CCBI seeks exemption from burdensome POM access pass policy
The Chamber of Customs Brokers, Inc. (CCBI) is requesting the Bureau of Customs (BOC) to exempt customs brokers, their representatives, and regular employees of…
International Container Terminal Services, Inc. (ICTSI) reported a 15% drop in net income attributable to equity holders to $44.1 million from $51.7 million year-on-year,…
Logistics firm Worklink is Chelsea Logistics’ latest acquisition
Chelsea Logistics Holdings Corp. (CLC) has acquired local logistics company Worklink Services, Inc. (WSI) in line with its ongoing effort to expand operations and…
New online trading hub widens Asian exposure to global trade
The Pan Asian e-Commerce Alliance (PAA), a group of value-added service providers in Asia, has launched a new electronic marketplace to help Asian sellers…
Listed domestic carrier Lorenzo Shipping Corp.’s (LSC) target volume for 2015 is 90,000 twenty-equivalent units, up 5.2% from the 85,521 TEUs handled in 2014,…
BOC to launch electronic filing of certificates of origin
The Bureau of Customs has tapped value-added service provider InterCommerce Network Services, Inc. (INS), to introduce a cloud-based solution that will automate filing of…
ICTSI, Asian Terminals ease payment mode for PH forwarders
PHILIPPINE International Seafreight Forwarders Association (PISFA) members should now find it easier paying port charges with two of the country’s port operators. Manila International…
PH international airfreight volume hits 205.2M kg in Jan-Sept
The Philippines’ import and export airfreight volume reached 205.243 million kilograms in the first nine months of 2012, with consolidations accounting for 44% or…
Manila-based International Container Terminal Services, Inc. (ICTSI) has won the bid to develop and operate the container and general cargo terminal in Puerto Cortes…
Philippine publicly-listed port operator Asian Terminals, Inc. (ATI) has completed ahead of schedule its South Harbor infrastructure projects for the year. At the core…
PHILIPPINE-BASED port operator International Container Terminal Services, Inc. (ICTSI) has allotted $250 million to construct Terminal 2 at Mexico’s Port of Manzanillo. ICTSI said…
Shipping lines, PH terminal operators ink new crane productivity rate
The Association of International Shipping Lines (AISL) through its Port Operations Committee recently concluded an agreement with Manila-based International Container Terminal Services, Inc (ICTSI)…
MCC Transport Phils excited about business prospects
MCC Transport Philippines, Inc (MCCP) remains excited about prospects for the country’s domestic shipping industry as they launch their newest vessel, M/V MCC Luzon.…
The Philippine Ports Authority (PPA) board recently approved the detailed development design for North Port submitted by operator Manila North Harbour Port, Inc (MNHPI).…
DAVAO Integrated Port and Stevedoring Services Corp. (DIPSSCOR), a subsidiary of International Container Terminal Services, Inc (ICTSI) and cargo handler at the Sasa Wharf…
August 8, 2011
2 minute read
ICTSI to take over Subic’s second container terminal
THE Subic Bay Metropolitan Authority (SBMA) and port operator International Container Terminal Services, Inc (ICTSI) finally signed the contract to operate Subic’s New Container…
