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Posts tagged with "ICTSI"

Manila, Batangas, Subic port operations resume

Manila, Batangas, Subic port operations resume

Nov. 13 | ATI Batangas Domestic Passenger and Ro-ro Terminal. Photo courtesy of Asian Terminals Inc Operations at ports in Manila, Batangas and Subic restarted yesterday (Nov 12) evening after typhoon Ulysses weakened. Manila International Container Terminal operator...

ICTSI net income down 12% in first half

ICTSI net income down 12% in first half

Aug. 7 | Manila International Container Terminal | Photo from ictsi.com International Container Terminal Services, Inc. (ICTSI) saw its net income attributable to equity holders dropping 12% in the first half of 2020 to $113.4 million from $128.5 million year-on-year. Revenue...

Typhoon Ambo restricts Manila, Subic port operations

Typhoon Ambo restricts Manila, Subic port operations

May. 15 | Photo courtesy of NASA Earth Observatory Manila and Subic international terminals are limiting operations due to typhoon Ambo (international name Vongfong). In an advisory, port operator Asian Terminals Inc. (ATI) said vessel, yard, and gate operations...

Sluggish trade cuts ICTSI Q1 income by 16%

Sluggish trade cuts ICTSI Q1 income by 16%

May. 7 | ICTSI’s flagship Manila International Container Terminal Global port operator International Container Terminal Services, Inc. (ICTSI) reported a net income of US$68.8 billion in the first quarter of 2020, 16% lower than the $81.5 billion earned...

ICTSI conducts COVID-19 mass testing for employees

ICTSI conducts COVID-19 mass testing for employees

Apr. 29 | International Container Terminal Services, Inc. (ICTSI) has began rapid antibody testing of employees for the coronavirus disease (COVID-19). ICTSI and Bloomberry Resort Corp’s (BCR) Solaire Resort and Casino partnered with the Tropical Disease Foundation...

BOC transferring 4,000 overstaying boxes from congested MICT

BOC transferring 4,000 overstaying boxes from congested MICT

Mar. 30 | Image by Michael Gaida from Pixabay The Bureau of Customs (BOC) is transferring 4,000 unclaimed containers from Manila International Container Terminal (MICT) to the container depot of Pacific Roadlink Container, Inc. (PRLI) and the domestic terminal...

As supply chain disruption looms, IATF orders removal of containers from congested MICT

As supply chain disruption looms, IATF orders removal of containers from congested MICT

Mar. 28 | The Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF) directed cargo transport stakeholders—particularly importers, consignees, truckers and shipping lines—and concerned government regulators to “address disruptions...

Gonzalez appointed ICTSI executive vice president

Gonzalez appointed ICTSI executive vice president

Mar. 21 | Global port operator International Container Terminal Services, Inc. (ICTSI) has appointed Christian R. Gonzalez as executive vice president of the group. Prior to his new post, Gonzales served as senior vice president and global corporate head of ICTSI....

ICTSI reports 43.7% dip in 2019 income

ICTSI reports 43.7% dip in 2019 income

Mar. 7 | International Container Terminal Services, Inc. (ICTSI) reported a consolidated net income of US$132.7 million in 2019, a decline of 43.7% from the $235.8 million earned in 2018. “ICTSI delivered a positive performance in 2019 with revenue and EBITDA...

ICTSI gets second repayment for suspended Sudan port contract

ICTSI gets second repayment for suspended Sudan port contract

Dec. 14 | The repayment was made following the Sudanese government’s failure to turn over on schedule to port operator International Container Terminal Services, Inc. the South Port Container Terminal at the Port of Sudan. Image from http://sudanports.gov.sd The...