Wednesday, 3 July 2024
3 days ago
PH’s largest maritime school eyes cadet program with shipping giant Zodiac
Zodiac Maritime Limited, one of the world's largest ship operators based in London, has committed to establishing a cadetship program at the University of Cebu–Maritime Education and Training Center.
4 Jun 2024
9:49AM
Razon’s ICTSI sees business picking up in Nigeria port
Onne Multipurpose Terminal (OMT) in Nigeria, managed by ICTSI, signals a strong outlook for trade by handling the largest container vessel in Eastern Nigeria, Kota Cempaka.
28 May 2024
5:00PM
SMIC-run 2Go banners P99 fares with 50-kg baggage allowance for PH sea travel
SM Investments Corp.-controlled shipping firm 2GO, one of the country’s largest transportation and logistics providers, announced on Tuesday a P99 fare promo, which comes with a 50-kg baggage allowance for travelers.
16 May 2024
8:21AM
Cerberus, Hyundai To Revive Subic Shipyard After PH’s Biggest Bankruptcy
US-based Cerberus Capital Management has entered into a multi-year agreement with HD Korea Shipbuilding and Offshore Engineering (HD Hyundai KSOE) to lease part of the Agila Subic Compass facility in Subic Bay, Zambales.
6 May 2024
1:33PM
International operations pushed up Razon’s ICTSI’s Q1 earnings by 36%
By: Miguel R. Camus
Tycoon Enrique Razon Jr’sInternational Container Terminal Services, Inc. (ICTSI) reported a robust increase in net income for the first quarter of 2024, rising 36 percent to $209.88 million, bolstered by an 11 percent increase in revenue from port operations, which reached $637.65 million.
18 Apr 2024
11:59AM
Enrique Razon Jr. optimistic about 2024, ICTSI thrives amid global tensions
By: Miguel R. Camus
Tycoon Enrique Razon Jr. brushed aside tensions between Manila and Beijing, saying their port operations in China remain unaffected and the company is optimistic about opportunities in 2024 as its stock price held on to near record highs.
17 Apr 2024
2:17PM
South Korea-backed Cebu port project to relaunch with increased budget—DOTr
By: Miguel R. Camus
The bidding for a new international container port in Cebu, backed by the South Korean government, will soon be relaunched by the Department of Transportation with a larger project cost.
15 Apr 2024
2:43PM
Razon’s International Container Terminal Services Inc. takes control of Iloilo Port
By: Miguel R. Camus
International Container Terminal Services Inc. (ICTSI) received the go-signal for its P10 billion take over operations of the Iloilo Commercial Port Complex.
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