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International Container Terminal Services, Inc. (ICTSI) (PSE: ICT) is a global port management company headquartered in Manila, Philippines. Established in 1916, ICTSI is the Philippines' largest multinational and transnational company, having established operations in both developed and emerging market economies in Asia Pacific, the Americas, and Europe, the Middle East and Africa.
Razon tables the ICTSI Foundation, Inc., which oversees and implements the ICTSI Group's corporate social responsibility advocacies. He has been a long-time patron of Philippine golf in the country by way of the Philippine Golf Tour, backed by sports management company, Pilipinas Golf Tournaments Inc. (PGTI), where he is chairman.
Manila North Harbor (seaport code:MNN), [7] occupies a 53-hectare (130-acre) area in Tondo, Manila and is operated by the Manila North Harbour Port Inc., a subsidiary of International Container Terminal Services Inc. It has 7 piers (numbered with even numbers: 2, 4, 6, 8, 10, 12 and 14).
An owner-operator is a small business or microbusiness owner who also runs the day-to-day operations of the company. Owner-operators are found in many business models and franchising companies in many different industries like restaurant chains , health care , logistics , maintenance, repair, and operations .
The berths would be operated by Philippines-based International Container Terminal Services Inc for 28 years. [3] The terminal has an option to rise to 18 lakh (1.8 million) TEU capacity during the second phase of development. [4] Mobile equipment will include two reach stackers and one empty handler.
In March 2016, Operator Asian Terminals Inc. announce plans to invest ₱3.8 billion primarily to improve port operations in the Batangas port, as well as the Port of Manila. The plan involves increasing the capacity of the port which is projected to accommodate more domestic passengers and international container cargoes. [17]
January 29 – The Philippine Ports Authority awards International Container Terminal Services (ICTSI) with a 25-year contract to operate and develop the Iloilo Commercial Port Complex in Lapuz. [358] ICTSI begins operating the port, which is renamed the Visayas Container Terminal, on April 15. [359]
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