Throughput grew 8% to 2.7 million TEUs  Revenues increased 16% to USD435.6 million EBITDA 25% higher to USD264.8 million  Enrique K. Razon Jr., ICTSI chairman and president, said: “ICTSI has delivered strong operating performance in the first quarter of 2021, with volume, revenue and earnings risi…
Contecon Guayaquil S.A. (CGSA), International Container Terminal Services, Inc.’s subsidiary in Ecuador, welcomes the creation of a special economic zone at the country’s main seaport as an immense opportunity to boost the country’s foreign trade.  On 20 April, the port operator, together with nati…
The Port of Melbourne (PoM) and Victoria International Container Terminal (VICT) welcome the container vessel Soroe Maersk, the longest vessel to call at the port. Maersk deployed the Soroe Maersk to Sydney and Melbourne to load empty containers that need to be repositioned back to Asia where there…
TecPlata, International Container Terminal Services, Inc.’s Argentinian subsidiary, recently welcomed a new service that links the ports in Paraguay to the Port of La Plata, and from there, to the main ports in Brazil.   The service, which made its first stopover in TecPlata on 9 March, is jointly…
Throughput increased 0.2% to 10.2 million TEUs Revenues grew 2% to US$1.5 billion  EBITDA 6% higher at US$876.8 million Enrique K. Razon, Jr., ICTSI Chairman and President said: “ICTSI has delivered a positive performance in very challenging circumstances and it highlights not only the significa…
SBITC’s strategic location and connectivity to Central Luzon and the greater Manila area offer the livestock and feed milling industries more flexibility and efficiency.    Subic Bay International Terminal Corp. (SBITC), due to its world-class quality of service and strategic location, has been…
Basra Gateway Terminal (BGT) continues to raise the standard for terminal operations in Iraq by setting a new productivity record of 105 moves per hour – the highest ship-to-shore crane productivity in the country.    The new record, achieved in 26 January during the handling of the 5,652-TEU Ever U…
Contecon Guayaquil (CGSA) at the Port of Guayaquil in Ecuador recently handled the world’s first carbon neutral-certified container shipment, employing a logistics process involving environment-friendly supply chain players, from the exporter to the port and distributor.   The milestone operation wa…
Sociedad Puerto Industrial de Aguadulce (Puerto Aguadulce), a joint venture between International Container Terminal Services, Inc. (ICTSI) and PSA International Pte Ltd that operates the Aguadulce Multiuser Container Terminal at the Port of Buenaventura in Colombia, is off to a positive start for t…
International Container Terminal Services, Inc. (ICTSI) has completed a berth expansion project at its flagship, Manila International Container Terminal (MICT), that effectively raises the MICT’s annual capacity to over 3.3 million TEUs.   The project included a number of crucial works, foremost of…