ICTSI complies with conditions for purchase of MNHPI shares

International Container Terminal Services, Inc. (ICTSI) on October 30 has conformed to all conditions relating to the acquisition of 34.83% shares worth P1.75 billion…

ICTSI acquires 16 hybrid RTGs for $22M

International Container Terminal Services, Inc. (ICTSI) has acquired 16 hybrid rubber-tired gantries (RTG) worth $22 million for deployment at its Manila International Container Terminal…

MICT hits record productivity in Aug, Sept

Manila International Container Terminal (MICT) posted record productivity for August and September with equipment operators achieving their monthly targets, according to port operator International…

ICTSI enters Papua New Guinea

International Container Terminal Services, Inc. (ICTSI) has signed two 25-year concession agreements to operate, manage, and develop the international ports of Motukea and Lae…

ICTSI buys 34.83% of Manila North Harbor for P1.75B

International Container Terminal Services, Inc. (ICTSI) is acquiring 34.83% shares of Petron Corporation in domestic port operator Manila North Harbour Port, Inc. (MNHPI) for…

ICTSI delivers 24% growth in income for first semester

Port operator International Container Terminal Services, Inc. (ICTSI) reported a 24% increase in net income to US$115.117 million in the first half of 2017,…

Talks on P10B MICT-Calamba cargo rail project resume

MRail Inc. said it has resumed talks with state-run Philippine National Railways (PNR) on the proposed P10-billion cargo rail project that will connect the…

ICTSI’s Laguna dry port gets ready for higher box volumes

The Laguna Gateway Inland Container Terminal (LGICT), the dry port facility of International Container Terminal Services, Inc. (ICTSI) located in Southern Luzon, is gearing…

ICTSI Subic’s CFS facilitates efficient cargo movement in Northern, Central Luzon

International Container Terminal Services, Inc.’s (ICTSI) container freight station (CFS) at the Subic Bay Freeport is helping ensure faster movement of goods in the…

MICT records ‘optimal’ yard utilization – ICTSI

The Manila International Container Terminal (MICT) continues to perform optimally as it gears up for the peak season, according to operator International Container Terminal…

BOC issues operating guidelines for ICTSI dry port in Laguna

The Philippine Bureau of Customs (BOC) has issued interim operational guidelines for running the Laguna Gateway Inland Container Terminal (LGICT) while a customs administrative…

Namsung ship makes inaugural stop in Manila

Namsung Shipping’s MV Starship Ursa recently made its maiden call at the Manila International Container Terminal (MICT). The vessel berthed at MICT on June…

ICTSI withdraws from Nigerian port project

Lekki International Container Terminal Services LFTZ Enterprise (LICTSE), the subsidiary in Nigeria of port operator International Container Terminal Services, Inc. (ICTSI), has terminated its…

ICTSI registers 27.8% income in first quarter

Port operator International Container Terminal Services, Inc. (ICTSI) reported a net income of US$57.584 million in the first quarter of 2017, 27.8% higher than…

Subic terminal matches Manila port in productivity—ICTSI

Two Panamax quay cranes at Subic Port’s New Container Terminal (NCT) 1 recently achieved very high productivity levels after handling close to 400 twenty-foot…

Evergreen’s new KTP service makes maiden call at Subic

Taiwan-based carrier Evergreen Marine Corp. has started a new service that connects South Korea, Taiwan, and the Philippines. The South Korea-Taiwan-Philippines (KTP) service plies…

ICTSI proposes construction of multi-billion peso overpass to MICT

Port operator International Container Terminal Services, Inc. (ICTSI) is improving access to and from its flagship operation, Manila International Container Terminal (MICT), with two…

Trump ‘biggest risk’ to trade: port magnate

US President Donald Trump, Jr. is today’s biggest risk to global trade, according to port and casino tycoon Enrique Razon, Jr. “Trump is the…

ICTSI, DOTr launch container barge terminal

International Container Terminal Services, Inc. (ICTSI), in partnership with the Philippine Department of Transportation (DOTr), recently launched the development of the country’s first container…

Evergreen starts direct Subic-Taiwan-Korea service

Taiwanese carrier Evergreen Marine Corporation is launching a new weekly direct service next week that will connect Subic port with Taiwan and South Korea,…