Floods halt flights, hamper supply chain activities in PH; Business as usual at Manila’s ports

OPERATIONS at Manila’s seaports continued Tuesday despite heavy monsoon rains enhanced by tropical storm Maring and as widespread flooding in the metropolis and nearby…

Strong economic growth anchors PH ports

ROBUST Philippine economic growth in the first quarter that exceeded expectations boosted performance of the country’s port operators as they continued to defy uncertainties…

ICTSI profit climbs 15% to $40.7M

PHILIPPINE-BASED port operator International Container Terminal Services Inc. (ICTSI) reported unaudited consolidated net income of $40.7 million for the first quarter ended March 31,…

PH container throughput up 2% in Jan-Feb

The Philippine Ports Authority (PPA) reported steady growth in cargo volume in the first two months of the year, with containerized throughput rising 1.91%…

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…