Jan-Oct PH cargo volume up 1.26%; box throughput grew 11.23%

Philippine cargo throughput inched up 1.26% in the first ten months of 2012 to 151.881 million metric tons (mmt) from the previous year’s 149.992…

PH customs misses 2012 revenue target

The Philippine Bureau of Customs (BOC) has failed to hit its 2012 collection target, preliminary data released by the agency showed. The agency collected…

ICTSI eyes Hijo port as PH’s second biggest box terminal

International Container Terminal Services, Inc. (ICTSI) is set to develop Hijo International Port (HIP), located in Barangay Madaum, Tagum, Davao del Norte, into the…

PH cargo volume up 4.74%

A strong export sector pushed Philippine cargo throughput to 140.209 million metric tons (mmt) in the first three quarters of the year from 133.860…

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…

PH ports agency allocates P2.68B for projects next year

The Philippine Ports Authority (PPA) will invest P2.68 billion next year to construct three new ports and improve 82 others. The Port District Office…

ICTSI names Asia Region head

International Container Terminal Services, Inc (ICTSI) announced the appointment of Christian R. Gonzalez as acting Head of Asian Region concurrent with his roles as…

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…

PH cargo throughput up 6.33% from Jan-Nov

Philippine cargo throughput rose 6.33% to 162.24 million metric tons (mmt) in the first eleven months of 2011 from 152.58 mmt year-on-year, according to…

ICTSI orders new container handling equipment for Philippine, Mexican operations

International Container Terminal Services, Inc. (ICTSI) recently placed orders for new state-of-the-art container handling equipment for its operations in Mexico and the Philippines. “The…

PH port districts predict 1-11% volume growth for ’12

The five port district offices (PDOs) under the Philippine Ports Authority (PPA) — Manila and North Luzon, Southern Luzon, Visayas, Northern Mindanao, and Southern…

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…

PH cargo throughput up 1.45% from Jan-July

Philippine cargo throughput grew 1.45% in the first seven months of the year, thanks to the strong performance of domestic containerized cargo. According to…

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…

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…