Good results for Philippines ports in 2014
NewsData from the Philippine Ports Authority (PPA) shows its main ports processed more than 211Mt of cargo last year, an increase of 5%....
ICTSI improves box tracking
NewsICTSI has rolled out version 4.0 of its Track and Trace system at its flagship Manila International Container Terminal....
Evergreen teams up with Cheng Lie for new China/Philippines link
NewsTwo Taiwanese-domiciled ocean carriers, Evergreen Line and Cheng Lie Navigation have started a new service between China and the Philippines...
ICTSI throughput up 17% to end of 09/2014
NewsThroughput increased by 17% to 5.4M TEU in the first nine months of this year, with revenues up 25% to US$779.2M and EBITDA increasing 14% t...
Manila on the fast-track
NewsICTSI is fast-tracking new yard facilities in Manila, but rejects any notion a lack of capacity is responsible for the port’s chronic cong...
ICTSI grows through acquisition
NewsNew terminals push the port operator’s consolidated volume up 18% to 3.56M TEU in first half of 2014....
ICTSI posts 29% income increase in 1Q/2014
NewsIncome increased 29% to US$52.4M, with volume up 17% to 1.8M TEU, revenues up 19% to US$248.9M and EBITDA up 6% to US$103.6M...
ICTSI reports 22% increase in net income
NewsNet income for the first nine months of the year increased by 22% to US$128M...
Famous Pacific starts domestic ocean services
NewsFamous Pacific Forwarding Philippines Inc, a member of the FPS network of independent forwarders and NVOCCs, has launched two-way domestic o...
ICTSI reports traffic slowdown
NewsRevenue from port operations was 5% higher at US$179.7M during the quarter, and is up by 7% for the first nine months of the year to US$524....
Equipment majors report new business
NewsThree leading container handling equimpent suppliers have reported some new contracts for 2012 and 2013 delivery...
Batumi to get new customs clearing facility
NewsICTSI Georgia says the new US$2M project should be completed in May 2012...
Megaports system commissioned in Manila
NewsThe governments of the Philippines and the United States have formally inaugurated the upgrade of radiation detection equipment at both cont...
DIPSSCOR ups reefer capacity
NewsICTSI subsidiary Davao Integrated Port Services & Stevedoring Corp (DIPSSCOR), which operates the Sasa Wharf at the Port of Davao in the Phi...