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Posts tagged with "International Container Terminal Services Inc (ICTSI)"

ICTSI raises $300M for capex

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,...

Davao port projects both boon and bane for shipping industry

Davao port projects both boon and bane for shipping industry

Jan. 6 | DAVAO CITY, SOUTHERN PHILIPPINES — The two port projects in this area are a cause for both optimism and concern for businessmen. On the one hand, they say Davao International Container Terminal (DICT) and Hijo International Port (HIP) would address...

ICTSI pulls out of Syria

ICTSI pulls out of Syria

Dec. 28 | Manila-based port operator International Container Terminal Services, Inc. (ICTSI), through its subsidiary Tartous International Container Terminal jsc (TICT), has announced the pull-out of its business in the Syrian Arab Republic due to the civil war...

Mindanao Container Terminal volume down slightly

Mindanao Container Terminal volume down slightly

Nov. 27 | Container throughput at Mindanao Container Terminal (MCT) located in Misamis Oriental, Mindanao Philippines dipped 0.17% in the first 10 months of the year to 179,068 twenty-foot equivalent units (TEUs) from 179,383 TEUs year-on-year. But against the...

ICTSI’s Jan-Sept income inches up 4%

ICTSI’s Jan-Sept income inches up 4%

Nov. 13 | ICTSI flagship, the Manila International Container Terminal Publicly listed Philippine port operator International Container Terminal Services, Inc (ICTSI) posted a 4% increase in net income in the first three quarters of the year to $105.8 million from...

ICTSI names engineers

ICTSI names engineers

Apr. 11 | Nathan Clarke Roger Yee International Container Terminal Services, Inc (ICTSI) recently announced the appointments of Nathan Clarke and Roger Yee as civil engineering managers for ICTSI’s ports worldwide. Clarke joined Manila-based ICTSI in 2008 as...

ICTSI Georgia unit, Arkas Line ink terminal services agreement

ICTSI Georgia unit, Arkas Line ink terminal services agreement

Mar. 19 | Temuri Babilodze (left), Arkas Line Georgia LLC General Manager, shakes hands with Capt. Jan Nowak, Batumi International Container Terminal LLC General Manager, after signing a terminal services agreement. Batumi International Container Terminal LLC (BICTL)...

Higher cargo-handling fees loom at Manila ports

Higher cargo-handling fees loom at Manila ports

Mar. 19 | Manila International Container Terminal, operated by International Container Terminal Services, Inc PORT operators International Container Terminal Services, Inc (ICTSI) and Asian Terminals, Inc (ATI) have filed a petition with the Philippine Ports Authority...

Construction contract for MICT Berth 6 extended

Construction contract for MICT Berth 6 extended

Mar. 16 | Philippine-based International Container Terminal Services, Inc (ICTSI) has extended up to end of the year the contract of joint venture partners Hanjin Heavy Industries Construction and EEI Corp to develop Berth 6 of Manila International Container Terminal...

ICTSI books 33% jump in 2011 income

ICTSI books 33% jump in 2011 income

Mar. 14 | Manila International Container Terminal, ICTSI's flagship terminal Philippine-based publicly listed company International Container Terminal Services, Inc (ICTSI) posted a 33% increase in 2011 net income to $130.6 million due to higher revenues, lower...