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Posts tagged with "ICTSI"

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...

ICTSI in talks with banks for acquisition of Hanjin shipyard

ICTSI in talks with banks for acquisition of Hanjin shipyard

Apr. 13 | International Container Terminal Services, Inc. is interested in acquiring Hanjin shipyard in Subic but for use not as a shipyard.  Photo from www.hhic-phil.com. International Container Terminal Services, Inc. (ICTSI) is eyeing a take-over of the Subic...

Transfer of overstaying boxes cuts MICT yard utilization to 70%

Transfer of overstaying boxes cuts MICT yard utilization to 70%

Apr. 9 | Manila International Container Terminal photo courtesy of port operator International Container Terminal Services, Inc. Yard utilization at Manila International Container Terminal (MICT) has declined from 90% in January to 70% at the start of April as...

4 new RTGs deployed at MICT to raise capacity

4 new RTGs deployed at MICT to raise capacity

Apr. 3 | The rubber-tired gantries run on a combination of 22kVah Li-ion battery and a smaller diesel engine which is expected to reduce terminal emissions by up to 40%. Photo from International Container Terminal Services, Inc. International Container Terminal...

Competition Commission clears ICTSI North Harbour acquisition

Competition Commission clears ICTSI North Harbour acquisition

Mar. 23 | The Philippine Competition Commission approved the proposed acquisition deal between International Container Terminal Services, Inc and Manila North Harbour Port, Inc even as the Commission said it “would have had a different conclusion” if “not...

Cavite Gateway Terminal presents logistics advantages for Southern Luzon businesses

Cavite Gateway Terminal presents logistics advantages for Southern Luzon businesses

Mar. 22 | By using the waterways, Cavite Gateway Terminal allows Southern Luzon manufacturers and exporters to easily move their containers in and out of the Manila International Container Terminal, bypassing truck bans and the road congestion. Manufacturers, especially...

Carriers evacuate empty containers at a faster pace

Carriers evacuate empty containers at a faster pace

Mar. 19 | Image by Wolfgang Schröpfer from Pixabay Foreign shipping lines are now able to evacuate more empty containers out of the country with yard utilization at Manila international terminals down to ideal levels, Association of International Shipping Lines...

ICTSI upgrades PNG terminal’s operational efficiency ahead of schedule

ICTSI upgrades PNG terminal’s operational efficiency ahead of schedule

Mar. 19 | International Container Terminal Services, Inc (ICTSI) recently took delivery of three new hybrid rubber-tired gantries (RTGs) for its subsidiary South Pacific International Container Terminal (SPICT) at the Port of Lae, Papua New Guinea. Delivered ahead...
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