With China’s slowing economy casting shadows across the global maritime and trade sector, news this week of multiple investments in African port and supply chain infrastructure points to one place where industry leaders are clearly turning for growth opportunities.
International Container Terminal Services
23 Nov 2015
The government of Greece has again extended the bidding process for the sale of the port in Piraeus — the country’s largest — this time at the request of the potential purchasers.
03 Nov 2015
International Container Terminal Services of the Philippines said revenue from port operations fell 11 percent year-over-year to $239.9 million in the quarter ending Sept. 30, despite volume growth of 1.9 percent to 1.9 million 20-foot-equivalent units.
31 Jul 2015
Five firms, three joint ventures and two single companies, are aiming to win a concession to modernize Davao Sasa, a major gateway for Philippines exports, particularly bananas.
29 May 2015
International Container Terminal Services Inc. has agreed to pay $54.5 million to acquire Mexican port operator Terminal Maritima de Tuxpan.
04 May 2015
Greece is expected to launch the long delayed privatization of the port of Piraeus, a top 10 European container hub, this week as its leftist government reluctantly undertakes reforms demanded by its international creditors.
02 May 2015
$1.1 billion terminal operator ICTSI sold its stake in a Japanese container terminal on Okinawa to focus on other global port operations.
15 Mar 2015
The International Longshore and Warehouse Union local in Portland, Oregon, was ordered to pay $60,000 in damage
05 Mar 2015
International Container Terminal Services, Inc. (ICTSI) reported a 6 percent growth in net profit in 2014, driven by solid revenue increases in its international expansion.