ICTSI income slips 15% in Q1

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,…

PPA revisits TABS penalties, solicits public feedback

The Philippine Ports Authority (PPA) is reviewing the implementation of the Terminal Appointment Booking System (TABS) and its penalties as it still sees “room…

ICTSI upgrades MICT tracking system

International Container Terminal Services, Inc. (ICTSI) has updated its online container-tracking system developed in-house for its flagship terminal, Manila International Container Terminal (MICT). ICTSI,…

Tacloban port reopens to commercial vessels

The Port of Tacloban, one of several public infrastructure damaged by super typhoon Haiyan (local name Yolanda), is now fully functioning, according to Philippine Ports…

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…

Volume slips at Mindanao box terminal, but recovery under way

CARGO throughput at the Mindanao Container Terminal (MCT) in Misamis Oriental, southern Philippines, declined 1.84% to 17,000 twenty-foot equivalent units (TEUs) in June from…

ICTSI wins bid for Honduras terminal

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…

Subic’s NCT1 and 2, gateways and not spillover terminals — ICTSI

International Container Terminal Services, Inc (ICTSI) continues to have a positive outlook on its Subic terminals despite their low capacity utilization. “We firmly believe…

ICTSI eyes stake in Pakistan port

Philippine-based port operator International Container Terminal Services, Inc (ICTSI) has expressed interest in acquiring a stake in a Pakistani port. ICTSI, through subsidiary ICTSI…

ICTSI to spend $250M on Mexican terminal

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)…

ICTSI posts 39% jump in income from Jan to Sept

International Container Terminal Services, Inc (ICTSI) recorded a 39% rise in net income to $101.4 million in the first three quarters of the year…

RTGs to boost Manila’s Berth 6 operations

  International Container Terminal Services, Inc. (ICTSI) will soon take delivery of eight brand new rubber-tired gantries (RTG) to support impending Berth 6 operations…

PH terminal operators push early cargo-handling rate hike

PHILIPPINE terminal operators International Container Terminal Services, Inc (ICTSI) and Asian Terminals, Inc (ATI) are pushing for implementation of higher vessel-related cargo-handling rates as…

ICTSI net income soars 42% in first half

INTERNATIONAL Container Terminal Services, Inc (ICTSI) reported a 42% jump in first-half net income to $60 million from $42.4 million year-on-year, thanks to higher…

ICTSI Davao unit hits 100,000th TEU mark

DAVAO Integrated Port and Stevedoring Services Corp. (DIPSSCOR), a subsidiary of International Container Terminal Services, Inc (ICTSI) and cargo handler at the Sasa Wharf…

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…

MICT eyes 6% container volume growth for 2011

MANILA International Container Terminal (MICT) is targeting a 6% increase in container volume this year to about 1.7 million twenty-foot equivalent units (TEUs), anchored…