APMT opens Hong Kong office to expand Asia presence
Global port operator APM Terminals (APMT) has opened a Hong Kong office to further expand its partnerships with Asia-based customers when making global network…
Singapore – Lekki Port LFTZ Enterprise (LPLE) and International Container Terminal Services, Inc. (ICTSI) have signed a memorandum of understanding (MoU) for the operation…
The Philippine Department of Transportation and Communications (DOTC) finally sealed a deal with Ninoy Aquino International Airport Terminal 3 (NAIA T3) contractor Takenaka Corp,…
March 16, 2012
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Construction contract for MICT Berth 6 extended
Philippine-based International Container Terminal Services, Inc (ICTSI) has extended up to end of the year the contract of joint venture partners Hanjin Heavy Industries…
Mindanao container terminal posts 4% rise in Jan volume
Mindanao Container Terminal (MCT) in southern Philippines posted a 4% increase in its January volume to 16,162 twenty-foot equivalent units (TEUs) from 15,412 TEUs…
Philippine-based publicly listed company Asian Terminals Inc (ATI) reported a net income of P1.52 billion, down 4.5% fromP1.59 billion in 2010. Gross revenues also…
Philippine-based publicly listed company International Container Terminal Services, Inc (ICTSI) posted a 33% increase in 2011 net income to $130.6 million due to higher…
Philippine-based port operator International Container Terminal Services, Inc (ICTSI) has expressed interest in acquiring a stake in a Pakistani port. ICTSI, through subsidiary ICTSI…
Cai Mep-Thi Vai port development ordered fast-tracked
Vietnam state officials instructed contractors of the International Cai Mep-Thi Vai port project to overcome difficulties and complete its infrastructure development as scheduled by…
Singapore to host the ReCAAP ISC for another 5 years
Singapore reaffirmed on March 7 its commitment to international cooperation to combat piracy and armed robbery against ships in Asia. Lam Yi Young, Chief…
APM Terminals (APMT) reported a revenue growth of 10 percent year-on-year and an ebitda of US$1.06 billion to make The Hague-based global port operator’s results…
The Philippine Department of Transportation and Communications (DOTC) expects to operate 75% of the Ninoy Aquino International Airport Terminal 3 (NAIA 3) by December…
Land Bank of the Philippines recently granted Clark International Airport Corp (CIAC) a P1-billion loan to finance the second phase of Clark International Airport’s…
Indonesia port operator Pelindo II books 33% jump in net income
Indonesia’s state-owned port operator PT Pelabuhan Indonesia II (Pelindo II) achieved a 33 percent surge in net profit to IDR1.6 trillion (US$176 million) in…
The Philippine Department of Transportation and Communications (DOTC) is allotting P500 million for the construction and upgrade of the Ormoc, Tabaco City in Albay,…
The Philippine Board of Investment recently granted pioneer status to Manila North Harbour Port, Inc (MNHPI) for investing in domestic port North Port (formerly…
