Volume at PH ports up 6% to 59M metric tons in Jan-April

CARGO volume handled by the Philippines’ ports in the first four months of this year grew 6.01% year-on-year to 59.37 million metric tons (MMT),…

ICTSI to renew MICT concession rights for $600M

Manila-based port operator International Container Terminal Services, Inc. (ICTSI) says it will renew its concession to operate the Manila International Container Terminal (MICT) and…

Jan-Feb income up 6% at PH ports agency

THE Philippine Ports Authority (PPA) posted a net income of P914.4 million for the first two months of the year, up 5.96% from P863…

Second tranche of PH cargo tariff increase in effect

The full implementation of higher arrastre fees on international containerized and non-containerized cargoes at the Manila International Container Terminal (MICT) and the South Harbor…

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…

MICT handled 33% of PH boxes from Jan-Sept

The Manila International Container Terminal (MICT) remained the Philippines’s top container port, cornering 33% or 1.25 million twenty-foot equivalent units (TEUs) of the total…

MICT offers dedicated reefer express lane

International Container Terminal Services, Inc (ICTSI) recently introduced the Reefer Express Lane (REL) to facilitate movement of reefer vans at the Manila International Container…

PH cargo throughput up 6% from Jan-Oct

Philippine cargo volume increased 5.7% in the first 10 months of the year due to strong exports, especially those passing through private ports. Latest…