RCL’s M/V PIRA BHUM during its maiden call at MCT on December 19, 2020. Mindanao Container Terminal (MCT) just launched a Regional Container Line (RCL) South Philippines 6 (RSP6) service linking Visayas and Mindanao to Asia and the Middle East via Singapore in a "product super highway." Launched...
Despite the challenges of the global pandemic, International Container Terminal Services, Inc. (ICTSI)'s Adriatic Gate Container Terminal (AGCT) in Rijeka, Croatia hit over 300,000 twenty-foot equivalent units (TEUs) on December 23, 2020, setting a new record annual terminal volume. The 300,000th...
ICTSI’s Pakistan International Container Terminal (PICT) recently welcomed the inaugural call of the newly launched Pakistan – United Arab Emirates (PS2) Service. The 1,794-TEU AS SICILIA at PICT during the maiden call of the PS2 service at the Port of Karachi. Jointly operated by Wan Hai Lines...
Kribi Multipurpose Terminal (KMT), the Cameroonian subsidiary of International Container Terminal Services, Inc. (ICTSI), has implemented the Logstar®Terminal Operating System (TOS). ICTSI said in a statement that this is part of the company’s efforts to deliver world-class service at the Port...
International Container Terminal Services, Inc. (ICTSI) raised P4.7 billion (US$97 million) from the sale of its treasury's 40 million common shares. The offering, which was well-received and oversubscribed by high quality foreign and local institutional investors, marked ICTSI’s first equity...
Diving deeper into digitalization, International Container Terminal Services, Inc. (ICTSI)-operated Baltic Container Terminal (BCT) in Gdynia, Poland joined the EU-backed COMODALCE project to take its intermodal rail operations to a higher level. “COMODALCE” originates from the European...
The Games and Amusements Board recently lauded the staging of the first of two tournaments marking the Philippine Golf Tour restart after an eight-month hiatus due to pandemic and endorsed the staging of more pro golf events in the coming year. In a report to GAB chair Abraham Mitra, the...
International Container Terminal Services, Inc. (ICTSI)'s Basra Gateway Terminal (BGT) in Um Qasr, Iraq, recently achieved a record berth turnaround with the 6,589-TEU vessel Yang Ming Mutuality. BGT recorded a total of 1,768 moves on the YM Mutuality in 17.5 hours, achieving a record-bteaking...
International Container Terminal Services, Inc. (ICTSI), is connecting its 31 terminals in 19 countries to the TradeLens Blockchain network to track its global cargoes faster. Connecting to Tradelens, a blockchain platform jointly developed by IBM and Maersk, allows all ICTSI terminals...
International Container Terminal Services, Inc. (ICTSI) reported just a slight dip in unaudited consolidated attributable net income to US$182.6 million in the first nine months of 2020 from the US$184.9 million earned in the same period last year. In a disclosure to the Philippine Stock Exchange,...
All eyes will be on the outcome of the US elections this week while third quarter earnings and lingering concern over COVID-19 will provide cues at the local front. Traders work beneath an electronic ticker at the trading floor of the Philippine Stock Exchange in Bonifacio Global City...
International Container Terminal Services, Inc. (ICTSI) continues its push for environmentally sustainable technology in its operations with the recent delivery of eight new hybrid rubber-tired gantries (RTG) for its flagship Manila International Container Terminal (MICT). Photo shows one of the...
