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Tag Archives: ICTSI

ICTSI hikes container-handling capacity of Manila, Subic ports

MANILA – International Container Terminal Services Inc (ICTSI) has beefed up its operations in Manila and Subic in a bid to serve the growing volume of containers coming in and out of Luzon. In a statement on Friday, ICTSI said it deployed four units of mobile container handling equipment at Manila International Container Terminal (MICT) and New Container Terminals 1 ... Read More »

Port of Melbourne’s complete ownership handed over to Philippines’ ICTSI

MANILA: ICTSI, which is the Philippines’ biggest private port operator has become the sole owner of the company that runs the container terminals in Melbourne, Australia. In a disclosure to the Philippine Stock Exchange, International Container Terminal Services Inc (ICTSI) said a share sale agreement between ICTSI Far East Pte Ltd and Anglo Ports Pty Ltd takes effect today. The ... Read More »

ICTSI invests $35 million on Manila Terminal extension

PHILIPPINES:  “On completion, the entire area of Phase 1 will store 6,500 20-foot equivalent units [TEU],” ICTSI said. The full development, estimated to be completed in 20 months, will add 500,000 TEUs of yard capacity to the MICT. The new yard is part of ICTSI’s $35-million (P1.6-billion) expansion project for the MICT aimed at immediately addressing growing volumes at the ... Read More »