Philippines
ICTSI commences formal takeover of Durban Container Terminal Pier 2
DCT2 handles nearly half of all South African port traffic.
ICTSI commences formal takeover of Durban Container Terminal Pier 2
DCT2 handles nearly half of all South African port traffic.
PH sovereign wealth fund acquires minority stake in Asian Terminals
Sovereign stewardship guides the MIC investment in strategic port asset.
ICTSI invests $172m to expand Rio Brasil Terminal
Investment strengthens Southeast, Midwest regions’ logistics hub status.
ATI announces voluntary delisting from Philippine Stock Exchange
Company’s delisting aims to boost logistics and supply chain flexibility
Chelsea Logistics swings to profit in 9M
Various business units, such as freight, chartering, and logistics, drove revenue expansion.
ICTSI net income rises 19% in 9M
This was driven by higher operating income, partly offset by income from a legal settlement at ICTSI Oregon in 2024.
ICTSI units bag 25-year concession extension for Subic terminals
One of the companies will invest over $130m for the improvements.
ICTSI’s net profit jumps 15% in H1
Revenues increased 14% during the period.
MOL, MAAP, and MAGSAYSAY launch dynamic positioning training centre in PH
The first training course will commence next month.
DP World and ATI deploy first fleet of electric transfer vehicles in PH
The whole fleet will be decarbonised in five years.
ATI and DP World to invest $60m in Port of Batangas expansion
The project will boost capacity for cargo, car carriers, and passenger traffic.
PH’s Port of Amandayehan resumes full operations
Six vessels are operating 24/7.
PH starts drilling at Malampaya Phase 4
This was marked by the arrival of a seventh-generation drillship.
HD Hyundai launches first coast guard ship for PH
The 2,400-ton ship will be delivered to Manila next year.
Chelsea Logistics’ revenue up 18% in Q1
Thanks to growth in freight operations and passenger demand.
DP World and Asian Terminals invest $100m to expand Manila South Harbour
The investment will cover berth and yard expansion.
Aboitiz completes construction of Lagonglong Port project in PH
It can handle up to 3.3 million metric tons of bulk cargo annually