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    Tag: ICTSI

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    ICTSI reports surge in 2024 net income on strong operations, one-off gains

    International Container Terminal Services, Inc. (ICTSI), the Razon-led global port operator, reported a robust 66 percent increase in net income for 2024, reaching USD849.80 million, compared to USD511.53 million in 2023.

    ICTSI ends Indonesia port subsidiary operations

    International Container Terminal Services Inc., the world’s largest independent port operator, said Tuesday it mutually agreed with PT Pelabuhan Indonesia IV, or Pelindo IV, not to extend a 2006 contract for the operation of a port in South Suluwesi.

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    Globe, NCS seal APAC tech push

    Globe Telecom Inc. has completed its joint venture with Singapore-based technology services firm NCS Pte. Ltd., strengthening its push to scale advanced ICT capabilities across the Asia-Pacific region.

    ICTSI takes helm at Durban terminal

    International Container Terminal Services Inc. (ICTSI), the global ports operator led by billionaire Enrique Razon Jr., has initiated formal management integration at Durban Container Terminal Pier 2 (DCT2), a major step in one of South Africa’s most significant port partnerships.

    Vivant locks 15-year Siquijor power deal

    Vivant Energy, the power arm of Cebu-based conglomerate Vivant Corp., has secured a 15-year Power Supply Agreement to deliver a dependable new electricity source for Siquijor as the island’s energy demand accelerates.

    Clark manufacturers compete to hire laid-off garments workers

    Following the closure of Charter Link Clark, Inc., nearly 500 garment workers in the Clark Freeport Zone are finding new opportunities as rival manufacturers step in to fill the gap.

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