Indonesia-PH fast ferry servie to cut transport costs by 70%
The opening of a roll-on roll-off service in the Davao City to General Santos City-Bitung route is expected to generate massive savings for businessmen based in Mindanao.
The M/V Super Shuttle RoRo 12, which would provide shipping service of 500 Twenty Foot Equivalent Units (TEUs) every week, is expected slash costs by 68 percent compared to the usual Manila to Jakarta to Bitung route, which would take about three to five weeks of shipping time.
A savings up to $1,500 (P74,000) per TEU is estimated in using the route given its $700 (34,713) per TEU rate per 20 feet dry container as compared to using the Davao-General Santos to Manila to Manado via Jakarta route, which amounts to $2,200 (P109,098) per TEU.
The goods from Mindanao that will be shipped to Indonesia include animal feeds, fertilizer, construction materials, ice cream products, poultry, fresh fruits, and synthetics.
Imports from Indonesia on the other hand will be matured coconut, copra, corn, feed ingredients, lumber, cement, high value crops, vegetables, meat, peanuts, aqua products, charcoal, soya, coffee beans, and sugar.
A study conducted by the Research Education and Institutional Development Foundation through the US Agency for International Development in 2010 revealed that the North Sulawesi-Mindanao sea link offers strong potentials for international trade and commerce between Indonesia and the Philippines since it offers a proximate channel for the shipment of goods.