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 invests $100M to expand Congo terminal capacity

International Container Terminal Services, Inc. (ICTSI) has earmarked more than US$100 million for the second phase of expansion of its Congolese subsidiary, Matadi Gateway…

PPA suspends TABS bookings from Aug 9-10 to clear backlog

The Philippine Ports Authority (PPA) has suspended truck bookings into Manila South Harbor through the Terminal Appointment Booking System (TABS) from today (Aug 9)…

Subic port’s 4 new reach stackers operational in April

Subic Bay International Terminal Corporation (SBITC) has acquired four additional reach stackers to ensure efficient port operations and optimize the container yard space of…

ICTSI names Asia Pacific head

International Container Terminal Services, Inc. (ICTSI) has appointed Andrew Dawes as Senior Vice President and Regional Head of Asia Pacific, replacing Christian R. Gonzalez,…

ICTSI begins berth expansion works at MICT this month

The Philippine Ports Authority (PPA) has given the nod for capacity improvements at the Manila International Container Terminal (MICT), the flagship operation of International…

ICTSI’s new $145M dock upgrades capacity of Honduras’ busiest seaport

Honduran President Juan Orlando Hernández recently inaugurated the new Pier 6 facility of Puerto Cortes operated by Operadora Portuaria Centroamericana S.A. de C.V. (OPC),…

ICTSI confident purchase of MNHPI shares to clear PCC

International Container Terminal Services, Inc. (ICTSI) is confident its acquisition of 50% shares in Manila North Harbour Port, Inc. (MNHPI), operator of domestic terminal…

ICTSI now owns 50% of domestic port operator Manila North Harbour

International Container Terminal Services, Inc. (ICTSI) has acquired an additional 15.17% stake in Manila North Harbour Port, Inc. (MNHPI) for P910 million, increasing its…

ICTSI H1 income slips 6% despite revenue growth

Global port operator International Container Terminal Services, Inc. (ICTSI) reported a net income attributable to equity holders of $97.7 million in the first half…

ICTSI continues series of improvements, investments to upgrade MICT

International Container Terminal Services, Inc. (ICTSI) has bared development plans for Manila International Container Terminal (MICT) aimed at further improving services at its flagship…

ICTSI preferred bidder to operate Sudan container terminal

International Container Terminal Services, Inc. (ICTSI) has been confirmed by Sea Ports Corporation of Sudan (SPC) as the preferred bidder to operate and manage…

Cargo-handling charges at Manila ports up 7% starting June 5

The Philippine Ports Authority (PPA) has approved a 7% adjustment on vessel and cargo-handling rates at both the Manila South Harbor and Manila International…

Cavite Gateway Terminal soft opening seen in Q2

The Cavite Gateway Terminal (CGT), the country’s first container roll-on/roll-off barge terminal in Tanza, Cavite, will start soft operations by the second quarter of…

Manila port operators seek hike in cargo handling tariff

Port operators Asian Terminals Inc. (ATI) and International Container Terminal Services, Inc. (ICTSI) have filed petitions with the Philippine Ports Authority (PPA) for cargo-handling…

ICTSI sees 56% jump in income from global operations

Global port operator International Container Terminal Services, Inc. (ICTSI) has reported a comprehensive net income of US$245.993 million in 2017, 56.4% higher than $157.269…

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,…

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…

PH cargo volume up 6% in Jan-Oct as imports surge

The strong performance of the import sector contributed to the 6% increase in the Philippines’ cargo throughput for the first 10 months of 2016, the…