As for Brazilian iron ore, transportation system of VLOC will be diffused widely to each port by utilizing Philippines ports. In order to establish stable supply system of iron ore from the Philippine ports and to enhance transportation functions, collaboration will be pursued with Philippine Ports Authority (PPT) and other authorities concerned. This collaboration is expected to develop into a comprehensive partnership involving PPA, Phividec (Philippine Veterans Investment Development Corporation) and The Department of Transportation and Communication of the Philippines, in view of the ongoing construction plan of ports which can accommodate 400,000-dwt VLOCs in the Philippines by ODA (Official Development Assistance) from Japan.
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