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Posts tagged with "ICTSI"

ICTSI rebuts GSIS claim of owning MICT land

ICTSI rebuts GSIS claim of owning MICT land

Jun. 7 | Port operator International Container Terminal Services, Inc. (ICTSI) said the land occupied by the Manila International Container Terminal (MICT) that the Government Service Insurance System (GSIS) is claiming to be part of its property is owned by the...

ICTSI investment stake in Iloilo port projects raised to P8.7B

ICTSI investment stake in Iloilo port projects raised to P8.7B

May. 29 | Iloilo port photo from www.flickr.com/photos/29421855@N07/3316728089 International Container Terminal Services, Inc. (ICTSI) has increased to P8.7 billion its estimated investment cost for its unsolicited proposal to modernize and develop the Iloilo Port...

Dockworkers go on strike at Port of General Santos

Dockworkers go on strike at Port of General Santos

May. 22 | The Port of General Santos handles approximately 96% of domestic and international general and containerized cargo in the SOCSKSARGEN (South Cotabato, Cotabato, Sultan Kudarat, Sarangani and General Santos) area. Photo from www.asianterminals.com.ph The...

ICTSI’s Guayaquil facility welcomes biggest ship to call in Ecuador

ICTSI’s Guayaquil facility welcomes biggest ship to call in Ecuador

May. 20 | The 10,010 twenty-foot equivalent unit neo-Panamax CMA CGM Cochin is by far the largest ship to dock in Ecuador. Contecon Guayaquil, operated by International Container Terminal Services, Inc. (ICTSI) subsidiary Contecon Guayaquil SA (CGSA), has set a...

Another congestion? CDAP warns of CYs’ shutdown, holiday as utilization drops

Another congestion? CDAP warns of CYs’ shutdown, holiday as utilization drops

May. 13 | Image by druckfuchs from Pixabay The Container Depot Alliance of the Philippines (CDAP) is considering the closure of recently opened empty container depots (ECDs) outside Metro Manila and declaring a holiday in all member container yards (CYs) to address...

ICTSI’s Q1 net income soars 71% owing to higher volumes

ICTSI’s Q1 net income soars 71% owing to higher volumes

May. 10 | Image by PublicDomainPictures from Pixabay International Container Terminal Services, Inc. (ICTSI) posted a net income of US$81.5 million in the first quarter of 2019, 71% higher than the $47.7 million earned in the same period in 2018. Revenue from port...

PPA approves HCPTI share transfer to ICTSI

PPA approves HCPTI share transfer to ICTSI

May. 9 | Image by OpenClipart-Vectors from Pixabay The Philippine Ports Authority (PPA) Board has approved the transfer of 15.7% of the shares of Harbour Centre Port Terminal, Inc. (HCPTI) in Manila North Harbour Port, Inc. (MNHPI) to International Container Terminal...

ICTSI opens $450M container terminal in Argentina

ICTSI opens $450M container terminal in Argentina

Apr. 16 | Jacaranda, a vessel of Brazilian shipping line Log-In, berthed at Tecplata. Photo from www.ictsi.com. TecPlata, the new container terminal of International Container Terminal Services, Inc. (ICTSI) located in Argentina’s Puerto de La Plata, has officially...

BOC: No more congestion at Manila ports

BOC: No more congestion at Manila ports

Apr. 15 | Image by Michael Gaida from Pixabay The problem of congestion at the Port of Manila (POM) and Manila International Container Port (MICP) has been checked as of April, according to the Bureau of Customs (BOC). Yard utilization at POM and MICP has declined...

ICTSI earmarks $380M capex this year, eyes more projects in PH

ICTSI earmarks $380M capex this year, eyes more projects in PH

Apr. 13 | Manila International Container Terminal, flagship of International Container Terminal Services, Inc. Photo from ICTSI. International Container Terminal Services Inc. (ICTSI) has allotted US$380 million for capital expenditures (capex) in 2019, much of...
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