Browsing Tag

International Container Terminal Services Inc (ICTSI)

21 posts

BOC reaffirms order on non-entry of empties in Manila ports without special permit

The Bureau of Customs (BOC) has issued a reminder that empty containers without a special permit to load (SPTL) may not enter the ports…
  • July 6, 2019
  • 3 minute read

PPA sets transfer rates for overstaying imports from Manila ports to offdock CYs

The Philippine Ports Authority (PPA) has specified transfer rates for overstaying import cargoes from Manila South Harbor and Manila International Container Terminal (MICT) to…
  • May 11, 2019
  • 3 minute read

Manila ports report higher container pullouts, lower yard utilization

Weeks after government agencies and the private sector signed a manifesto for the efficient use of Philippine ports, improvements in container pullouts and yard…
  • April 11, 2019
  • 3 minute read

Manifesto zeroes in on transfer of overstaying containers

Manila’s international container ports are now transferring Customs-cleared containers overstaying for more than 30 days to inland container depots (ICDs). The transfers, which started…
  • March 16, 2019
  • 3 minute read

PPA, port operators to build P1B housing for relocated informal settlers; Isla Puting Bato to be used for port expansion

The Philippine Ports Authority (PPA), International Container Terminal Services, Inc. (ICTSI) and Manila North Harbour Port Terminal, Inc. (MNHPI) will spend an initial P1…
  • February 27, 2019
  • 2 minute read

BOC orders transfer of all empty containers from Manila ports to Subic or Batangas

In a bid to address port congestion in the Ports of Manila, the Bureau of Customs has ordered the transfer of all empty containers…
  • February 21, 2019
  • 4 minute read

Industry associations, port operators take steps to solve problem with empty containers in PH

The Association of International Shipping Lines (AISL), Alliance of Concerned Truck Owners and Organizations (ACTOO), Container Depot Alliance of the Philippines (CDAP) and International…
  • February 19, 2019
  • 4 minute read

ICTSI sells majority stake in Cebu container terminal

Manila-based International Container Terminal Services Inc. (ICTSI) is selling its 51% stake in a container terminal in Cebu, the company said in a disclosure…
  • November 30, 2013
  • 1 minute read

ICTSI to double berth capacity at Mindanao port

CAGAYAN DE ORO, Southern Philippines — Port operator International Container Terminal Services Inc. (ICTSI) will likely expand the berth at Mindanao Container Terminal (MCT)…
  • April 17, 2013
  • 2 minute read

ICTSI named best managed company in Asia–Transportation / Shipping

International magazine Euromoney has named International Container Terminal Services, Inc (ICTSI) as winner of the overall best managed company in Asia for the Transportation…
  • January 17, 2013
  • 2 minute read

ICTSI raises $300M for capex

Manila-based port operator International Container Terminal Services Inc (ICTSI) recently raised $300 million from the issuance of medium-term notes for its debt management program…
  • January 12, 2013
  • 1 minute read

Davao port projects both boon and bane for shipping industry

DAVAO CITY, SOUTHERN PHILIPPINES — The two port projects in this area are a cause for both optimism and concern for businessmen. On the…
  • January 6, 2013
  • 2 minute read

ICTSI pulls out of Syria

Manila-based port operator International Container Terminal Services, Inc. (ICTSI), through its subsidiary Tartous International Container Terminal jsc (TICT), has announced the pull-out of its…
  • December 28, 2012
  • 2 minute read

Mindanao Container Terminal volume down slightly

Container throughput at Mindanao Container Terminal (MCT) located in Misamis Oriental, Mindanao Philippines dipped 0.17% in the first 10 months of the year to…
  • November 27, 2012
  • 1 minute read

ICTSI’s Jan-Sept income inches up 4%

Publicly listed Philippine port operator International Container Terminal Services, Inc (ICTSI) posted a 4% increase in net income in the first three quarters of…
  • November 13, 2012
  • 2 minute read

ICTSI names engineers

International Container Terminal Services, Inc (ICTSI) recently announced the appointments of Nathan Clarke and Roger Yee as civil engineering managers for ICTSI’s ports worldwide.…
  • April 11, 2012
  • 1 minute read

ICTSI Georgia unit, Arkas Line ink terminal services agreement

Batumi International Container Terminal LLC (BICTL) recently signed a terminal services agreement with Arkas Line, a new shipping line to call at BICT. According…
  • March 19, 2012
  • 1 minute read

Higher cargo-handling fees loom at Manila ports

PORT operators International Container Terminal Services, Inc (ICTSI) and Asian Terminals, Inc (ATI) have filed a petition with the Philippine Ports Authority (PPA) for…
  • March 19, 2012
  • 3 minute read

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…
  • March 16, 2012
  • 2 minute read

ICTSI books 33% jump in 2011 income

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…
  • March 14, 2012
  • 2 minute read