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Posts tagged with "ports"

More PH carriers sign up with online empty-container returns system

More PH carriers sign up with online empty-container returns system

Nov. 15 | Cargo Data Exchange Center, Inc. CEO Leo Morada at the recent Chamber of Customs Brokers, Inc. 27th National Convention in Davao City. More shipping lines operating in the Philippines are now connected to GoFast, the web-based system of the Association...

ICTSI income up 11% in first three quarters, but down 9% in Q3

ICTSI income up 11% in first three quarters, but down 9% in Q3

Nov. 13 | Manila International Container Terminal, the flagship terminal of International Container Terminal Services, Inc. Photo courtesy of ICTSI. International Container Terminal Services, Inc. (ICTSI) reported an 11% increase in net income to US$168.1 million...

ICTSI enters Papua New Guinea

ICTSI enters Papua New Guinea

Sep. 26 | International Container Terminal Services, Inc. (ICTSI) has signed two 25-year concession agreements to operate, manage, and develop the international ports of Motukea and Lae in Papua New Guinea (PNG). The terminal operating agreements were signed by...

BOC beats H1 revenue target by 11.3% 

BOC beats H1 revenue target by 11.3% 

Aug. 19 | The Philippine Bureau of Customs (BOC) has exceeded its collection target for the first semester by 11.3%, posting more than P212.16 billion in duties and taxes from P190 billion year-on-year. Ten of 17 BOC ports topped their collection targets from...

ICTSI delivers 24% growth in income for first semester

ICTSI delivers 24% growth in income for first semester

Aug. 13 | International Container Terminal Services, Inc’s flagship, the Manila International Container Terminal. Photo courtesy of ICTSI. Port operator International Container Terminal Services, Inc. (ICTSI) reported a 24% increase in net income to US$115.117...

PH carriers pitch game plan for competitive domestic shipping sector

PH carriers pitch game plan for competitive domestic shipping sector

Jun. 18 | Philippine vessel docked at the Manila North Harbor. The Philippine Inter-Island Shipping Association (PISA) has identified strategies the government should undertake to support the association’s vision of a modern and competitive domestic shipping...

Special PH customs inspection team formed to fast track probe into undervalued shipments

Special PH customs inspection team formed to fast track probe into undervalued shipments

May. 21 | The Philippine Bureau of Customs (BOC) has created a Special Inspection Team (SIT) to expedite examination of shipments alerted for undervaluation. The team was created under Customs Special Order (CSO) No. 36-2017 signed by Customs Commissioner Nicanor...

Trump ‘biggest risk’ to trade: port magnate

Trump ‘biggest risk’ to trade: port magnate

Apr. 24 | US President Donald Trump, Jr. is today’s biggest risk to global trade, according to port and casino tycoon Enrique Razon, Jr. “Trump is the biggest issue, by far probably the only risk. Well, economic growth of course is always a risk, but Trump...

ICTSI, PSA inaugurate JV terminal in Colombia

ICTSI, PSA inaugurate JV terminal in Colombia

Mar. 20 | Colombian President Juan Manuel Santos with Puerto Aguadulce CEO Miguel Abisambra during the inauguration of the US$550-million Puerto Aguadulce. Photo from www.ictsi.com. Port operators International Container Terminal Services, Inc. (ICTSI) and PSA...

ICTSI net income up 207% in 2016

ICTSI net income up 207% in 2016

Mar. 15 | The increase in International Container Terminal Services, Inc revenues was due to, among others, improved trade activities at most of its Philippine terminals (in photo) resulting in volume growth. Photo courtesy of ICTSI. International Container Terminal...
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