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Posts tagged with "ICTSI"

Merger of Manila’s customs districts gets support

Merger of Manila’s customs districts gets support

Oct. 7 | Merging the two customs collection districts at the Manila port will make collecting duties and taxes more efficient, while stakeholders will benefit from improved port operations, according to shipping lines and a port operator. “I think one of the...

PPA H1 income up 31% on higher revenue, lower expenses

PPA H1 income up 31% on higher revenue, lower expenses

Sep. 25 | Image by OpenClipart-Vectors from Pixabay The Philippine Ports Authority (PPA) recorded a net income of P5.818 billion in the first half of 2019, 31.34% higher than the P4.429 billion earned in the same period last year, due to improved revenues and lower...

Manila gov’t warm to proposed flyover linking MICT to Road 10

Manila gov’t warm to proposed flyover linking MICT to Road 10

Sep. 18 | Image courtesy of mapichai at FreeDigitalPhotos.net The Manila city government supports the proposed flyover that will link Manila International Container Terminal (MICT) directly to Road 10, according to an official of port operator International Container...

ICTSI Ecuador launches first transport insurance program for banana trade

ICTSI Ecuador launches first transport insurance program for banana trade

Sep. 11 | Contecon Guayaquil SA, ICTSI’s terminal in Guayas, Ecuador Contecon Guayaquil SA—the Ecuadorian subsidiary of International Container Terminal Services, Inc. (ICTSI)—is providing a comprehensive insurance program to support growers at the world’s...

ICTSI Mexico marks 4M TEUs

ICTSI Mexico marks 4M TEUs

Sep. 2 | Contecon Manzanillo S.A. de C.V., which operates the Port of Manzanillo in Mexico, has achieved its first 4-millionth twenty-foot equivalent unit milestone. Contecon Manzanillo S.A. de C.V. (CMSA), the Mexican subsidiary of International Container Terminal...

Faster turnaround, better services seen at Honduras port

Faster turnaround, better services seen at Honduras port

Aug. 28 | Operadora Portuaria Centroamericana, International Container Terminal Services, Inc.’s terminal in Cortes, Honduras. Photo from ICTSI. Operadora Portuaria Centroamericana (OPC), the Honduran subsidiary of International Container Terminal Services,...

ICTSI income jumps 29% in H1

ICTSI income jumps 29% in H1

Aug. 14 | Manila International Container Terminal, International Container Terminal Services, Inc’s flagship terminal. Photo from ICTSI. International Container Terminal Services, Inc. (ICTSI) reported a net income of US$146.070 million in the first half...

Sudan returns partial fee to ICTSI for uncompleted terminal deal

Sudan returns partial fee to ICTSI for uncompleted terminal deal

Aug. 13 | Sudan has partially repaid International Container Terminal Services, Inc for failing to turn over on schedule Port of Sudan’s South Port Container Terminal. Image from http://sudanports.gov.sd The Sudanese government has repaid part of the upfront...

ICTSI Manila continues equipment roll-out

ICTSI Manila continues equipment roll-out

Jul. 24 | International Container Terminal Services, Inc. recently received delivery of brand new port equipment for its flagship Manila International Container Terminal. Photo shows delivery of a new ship-to-shore crane last 26 June, to be deployed at MICT’s...

ICTSI wins bid to acquire Rio container port

ICTSI wins bid to acquire Rio container port

Jul. 18 | Port operator International Container Terminal Services, Inc. (ICTSI), through subsidiary ICTSI Americas B.V., has made a successful bid to acquire 100% of the shares of Libra Terminal Rio S.A. (Libra Rio), the concessionaire of a container terminal at...