ICTSI's global operations continue to drive record-breaking growth, with net income surging 66 percent in 2024 Global port operator International Container Terminal Services Inc. (ICTSI) tallied an impressive growth momentum in 2024, growing its net income by 66 percent despite geopolitical...
Visayas Container Terminal (VCT), International Container Terminal Services, Inc.’s (ICTSI) operation at the Port of Iloilo, reported that it has welcomed the first gearless vessel to call in the Western Visayas Region. Operated by Regional Container Lines (RCL), the MV Otana Bhum made its...
Onne Multipurpose Terminal (OMT), International Container Terminal Services, Inc.’s (ICTSI) operation in Nigeria, has invested over $25 million (P1.5 billion) for two new mobile harbor cranes (MHC) and a container freight station (CFS). In a statement, ICTSI said these investments...
Razon-led International Container Terminal Services Inc. (ICTSI) is planning to invest $100 million to upgrade the Mindanao Container Terminal (MCT) after securing a 25-year extension to operate the port. In a disclosure on Friday, Dec. 20, ICTSI said that the funds will be used to enhance the...
Razon-led International Container Terminal Services, Inc. (ICTSI) reported a 31 percent increase in attributable net income in the first nine months of 2024 to $632.6 million from $484.5 million in the same period last year on the back of higher operating income. In a regulatory filing on Tuesday,...
Mindanao Container Terminal (MCT), the Cagayan de Oro port operation of International Container Terminal Services, Inc., received the inaugural call of MV Ever Core which links it to with key international markets in Hong Kong and Taiwan. The new bi-monthly service comes under a new joint...
International Container Terminal Services Inc.’s (ICTSI) Nigerian operation Onne Multipurpose Terminal (OMT) has handled KOTA CEMPAKA – the largest container vessel to conduct full operations in Eastern Nigeria. In a statement, ICTSI said the 300-meter, 6,660-TEU capacity ship operated by...
Davao Integrated Port and Stevedoring Services Corporation (DIPSSCOR), a subsidiary of International Container Terminal Services, Inc. (ICTSI), is wrapping up its operations at Davao City’s Sasa Wharf to give way to a new operator. In a disclosure to the Philippine Stock Exchange, ICTSI said it...
Six Philippine firms were included in the list of honored companies in Asia in Institutional Investor’s 2022 Asia (ex-Japan) Executive Team Survey. Based on the poll results published in the Institutional Investor website, the six local firms in the list are D&L Industries Inc., Century...
Rimini Street, Inc., a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products, and a Salesforce partner, today announced that International Container Terminal Services, Inc. (ICTSI), has switched to Rimini...
Razon-led International Container Terminal Services Inc. (ICTSI) registered a 73 percent growth in net income in the first nine-months of the year owing to improved domestic and international trade.
In a statement, Enrique K. Razon, Jr., ICTSI chairman and president said on Friday, Nov. 5,...
International Container Terminal Services, Inc. (ICTSI) was recognized as the Philippines' best transport company by financial magazine Asiamoney. ICTSI named Philippines’ best transport company by Asiamoney_900x600 ICTSI, the country's largest port operator was the most outstanding company under...
