OFFICERS of International Container Terminal Services, Inc. (ICTSI) and the Port of Portland in Oregon, USA recently signed a Memorandum of Agreement for a 25-year lease to operate the container and breakbulk facility of Terminal 6. Photo shows the officers at the signing event (seated, left to right): Sam Ruda, Port of Portland port director of marine and industrial development; Elvis Ganda, ICTSI Oregon, Inc. chief executive officer; and Bill Wyatt, Port of Portland executive director. Witnessing the event were (standing, left to right): Keith Leavitt, Port of Portland corporate real estate manager; Marcelo Suarez, ICTSI senior vice president, and Judi Johansen, Port of Portland commission president. The agreement, the largest financial transaction in the history of the city’s maritime port, is ICTSI’s first venture in the USA.

You May Also Like

PAL to unveil digitalization plan to return to black

Philippine Airlines (PAL) is embarking on a digital transformation as a strategy to reduce costs and return to profit. PAL said the next few…

PH food imports need DA, DOH clearance before release at ports

Philippine food imports must first be inspected and cleared by health and agriculture officials before undergoing assessment by customs personnel. This system ensures food…

Leonilo Miole is new GM of Cebu Port Authority

Leonilo E. Miole has been elected as the new general manager of Cebu Port Authority (CPA), replacing Angelo Verdan, who passed away on June…

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…