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Posts tagged with "International Container Terminal Services Inc"

ICTSI Argentina handles imports for La Plata free zone

ICTSI Argentina handles imports for La Plata free zone

Sep. 11 | Multi-purpose terminal operated by TecPlata | Photo from ICTSI TecPlata SA, which operates a multipurpose terminal in Buenos Aires in Argentina, has begun handling import shipments bound for the Buenos Aires La Plata Free Zone (BAZFLP). TecPlata last...

Pakistan terminal welcomes India, Pakistan and Gulf service

Pakistan terminal welcomes India, Pakistan and Gulf service

Aug. 21 | MV Thorsky’s maiden call at Pakistan International Container Terminal | Photo from ICTSI Pakistan International Container Terminal (PICT) welcomed a new service—Far Shipping Gulf Service-1 (FGS-1)—with the recent maiden call of MV Thorsky. MV...

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...

ICTSI subsidiary inks contract to operate Cameroon port

ICTSI subsidiary inks contract to operate Cameroon port

Jul. 28 | Photo shows officers of the Port Autonome de Kribi listening to Hans-Ole Madsen, ICTSI senior vice president and regional head for Europe, Middle East and Africa, deliver his message. International Container Terminal Services, Inc. (ICTSI) subsidiary...

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...

MICT operations back to normal

MICT operations back to normal

Apr. 20 | Operational levels at the Manila International Container Terminal (MICT) have returned to normal with all incoming ships able to dock as scheduled with no waiting time, port operator International Container Terminal Services, Inc. (ICTSI) said in a statement. Overall...

Port congestion eases with Manila terminals’ yard utilization down to 75% from high of 98%

Port congestion eases with Manila terminals’ yard utilization down to 75% from high of 98%

Apr. 4 | Philippine Coast Guard personnel assisting in the transfer of overstaying containers from MICT. Shippers are starting to withdraw overstaying containers at Manila’s international container terminals, leading to a drop in yard utilization to 75% on April...

Cargoes overstaying beyond 30 days face abandonment under proposed order

Cargoes overstaying beyond 30 days face abandonment under proposed order

Apr. 2 | Manila International Container Terminal The government is drafting an order requiring all cargoes overstaying at the port for more than 30 days to be withdrawn within five days or face abandonment. The Department of Trade and Industry (DTI), Philippine...

PPA OKs transfer of overstaying containers to North Harbor to address MICT congestion

PPA OKs transfer of overstaying containers to North Harbor to address MICT congestion

Mar. 27 | Manila International Container Terminal To “urgently address port congestion” at the Manila International Container Port (MICT), the Philippine Ports Authority (PPA) has temporarily authorized Manila North Harbor as a designated port for the...