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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 scans horizon for more acquisitions

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ICTSI

International Container Terminal Service Inc. (ICTSI), the country’s largest port operations company, remains on the lookout for port projects being privatized abroad, mainly in emerging economies, according to a top company official.

Posted: October 18th, 2013 in Latest Business Stories | Read More »

ICTSI bags 30-year Honduras deal

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Port operator International Container Terminal Services Inc. has bagged a deal to redevelop and manage a container and cargo terminal at Puerto Cortes in Honduras, Central America’s largest and most significant port.

Posted: February 4th, 2013 in Headlines | Read More »

ICTSI acquires substantial stake in Pakistan firm

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International Container Terminal Services Inc. has acquired a substantial stake in one of Pakistan’s largest cargo terminals as part of the group’s global expansion thrust.

Posted: October 20th, 2012 in Headlines | Read More »

ICTSI to invest $95M in Pakistan project

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Razon-led port operator International Container Terminal Services Inc. expects to invest about $95 million to acquire up to 55 percent of Pakistan International Container Terminal Ltd. (PICT), a container cargo terminal operator at Pakistan’s Karachi Port.

Posted: August 13th, 2012 in Headlines | Read More »

ICTSI bags deal to run major Nigeria terminal

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Port operator International Container Terminal Services Inc. has bagged a new contract to develop and run a major container terminal in Nigeria’s Lagos Free Trade Zone that is expected to be the largest terminal in sub-Saharan Africa once operational in 2016.

Posted: August 10th, 2012 in Headlines | Read More »

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