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ICTSI bags $508M deal to operate Aussie port

Model of the Webb Dock, where winning bidder ICTSI will operate Melbourne’s third international container terminal.  PORTOFMELBOURNE.COM

International Container Terminal Services Inc. (ICTSI), a global ports operator owned by Filipino billionaire Enrique Razon Jr., on Friday won a 26-year expansion and operations contract for the Port of Melbourne, the largest container terminal in Australia.

Posted: May 3rd, 2014 in Latest Business Stories | Read More »

ICTSI to operate Iraqi port

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A general view shows the Umm Qasr port in the southern Iraqi city of Basra on June 9, 2011. AFP PHOTO/AHMAD AL-RUBAYE

International Container Terminal Services Inc. (ICTSI), a global ports operator owned by Filipino billionaire Enrique Razon Jr., plans to invest an initial $130 million to modernize and expand a container port in Iraq.

Posted: April 11th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

ICTSI, partner to operate Colombia port

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International Container Terminal Services Inc., a listed ports operator owned by billionaire Enrique Razon Jr., is pursuing the development of a port in Colombia, South America, after finalizing a joint venture deal with its partner, PSA International Ltd.

Posted: September 19th, 2013 in Headlines | Read More »

ICTSI sells common shares, raises P8.2B for expansion

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International Container Terminal Services Inc. (ICTSI), a listed ports operator headed by businessman Enrique Razon Jr., completed late Tuesday an overnight share offer that raised P8.19 billion to partly fund its expansion plans.

Posted: May 16th, 2013 in Headlines | Read More »

ICTSI readies bond offer

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Port operator International Container Terminal Services Inc. (ICTSI) is set to raise $100 million through its second bond offering in a month as it prepares for more acquisitions this year.

Posted: January 28th, 2013 in Headlines | Read More »

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