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Int'l Container Terminal Services, Inc.
...PNG project update

ICTSI unit begins operations in Papua New Guinea

A UNIT of global port operator International Container Terminal services, Inc. (ICTSI) has started operations in Papua New Guinea (PNG) after obtaining the go-signal from the government.

In a statement on Wednesday, the company said ICTSI South Pacific International Container Terminal (SPICT) will kick off the transition by rolling out the terminal’s new operating system Navis N4 — a first of its kind in PNG and the global standard for container terminal planning and operations management.

The system is expected to streamline the flow of information at Lae’s international container terminal and increase seaside and landside productivity levels.

“We anticipate further benefits from delivering (mobile harbor cranes or MHCs) to the site and look forward to seeing a continuous improvement in operations at SPICT from the deployment of the (terminal operating system) to achieving the first MHC move in the near term,” ICTSI Head of Asia Pacific Christian R. Gonzalez was quoted in the statement as saying.

ICTSI expects that a full and stable suite of modules will be operational and ready in time for the arrival of SPICT’s MHCs in April that will further boost productivity levels at Lae and deliver vessel handling capabilities previously unattained in PNG.

ICTSI South Pacific’s investment in IT systems and infrastructure is expected to surpass 3 million Kina (P47.5 million) this year.

SPICT signed a 25-year terminal operations agreement with state-owned PNG Ports Corp. Limited last July. The ICTSI unit will handle the deployment of cranes and other equipment at Port of Lae, the largest container handling facility in Papua New Guinea.


source: http://bworldonline.com/ictsi-unit-begin...ew-guinea/
NO TRADING TUESDAY AUGUST 21, 2018
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ICTSI to complete expansion of Iraq terminal by Q3 2019

International Container Terminal Services, Inc. (ICTSI) is expects the expansion of its terminal in Iraq to be completed by the third quarter of 2019.

The Razon-led port operator said in a statement the Basra Gateway Terminal (BGT) Phase 2 expansion will cost around $250 million.

“On completion of the current second phase expansion scheme, ICTSI will have invested in excess of $250 million, the lion’s share of which is for a new berth, yard construction, and state-of-the-art handling equipment,” ICTSI said.

The Phase 2 expansion will deliver 400 meters of new quay with a draft of 14 meters, together with a new 30-hectare yard area and a 15-hectare secure parking area.

“Underlining BGT’s ongoing commitment to maintaining high service levels, the latest round of development also includes the acquisition of a cutter suction dredger with the dual objective of ensuring strict adherence to the construction schedule and maintaining draft alongside the terminal’s new and existing births,” the company added.

The second phase development was triggered by strong demand, ICTSI said.

Last year, BGT, an ICTSI subsidiary, completed the first phase of its terminal greenfield project, which includes the construction of a new 250-meter berth and a 15-hectare yard area.

The subsidiary also undertook the development of quay and yard areas configured for the safe and efficient handling of oil and gas project cargo.

“Our commitment to helping Iraq develop international standard port infrastructure continues to expand,” said Hans-Ole Madsen, ICTSI senior vice president and regional head of Europe, Middle East, and Africa.

“We invested for the long term in fixed infrastructure since day one. We continue to receive strong and most encouraging assistance from the General Company for Ports in Iraq and other government bodies in this respect. We are confident that we can continue to build on this productive partnership to the benefit of port users and the country as a whole,” added Mr. Madsen. 


source: http://bworldonline.com/ictsi-complete-e...l-q3-2019/
NO TRADING TUESDAY AUGUST 21, 2018
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Nakaabang ako dito sa 78
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Inadjust ko abang ko sa 81.95
Kaso ang layo na nia
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Parang ang lakas ng ICT, inde na ata ako makakabili sa 81.95
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(06-05-2018, 09:48 AM)gnod21 Wrote: Parang ang lakas ng ICT, inde na ata ako makakabili sa 81.95

...dong thanks for updating/posting in the threads ha? I will join you soon Tongue  medyo may mga inaasikaso pa kasi ako
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Thanks comm

Nakaabang na to sell un ICT ko sa 100pesos, hahaha aabot kaya dun. Para kasing aabot
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Nasa 87 na ICT konti na lang 100 na
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Ang lakas, parang pa oblong un sa chart eh
Parang gusto ko na magbenta pero parang ayaw ko pa
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Lilipad na eto

MICT operations get a boost with new cranes
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