International Container Terminal Services Inc. (ICTSI) formally inaugurates two new berths which for the first time offer the port of Umm Qasr, Iraq’s main dry cargo port, the ability to handle container vessels of up to 14,000TEU. The inauguration ceremony marked both the opening for business of…

Contecon Guayaquil S.A. (CGSA), the Ecuadorian subsidiary of International Container Terminal Services, Inc. (ICTSI), recently obtained the ISO 14064-3:2006 international certification for carbon neutrality,after a rigorous verification and audit process carried out  by TÜV Rheinland. The certific…

Throughput grew 6% to 7.6 million TEUs Revenues increased 10% to US$1,107.3 million EBITDA 14% higher at US$624.3 million Enrique K. Razon, Jr., Chairman and President of ICTSI said: “ICTSI has continued to deliver strong financial performance driven by organic volume growth, diligent cost manage…

Matadi Gateway Terminal (MGT), the Congolese unit of International Container Terminal Services, Inc. (ICTSI), was recently cited as the best investment project in the infrastructure sector in the Democratic Republic of the Congo. MGT was awarded with the Prix de Reconnaissance aux Investisseurs (In…

The Philippine Ports Authority has recently deemed complete the proposal of International Container Terminal Services, Inc. (ICTSI) to develop Iloilo ports. ICTSI received from PPA a letter of acceptance for completeness in accordance with the Revised Guidelines and Procedures for Entering into Jo…

Adriatic Gate Container Terminal (AGCT), the Croatian subsidiary of International Container Terminal Services, Inc. (ICTSI) at the Port of Rijeka, recently welcomed the new Rijeka Land Sea Express, a weekly vessel and intermodal service linking Rijeka to Central European countries. Led by COSCO Shi…

International Container Terminal Services, Inc. (ICTSI), through its Papua New Guinea (PNG) unit, ICTSI South Pacific Ltd., and its corporate citizenship arm, the ICTSI Foundation Inc., recently inaugurated a new police station in the Omili suburb in Lae.   The PGK505,000 (US$149,000) facility, th…

International Container Terminal Services, Inc. (ICTSI) has, together with its local partners, initiated the second phase expansion of its Matadi Gateway Terminal (MGT), located 92 miles upstream on the left bank of the Congo River, Democratic Republic of the Congo (DRC). The Phase 2 expansion will…

Sociedad Puerto Industrial de Aguadulce (SPIA) sets a new operational milestone at the Port of Buenaventura after servicing the 14,436-TEU vessel MSC Faith, the largest ship ever to dock in Colombia. With a length of overall of 366 meters, the MSC Faith makes its maiden call in South America at Pue…

Buenaventura, Colombia.   A new event confirms Buenaventura as a strategic port city for Colombia and its foreign trade.  Coming from Asia, the large-scale vessel, APL Esplanade, recently arrived at Puerto Aguadulce with a capacity of 13,892 twenty foot equivalent units (TEUs).  After Colombia, its…