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...
ILOILO CITY – The city government has lost millions in revenue from the operation of the Iloilo-Guimaras Ferry Terminal, a joint project with a property developer in a 1.3-hectare land it owns. THE Iloilo-Guimaras Ferry Terminal (IGFT). (Tara Yap) Data from the Iloilo City...
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...
New NAIA Infrastructure Corp. (NNIC), operator of the Ninoy Aquino International Airport (NAIA), is looking to ramp up the establishment of a new terminal to serve and accommodate a projected spike in the number of passengers to 50.2 million annually. At a news briefing over the weekend, NNIC...
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,...
Senator Raffy Tulfo told the Land Transportation Office (LTO) and the Land Transportation Franchising Regulatory Board (LTFRB) to give only one week to all Metro Manila bus terminals to fix their violations for strict compliance. (Office of Senator Raffy Tulfo photo) He said this following a...
A new transportation hub, set to rival the scale of the Parañaque Integrated Terminal Exchange (PITX), is in the works in Quezon City, the Government Service Insurance System (GSIS) announced. In a statement, the pension fund said on Monday, Oct. 21, that four government agencies have joined...
Ayala Land strengthens its leadership in building connected and sustainable communities with the development of the Arca South transport terminal, an integral part of its master-planned estate in Taguig. Encompassing two hectares and set for completion by the fourth quarter of 2025, the transport...
TecPlata S. A., a subsidiary of Razon-led International Container Terminal Services Inc., achieved a new milestone with its handling of the first carbon-neutral container in Argentina. In a statement, ICTSI said the latest achievement marks a significant step forward in the company’s...
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...
All CebGo flights leaving and landing at the Ninoy Aquino International Airport (NAIA) will be transferred to Terminal 2 from Terminal 4 effective November 7, 2024, its operator Cebu Pacific announced on Friday, Oct. 11. The flight reassignment will include all CebGo flights between Manila and...
Razon-led International Container Terminal Services Inc. (ICTSI) has acquired a 27-hectare property to expand its berth terminal in Bauan, Batangas. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the property it bought is in Barangay San Roque and San Andres I, Municipality...
