PPA sets transfer rates for overstaying imports from Manila ports to offdock CYs

May. 11 | Image by Michael Gaida from Pixabay The Philippine Ports Authority (PPA) has specified transfer rates for overstaying import cargoes from Manila South Harbor and Manila International Container Terminal (MICT) to designated off-dock facilities. PPA Administrative...

Manila ports report higher container pullouts, lower yard utilization

Apr. 11 | Weeks after government agencies and the private sector signed a manifesto for the efficient use of Philippine ports, improvements in container pullouts and yard utilization at Manila ports have been recorded, the Department of Transportation (DOTr) said...

Manifesto zeroes in on transfer of overstaying containers

Mar. 16 | Manila’s international container ports are now transferring Customs-cleared containers overstaying for more than 30 days to inland container depots (ICDs). The transfers, which started on March 16, are part of a manifesto signed on March 15 by several...

PPA, port operators to build P1B housing for relocated informal settlers; Isla Puting Bato to be used for port expansion

Feb. 27 | At the signing of the MOU transferring a five-hectare land owned by the Philippine Ports Authority to the city government of Manila. Photo from the Department of Transportation. The Philippine Ports Authority (PPA), International Container Terminal Services,...

BOC orders transfer of all empty containers from Manila ports to Subic or Batangas

Feb. 21 | In a bid to address port congestion in the Ports of Manila, the Bureau of Customs has ordered the transfer of all empty containers from Manila ports to either the Port of Batangas (POB) or Subic Bay Freeport (SBFP). Customs commissioner Rey Leonardo Guerrero...

Industry associations, port operators take steps to solve problem with empty containers in PH

Feb. 19 | The Association of International Shipping Lines (AISL), Alliance of Concerned Truck Owners and Organizations (ACTOO), Container Depot Alliance of the Philippines (CDAP) and International Container Terminal Services, Inc. (ICTSI) have agreed to undertake...

ICTSI sells majority stake in Cebu container terminal

Nov. 30 | Manila-based International Container Terminal Services Inc. (ICTSI) is selling its 51% stake in a container terminal in Cebu, the company said in a disclosure to the Philippine Stock Exchange last Friday. The port operator said its stake in Cebu International...

ICTSI to double berth capacity at Mindanao port

Apr. 17 | CAGAYAN DE ORO, Southern Philippines — Port operator International Container Terminal Services Inc. (ICTSI) will likely expand the berth at Mindanao Container Terminal (MCT) this year, amid continuing growth in the capacity of vessels calling at the...

ICTSI named best managed company in Asia–Transportation / Shipping

Jan. 17 | International magazine Euromoney has named International Container Terminal Services, Inc (ICTSI) as winner of the overall best managed company in Asia for the Transportation / Shipping sector in the Euromoney ‘Best Managed and Governed Companies –...

ICTSI raises $300M for capex

Jan. 12 | Manila-based port operator International Container Terminal Services Inc (ICTSI) recently raised $300 million from the issuance of medium-term notes for its debt management program and capital expenditures. Lauro Baja, managing director of UBS Philippines,...