Tag: ICTSI

Subic Bay lures clients to become Philippines’ major container port

Subic port

The Subic Bay Metropolitan Authority (SBMA) promotes the Port of Subic to become Philippines’ major container facility, informs Subic Bay International Terminal Corporation, the operator of Subic container port and an affiliate of Philippines-based global port operator ICTSI. On this move, the SBMA has initiated a #GoSubicBay open window access for container port-related businesses and […]

Kalmar and Navis make VICT in Melbourne fully automated

Kalmar and Navis, both companies are part of the Finnish Cargotec Corp., have announced today the delivery of the first OneTerminal automation solution to ICTSI’s Victoria International Container Terminal (VICT) at the Port of Melbourne, Australia. Kalmar OneTerminal provides an integrated automation solution, delivered by one team, bringing together Kalmar and Navis software systems, equipment […]

ICTSI posts 23% growth in net income in Q1 2017

ICTSI Manila International Container Terminal

Philippines-based port operator International Container Terminal Services, Inc. (ICTSI), has announced today the unaudited consolidated financial results for the quarter ended March 31, 2017, posting a 23% increase in net income: USD 51.7 mln against USD 42.2 mln earned in the first quarter last year. According to the report, the operator’s consolidated throughput grew by 11% […]

ICTSI to develop first Philippine Ro-Ro terminal

Cavite Gateway Terminal launch

Philippines-based port operator International Container Terminal Services, Inc. (ICTSI), in partnership with the Philippine Department of Transportation have inaugurated the development of the country´s first container Ro-Ro barge terminal in Tanza, in the province of Cavite, reported ICTSI last Friday. Cavite Gateway Terminal (CGT) will be developed in line with the government’s national transport plan […]

ICTSI to bid for Thessaloniki

Philippines-based terminal operator International Container Terminal Services Inc. (ICTSI) confirmed yesterday its intention to bid for a majority stake in Greece’s Thessaloniki port, writes today BusinessWorld Online. “I can confirm we are participating in the process,” Manila business newspaper quotes Christian R. Gonzalez, ICTSI Senior Vice-President and Regional Head of Asia Pacific. ICTSI budgeted a USD 240-mln […]

ICTSI terminates lease in Portland

Philippine terminal operator International Container Terminal Services Inc. (ICTSI) has announced that its subsidiary ICTSI Oregon Inc. and the Port of Portland, USA, have mutually agreed to end the 25-year lease agreement to operate the container facility at Terminal 6 as from 31 March 2017, reports The Philippine Star. Following approval by the US Port […]

ICTSI completes Victoria Container Terminal in Melbourne

Victoria International Container Terminal (VICT) recently celebrated the completion of its terminal in Webb Dock in Melbourne, Australia ahead of schedule, announces today’s press release of Philippine’s port operator International Container Terminal Services, Inc. (ICTSI). “This is an achievement that everyone who have helped build the terminal and invested in the success of the State […]