Int'l Container Terminal Services, Inc.

...gawin mo na yan Razon! Tongue

ICTSI offers to develop 2 Iloilo ports

INTERNATIONAL Container Terminal Services, Inc. (ICTSI) said it submitted to the government an unsolicited proposal to develop the Iloilo Port Complex and the Port of Dumangas in Iloilo.

In a statement on Monday, the listed port operator said it sent a letter of intent to the Philippine Ports Authority (PPA) to modernize, operate and maintain the two ports in the Visayas.

“ICTSI hopes to arrive at an agreement with the PPA that will be compliant with PPA rules and regulations and applicable laws. ICTSI also intends to bring to the Iloilo ports its know-how in managing ports honed from its 30 years of experience across the 30 ports that it operates worldwide,” it said.

The Razon-led company is investing more than P5 billion for the project, which will cover the dredging and deepening of the Iloilo Port Complex. It said the first phase, which includes the addition of new port equipment such as a modern quayside handling tool, is expected to reach P1.35 billion.

“ICTSI believes that the ports’ development will not only improve efficiency but will, more importantly, evolve the ports into becoming the Philippines’ Visayas hub that will improve connectivity for cargo movement within the country. Our vision is to ultimately turn these two ports into international gateways,” ICTSI global corporate head Christian R. Gonzalez said in the statement.

The company noted it is including the Port of Dumangas in its proposal to prepare it for the spill over of ships to be handled in the city port.

“We truly believe in the growth potential of the Visayas in general and of Iloilo in particular. That growth is anchored on the building of infrastructure and the delivery of basic utilities and services,” ICTSI Chairman Enrique K. Razon, Jr. was quoted as saying in a statement.

Earlier, a subsidiary of Mr. Razon’s other business Monte Oro Resources and Energy, Inc. (MORE) also sought congressional franchise to operate as a power distribution company in Iloilo City.



ICTSI concession is South America’s 1st carbon-neutral port

INTERNATIONAL Container Terminal Services, Inc. (ICTSI) said its concession in Ecuador is first port to obtain a carbon-neutral certification in South America.

In a statement on Thursday, ICTSI said Contecon Guayaquil SA (CGSA) received the carbon-neutral certification from environmental ratings firm Sambito SA and the Ecuador Ministry of Environment for complying with International Organization for Standardization (ISO) 14064-1.

ISO 14064-1 refers to an organization’s quantification and reporting of greenhouse gas emissions and removals.

“This carbon neutral certification awarded to Contecon Guayaquil is a testament of our firm and unbreakable commitment to preserve the environment in our own way. This certification highlights, above all, a conviction and responsibility to guarantee eco-friendly and sustainable operations with less contaminating to the environment,” CGSA chief executive officer Jose Antonio Contreras was quoted as saying.

In 2007, ICTSI was awarded a 20-year operating concession for container and multipurpose terminals in Guayaquil, Ecuador. The contract was signed by ICTSI’s local unit CGSA and the port authority of Guayaquil.

CGSA said it has a designated team that monitors and forms mechanisms to reduce its industrial emissions at the Port of Guayaquil.

“Beyond port efficiency, the ICTSI Group has been making substantial investments to ensure an environmental-friendly supply chain, with the long-term vision of being able to secure appropriate certifications for all ports — regardless of location, project age, or stage of development,” ICTSI Senior Vice-President and Regional Head of the Americas Anders Kjeldsen said in the statement.

In the Philippines, ICTSI operates the Manila International Container Terminal, New Container Terminals 1 and 2 in Subic Bay and Cavite Gateway Terminal. It also operates terminals in several markets in Asia Pacific, Africa, Americas, Europe and Middle East.

In the nine months ending September 2018, ICTSI reported a 2.66% hike in its attributable net income at $153.29 million, driven by a 10% growth in revenues from port operations reaching $1 billion. 



ICTSI wins 20-year concession for Sudan terminal

INTERNATIONAL Container Terminal Services Inc (ICTSI) signed a 20-year concession agreement with Sea Ports Corp. of Sudan (SPC) to operate, manage and develop the South Port Container Terminal (SPCT) at Port Sudan.

In a disclosure on Friday, ICTSI said that it will assume the operations and development of SPC’s container terminal infrastructure and terminal handling equipment. SPC, on the other and, will become the supervising authority and landlord of the terminal.

According to ICTSI, the transfer of control will begin this quarter.

SPC an independent state corporation in charge of the country’s ports, harbors and lighthouses.

ICTSI signed the agreement through its wholly-owned subsidiary ICSTI Middle East DMCC.

SPCT, on the Red Sea, is a 180-hectare facility with a 1,200-meter quay wall, with water depths of up to 16 meters, allowing it to receive the largest container vessels.

SPCT has eight8 Ship-to-Shore Gantry Cranes and more than 20 rubber-tired-gantry cranes, with a capacity of more than one million 20-foot equivalent units (TEUs).

In 2017, SPCT reported a throughput of 470,000 TEU.

ICTSI reported a 18.67% rise in net profit in the third quarter to $62.92 million.



ICTSI gets 1st 4 orders of rubber-tired gantries

THE flagship facility of International Container Terminal Services Inc. (ICTSI) in Manila has received the first four of its 16 orders of eco-friendly hybrid rubber-tired gantries (RTG), which will help bolster the capacity of the port in the capital.

Once fully commissioned, the hybrid RTGs are expected to further boost Manila International Container Terminal’s (MICT) yard productivity, and allow it to fully match demand in terms of operational performance, ICTSI Global Corporate Head Christian R. Gonzalez said.

“As we continuously drive economic growth in our home operations, ICTSI will always be at the forefront of innovation with ports equipment and adaptive technology that ensures increasing productivity while reducing carbon footprint,” he said.  The equipment are manufactured by Mitsui Engineering and Shipbuilding Co. Ltd. (MES) of Japan. They are reached equipped with a 200-kVA Li-ion battery and a smaller diesel engine that will reduce the port’s carbon emissions by 40 percent, while also cutting noise levels at the container yard. It will also help improve fuel economy by up to 60 percent.

Aside from these, Gonzales added the company is set to receive two super post-Panamax quay cranes and 12 more hybrid RTGs before the end of the first half of 2019.

Capacity improvements, he said, are also under way at the Manila flagship, among which includes the first phase construction of Berths 7 and 8, and back-up areas for the future Berths 9 and 10.

ICTSI also operates other ports in the Philippines, including those in Laguna, Subic, Batangas, and Cotabato. Aside from these, it also operates terminals in developed and emerging market economies in the Asia Pacific, the Americas, Europe, Middle East and Africa.


-- kaya pala patuloy ang paglipad mo, hanggang saan kaya eto? to da moon din ba eto?

Razon’s ICTSI expands terminal at Port of Batumi
5 consecutive net foreign buying
nabasag na pala un 119 high nun Nov 27, 2014. Tataas pa kaya eto?

Forum Jump:

Users browsing this thread: 1 Guest(s)