ICTSI gets second repayment for suspended Sudan port contract

The Sudanese government has made the second partial repayment of the upfront fee it received from International Container Terminal Services, Inc. (ICTSI). The repayment…

ICTSI’s Puerto Aguadulce services largest box ship to call in Colombia

Port operator Sociedad Puerto Industrial de Aguadulce (SPIA) has set a new operational milestone at the Port of Buenaventura in Colombia after servicing the…

ICTSI Croatia announces new intermodal service at Port of Rijeka

Adriatic Gate Container Terminal (AGCT), the Croatian subsidiary of International Container Terminal Services, Inc. (ICTSI) at the Port of Rijeka in Croatia, welcomed the…

ICTSI proposal for Iloilo ports meets PPA requirements

International Container Terminal Services, Inc.’s (ICTSI) unsolicited proposal to modernize and develop the Iloilo Port Complex and the Port of Dumangas in Iloilo province…

ICTSI declares 25% income growth for first 9 months

Port operator International Container Terminal Services, Inc. (ICTSI) reported a net income of US$204.968 million in the first nine months of 2019, 25% higher…

ICTSI Oregon awarded $93.6M for union’s illegal strike

A US federal jury awarded damages to ICTSI Oregon totaling US$93.6 million in a case against the International Longshore and Warehouse Union (ILWU) and…

ICTSI Mexico expands capacity with new RTGs, quay cranes

Contecon Manzanillo S.A. de C.V. (CMSA), the Mexican subsidiary of International Container Terminal Services, Inc. (ICTSI), recently took delivery of a pair of quay…

Merger of Manila’s customs districts gets support

Merging the two customs collection districts at the Manila port will make collecting duties and taxes more efficient, while stakeholders will benefit from improved…

PPA H1 income up 31% on higher revenue, lower expenses

The Philippine Ports Authority (PPA) recorded a net income of P5.818 billion in the first half of 2019, 31.34% higher than the P4.429 billion…

Manila gov’t warm to proposed flyover linking MICT to Road 10

The Manila city government supports the proposed flyover that will link Manila International Container Terminal (MICT) directly to Road 10, according to an official…

ICTSI Ecuador launches first transport insurance program for banana trade

Contecon Guayaquil SA—the Ecuadorian subsidiary of International Container Terminal Services, Inc. (ICTSI)—is providing a comprehensive insurance program to support growers at the world’s largest…

ICTSI Mexico marks 4M TEUs

Contecon Manzanillo S.A. de C.V. (CMSA), the Mexican subsidiary of International Container Terminal Services, Inc. (ICTSI) at the Port of Manzanillo, has achieved its…

Faster turnaround, better services seen at Honduras port

Operadora Portuaria Centroamericana (OPC), the Honduran subsidiary of International Container Terminal Services, Inc. (ICTSI), has beefed up its partnership with Honduran authorities to improve…

ICTSI income jumps 29% in H1

International Container Terminal Services, Inc. (ICTSI) reported a net income of US$146.070 million in the first half of 2019, 29% higher than the $103.904…

Sudan returns partial fee to ICTSI for uncompleted terminal deal

The Sudanese government has repaid part of the upfront fee it received from International Container Terminal Services, Inc. (ICTSI) after failing to turn over…

ICTSI Manila continues equipment roll-out

International Container Terminal Services, Inc. (ICTSI) recently took delivery of another new quay crane (QC) and eight new hybrid rubber tired gantries (RTGs) for its flagship Manila…

ICTSI wins bid to acquire Rio container port

Port operator International Container Terminal Services, Inc. (ICTSI), through subsidiary ICTSI Americas B.V., has made a successful bid to acquire 100% of the shares…

MICT yard use hits historic low

Yard utilization at Manila International Container Terminal (MICT) in June is close to an almost historic low of under 58% due to continuous efforts…

ICTSI is preferred bidder for Cameroon port

International Container Terminal Services, Inc. (ICTSI) has been declared the preferred bidder for the concession of the development, operation and maintenance of the multipurpose…

ICTSI rebuts GSIS claim of owning MICT land

Port operator International Container Terminal Services, Inc. (ICTSI) said the land occupied by the Manila International Container Terminal (MICT) that the Government Service Insurance…