College of Nutrition revealed that people who

ate eggs for breakfast were more satisfied and consumed

fewer calories later in the day as compared to those who

ate a high-carbohydrate meal. Another study shows that

the protein in eggs may help prevent sudden surges in

blood sugar. But what about the controversial egg yolk

and its cholesterol? A large egg contains 75 calories, six

grams of protein, and 212 mg. cholesterol. According to

the American Heart Association, healthy people can eat up

to one egg a day.

6 Bananas. In Japan, they have a banana diet that

has helped them lose weight. In the Philippines,

I met an exercise instructor who lost 50 pounds

by following a diet of bananas every day. A study from the

Journal of Nutritional Biochemisty showed that bananas

have anti-ulcer properties, acting like a natural antacid to

the stomach. In the study, researchers identified the secret

component in the banana, the flavonoid leucocyanidin. Aside

from making you feel contented, bananas can protect against

aspirin-induced gastritis and help repair the damaged mucous

membrane lining of the stomach. Bananas also contain lots

of potassium for the heart, and tryptophan to help elevate

mood. Diabetics may take bananas in moderation, just avoid

the very sweet and overripe ones.

7 Beans. Beans, including mongo beans, red beans,

and black beans, are inexpensive sources of soluble

fiber, iron, folic acid, magnesium, phosphorus,

potassium, and thiamin. And to top it all, beans are low

in fat, low in salt, and have zero cholesterol. Eating half

a cup of cooked beans daily can reduce one’s cholesterol

levels and regulate blood sugar levels. According to

researchers at the University of California at Davis, eating

beans will help increase the cholecystokinin levels in the

body. Cholecystokinin is a digestive hormone and a natural

suppressant of appetite. Furthermore, the National Health

and Nutrition Examination Survey showed that people

who ate beans had 23-percent smaller waist circumference

compared to people who never ate beans. According to

researcher Victor Fulgoni III, Ph.D, people who ate beans had

lower blood pressures, too. Unless you have gout or high

uric acid levels, try to eat more beans.

8 Vinegar. Researcher Elin Ostman, Ph.D., of Lund

University asked a group of 12 healthy men and

women to eat approximately three and a half slices

of bread dipped in household white vinegar. Aside from

having a lower blood sugar level after the meal (compared to

those who didn’t take vinegar), the subjects also said they felt

less hungry after eating. The secret weight-loss component

in vinegar is the acids. Vinegar or acetic acid is believed to

slow down the passage of food from the stomach to the

intestines. This means you will feel fuller longer. A second

mechanism is vinegar’s ability to blunt the natural rise in blood

sugar after a meal. The late Vermont country doctor, Dr. D.

C. Jarvis, maintained that a person could lose weight gradually

by taking two teaspoons of vinegar in a glass of water before

each meal. A word of warning: Don’t take too much vinegar

if you’re hyperacidic. The safest way to consume vinegar is to

incorporate it in your diet. A dose of one to two teaspoons

(5-10 ml.) with meals, once or twice a day, may be enough to

decrease appetite and promote weight loss.

9 Tofu. Did you know that the protein in tofu can

reduce one’s appetite? According to researchers

from the Louisiana State University, overweight

people who ate tofu as an appetizer consumed less food

afterward. For semi-vegetarians, soy products are ideal

substitutes for animal meat. They’re high in protein and rich

in calcium, iron, zinc, magnesium, B vitamins, omega-3 fatty

acids, and fiber. Hence, soy is good for the heart and bones.

(To be continued)

Healthy Lifestyle


People

Condolence

• To Rolan Quitangon, International Container Terminal Services, Inc. Insurance Supervisor,

whose father, Ponciano, passed away last 29 October.

Movements(October 2013)

New Hires

Manuel D. Pascua Corporate Financial Director, Treasury

Jaylord B. Abalos Civil Engineer, Global Engineering

Alejo Miguel T. Uera Financial Planning Supervisor, Corporate Controllership

Elsun M. Cortes Teller / Assessor, CY / CFS Arrastre Billing

Ronald B. Andriano Jr. Records Staff, Records Section

Vincent L. Lasaga Auto Mechanic, Engineering-MES

Fruzzel Paul P. Dianzen Implementation Specialist, Global IT

Niel B. Babula GPW on call, Operations-CY / Marine

Joemar D. Bertis GPW on call, Operations-CY / Marine

Ashley Jorge V. Calixto GPW on call, Operations-CY / Marine

Jerwin P. Castelo GPW on call, Operations-CY / Marine

Jahasiel E. Loque GPW on call, Operations-CY / Marine

Jeffrey M. Magno GPW on call, Operations-CY / Marine

Rejin K. Montañez GPW on call, Operations-CY / Marine

Ricksmar G. Palop GPW on call, Operations-CY / Marine

George P. Quiminales Jr. GPW on call, Operations-CY / Marine

Melvin B. Ramos GPW on call, Operations-CY / Marine

Runell S. Sibya GPW on call, Operations-CY / Marine

Michael C. Sintos GPW on call, Operations-CY / Marine

German P. Amular PM Operator on call, Operations-CY / Marine

Benigno C. Aquino PM Operator on call, Operations-CY / Marine

Joel G. Nicolas PM Operator on call, Operations-CY / Marine

Rhelan V. Roque PM Operator on call, Operations-CY / Marine

Romy R. Salac PM Operator on call, Operations-CY / Marine

Ricky E. Veloso PM Operator on call, Operations-CY / Marine

Retirement / Resignation

Myron Manuel L. Nuyles RTG Operator, Operations-CY / Marine

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People

Mga KaarawanTinipon ni Rose A. Lobrin

Disyembre

1 Nikki Alcantara

Darwin Castillo

Woodie Florentino

Chris Lozano

Virna Manalo

Roderic Pines

Je Robin

Ervin Villanueva Jr.

2 Michael Hilario

Roylan Naval

3 Elpedio Caintoy

Alfredo Mabini

4 Ramil Alayon

Noel Fran

Fernand Inting

Francisco Ros

5 Filip Laurena

Sammy Torrilas

6 Belmor Capinig

Jake Duran

Maria Concepcion Guinto

Rommel Polloso

7 Joselito Cadeñas

Sonny Nunez

Connie Tan

8 Christian Cristobal

Sheena Uy

9 Fausto Fabi Jr.

Reynaldo Sarmiento

Ryan Villacorte

10 Henry Bataller

Jerry Mararac

Bonifacio Matildo

11 Dino Dolloso

12 Geraldine Carilla

Ricardo Dirije

Benigno Ellaso Jr.

Alberto Lentejas

Peejay Sale

13 Antonio Andrade

Reynaldo Bolivar

Nida Dagook

Rommel Inosanto

Rosana Subion

Allan Taylo

14 Conrado Abrigo

Jocil Madelo

Arsenia Magtalas

Jim Francis Navarro

15 Armando Basco

Wilfredo Calderon

Freddie Conde

Guillermo Rag

16 Felipe Baculpo

17 John Erick De Leon

Baby Magat

Jacklord Paradero

Domingo Velasco

18 Larry Camba Jr.

Gerald Columbres

Carlo Magno Dominguez

19 John Brian Abordo

Awi Garcia

Aladin Mislang

Rogelio Omela

20 Ricardo Cano

Lloyd Christian Gregorio

Luis Pangilinan

Rosaldo Salvacion

21 Gary Gacilan

Reynaldo Jaime

Roberto Layug

Ferdinand Vacaro

Benjamin Velasco

22 Eduard Milag

Jerom Sedigo

Arturo Solis

Judith Villanueva

23 Francis Marqueses

24 Gency Concepcion

Harold Crisostomo

Bernie Jaime

Christopher Leal

Rodel Manansala

25 Romeo Bactol Jr.

Jesse Paul Mangmang

Wilma Mantilla

26 Alexander Chua

Joel Gregorio

Astral Mitra

27 Rhandel Aguila

Jose Lebrias

Helen Grace Martinez

Arlene Pison

28 Salvador Aquino

Randy Blas

Oscar Zornosa

29 David Lagarde

Demetrio Prio

30 Ronald Andriano

Loida Arcena

Rizalyn Dela Cruz

Rizalino Habig

Nexy Paredes

Reah Trinidad

31 Melchor Ferran

Dante Geling

Silvestre Jadulco

Paulina Laxamana

Noelito Ngo


Documents

November 2013 PortFolio_Philippine Edition