The ANL operated CMA CGM Ural with a nominal capacity of 10,622 TEU has broken another record at the Port of Melbourne with the highest TEU exchange in one call. On 22nd September the CMA CGM Ural berthed at Victoria International Container Terminal (VICT) and completed an exchange of 8094 TEU surpa…
Kribi Multipurpose Terminal (KMT), a Cameroonian subsidiary of International Container Terminal Services, Inc., has started commercial operations at the Multi-Purpose Terminal of the Port of Kribi in Cameroon, Central Africa. Located within the Port of Kribi, KMT is purposely built to handle multip…
TecPlata port terminal has begun receiving imports from the Far East with the first shipment from China through a new Far East service provided by Evergreen Marine Corporation. The import was carried by the company Di Gilio Hnos de Ensenada which comprised auto parts from Ningbo, China. On hand to…
Victoria International Container Terminal (VICT) in Melbourne, Australia has successfully lowered its power consumption and carbon emissions through the installation of LED lighting upgrades on all five automated quay cranes.   Led by VICT’s Engineering and Facilities team, the upgrade reduced overa…
TecPlata has begun handling import shipments bound for Buenos Aires La Plata Free Zone (BAZFLP), a promising development for the terminal. The shipment from Brazil were unloaded at TecPlata last month, and included a seismograph bound for the Vaca Muerta unconventional oil and gas field in Argentin…
With the recent maiden call of MV Thorsky, Pakistan International Container Terminal (PICT) welcomed another new service -- the FAR Shipping Gulf Service – 1 (FGS-1). MV Thorsky, a 2169-TEU vessel with 183 meters LOA, is deployed on the  FGS-1 with a voyage plan routing from PICT Karachi to Mundra,…
Throughput decreased 5% to 4.8 million TEUs   Revenues dropped 4% to US$724.3 million  EBITDA declined 2% to US$416.4 million Enrique K. Razon Jr., ICTSI Chairman and President said: “Our primary focus and central to our decision-making since the start of the COVID-19 outbreak has been, and remain…
International Container Terminal Services, Inc. (ICTSI) has signed the concession contract with the Port Autonome de Kribi (PAK) for the development, operation and maintenance of the Kribi Multipurpose Terminal (KMT) in Cameroon. With the signing of the contract, KMT, a subsidiary of ICTSI, is now…
Pakistan International Container Terminal Services (PICT) welcomed the newly launched UAE-Indian Subcontinent-Gulf service (UIG), which made its inaugural call at the Port of Karachi in July. The UIG feeder service, a joint initiative between Abu Dhabi Ports’ Safeen Feeders and Singapore-based Beng…
ICTSI successfully priced a new USD300,000,000 senior perpetual capital securities callable in May 2026, which garnered significant investor demand and effectively extended their debt maturity profile. In addition, ICTSI also embarked on a liability management exercise which further strengthened its…