Tag: ICTSI

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ICTSI’s Tecon Suape wins Ocean Friend seal

Corporate Bulletins Context.ph Context.ph -
Tecon Suape S.A. (TSSA), the Pernambuco-based container terminal of International Container Terminal Services, Inc. (ICTSI), has reinforced its green credentials after earning the 2025 Ocean Friend seal, one of Brazil’s key recognitions for environmental responsibility in port operations.

ICTSI gets 2058 extension for Subic, plans USD130M investment

Transport & Logistics Context.ph Context.ph -
Subic Bay International Terminals Corp. (SBITC) and ICTSI Subic Inc. (ISI), both subsidiaries of International Container Terminal Services Inc. (ICTSI), have secured extensions of their operating concessions from the Subic Bay Metropolitan Authority (SBMA).

ICTSI expands footprint in Brazil

Corporate Context.ph Context.ph -
International Container Terminal Services, Inc. (ICTSI), through its wholly owned subsidiary ICTSI Americas B.V., has acquired a 47 percent stake in FII Inhaúma (Inhauma Fundo de Investmento Imobiliario—FII), securing strategic real estate for its long-term expansion plans in Brazil.

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

Corporate Context.ph Context.ph -
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

Corporate Context.ph Context.ph -
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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Philippine exports extend rally as risks mount

Trade & Investments 0
The Department of Trade and Industry (DTI) is stepping up support for exporters while keeping a close watch on global developments that could disrupt trade and logistics, as Philippine exports continue their growth streak.

Home price growth slows to near six-year low in 4Q 2025

Economy 0
Residential property prices in the Philippines continued to rise in the fourth quarter of 2025, but at a slower pace, indicating a cooling housing market, according to data from the Bangko Sentral ng Pilipinas (BSP).

APECO, InfiniVAN pact targets data center hub

Communications & Technology 0
The Aurora Pacific Economic Zone and Freeport Authority (APECO) has signed a memorandum of understanding with InfiniVAN Inc. to accelerate digital infrastructure development, a move officials say could position the ecozone as a competitive destination for data center investments.

Cebu Pacific rolls out discounted seats despite higher airline costs

Transport & Logistics 0
Cebu Pacific has launched another round of its Super Seat Fest, offering up to 750,000 discounted seats as airlines face rising costs across the industry.

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