Global port operator International Container Terminal Services Inc. (ICTSI) registered a 50 percent increase in net income to $294.5 million in the first half this year from $196.7 million in the same period 2021 primarily due to higher operating income, higher net foreign exchange gain, increase...
The International Container Terminal Services, Inc. (ICTSI) has evolved from a successful port privatization case to the world's 8th top global terminal operator (GTO) with a portfolio in six continents. Independent maritime research and consulting firm Drewry ranked ICTSI 8th among GTOs in its...
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...
Batumi International Container Terminal (BICT), International Container Terminal Services, Inc.’s (ICTSI) business unit in Georgia, recently welcomed ADY Container LLC’s newly launched multimodal feeder service. The rail-sea service connects Asia to Europe via the Trans-Caspian International...
TecPlata S.A., International Container Terminal Services Inc.’s (ICTSI) business unit in Argentina, is expanding its service in three continents via an agreement with Vessel S.A., one of Uruguay’s major feeder operators, for a new weekly service between the La Plata Port and the Port of...
TecPlata, International Container Terminal Services Inc. (ICTSI)'s subsidiary in Buenos Aires, is investing over $101.6 million to expand its capacity to 1.5 million twenty-foot equivalent Units (TEUs) and modernize Argentina’s port system, the company announced Thursday, June 9. However, this is...
International Container Terminal Services, Inc. (ICTSI) invested more than P900 million (USD20 million) in information technology (IT) for its flagship Manila International Container Terminal (MICT) over the last 10 years. “The hefty investments in technology are meant to crisis-proof the...
ICTSI: 2021 was our best year By EMMIE V. ABADILLA International Container Terminal Services, Inc. (ICTSI) "had its best year ever in 2021" despite the global pandemic raging on in its second year, with cases surging at different times and lockdowns being imposed in one region or another, Chairman...
Chanelle Avaricio (ICTSI Images) CAVINTI, Laguna -- Chanelle Avaricio surged ahead despite a 74, pouncing on Marvi Monsalve's frontside meltdown and Chihiro Ikeda's backside stumble to move closer to completing a back-to-back title romp on the Ladies Philippine Golf Tour. Not even a three-bogey,...
Joenard Rates (ICTSI Images) CAVINTI, Laguna -- Joenard Rates stayed hot in sun and rain then sun again and endured the blustery conditions to match his opening solid 68 and catch an equally steady Zaniebiy Gialon halfway through the ICTSI Caliraya Springs Championship here on Wednesday....
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...