Overview
International
Container Terminal Services, Inc. (ICT) was incorporated on December 24, 1987
in connection with the public bidding to operate, manage and develop the
Manila International Container Terminal (MICT), which handles international
container cargo at the Port of Manila. In May 1988, the Philippine Ports
Authority (PPA) awarded to ICTSI a concession to be the exclusive operator of
MICT for a period of 25 years and extended again till May 18, 2038. ICTSI is
an international operator of common user container terminals serving the
global container shipping industry. Currently, the Group is involved in 28
terminal concessions and port development projects in 18 countries worldwide.
The projects in DR Congo and Colombia started initial operations in the third
quarter and fourth quarter of 2016, respectively. Phase 1 of the project in
Australia is expected to commence commercial operations in the second quarter
of 2017. Construction of the port in accordance with the sub-concession
agreement in Nigeria is currently in the planning stage. In 2016, the Group
handled consolidated throughput of 8,689,363 TEUs.
The
Group provides different services in each of the port operated based on the
nature of business and industry of the country of operations and the general
needs of customers including shipping lines, cargo owners and port users. The
Group also provides a number of ancillary services such as storage, container
stripping and stuffing, inspection, etc.
The
percentage contributions of foreign operation in 2016 are 60.5% of Gross
revenues and 31.6% of Net income.
Business
Revenue
contribution in 2016 (in US dollars)
Asia
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EMEA
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Americas
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581,404,186
|
159,567,398
|
387,423,367
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51.52%
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14.14%
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34.33%
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Subsidiaries /
Associates / Affiliates / Joint Ventures
There
are a lot of subsidiaries/JVs worldwide but I will just list ports here.
Asia
o Manila - Manila International Container
Terminal, Port of Manila, Philippines (MICT)
o Zambales - New Container Terminal1 and 2,
Subic Bay Freeport Zone(SBITC/ICTSI Subic)
o Batangas - Bauan Terminal, Bauan,
Philippines (BIPI)
o Laguna - Laguna Gateway Inland Container
Terminal, Calamba City, Laguna, Philippines(LGICT)
o Davao - Sasa Wharf, Port of Davao
(DIPSSCOR) and Hijo International Port, Davao del Norte(HIPS)
o General Santos - Makar Wharf, Port of
General Santos, Philippines (SCIPSI)
o Misamis Oriental - Phividec Industrial
Estate, Tagaloan, Philippines (MICTSI)
o Indonesia - Makassar Port Container
Terminal, Makassar, South Sulawesi, Indonesia (MTS)
and Port of Tanjung Priok, Jakarta,
Indonesia (OJA)
o China - Yantai International Container
Terminal, Port of Yantai, Shandong Province, China (YICT)
o Pakistan - Port of Karachi, Karachi,
Pakistan (PICT)
o
Australia - Webb Dock Container Terminal and ECP, Port of Melbourne,
Australia (VICT)
Europe, Middle East
and Africa (EMEA)
o Poland - Baltic Container Terminal,
Gdynia, Poland (BCT)
o Georgia - Port of Batumi, Batumi, Georgia
(BICTL)
o Croatia - Brajdica Container Terminal,
Rijeka, Croatia (AGCT)
o Madagascar - Port of Toamasina,
Toamasina, Madagascar (MICTSL)
o Nigeria - Deep Water Port, Ibeju-Lekki,
Lagos State, Federal Republic of Nigeria (LICTSLE)
o DR Congo - Matadi Gateway Terminal,
Mbengu, Matadi, Democratic Republic of Congo (IDRC)
o Iraq - Port of Umm Qasr, Iraq (ICTSI
Iraq)
Americas
o Brazil - Suape Container Terminal, Suape,
Brazil (TSSA)
o Ecuador - Port of Guayaquil, Guayaquil,
Ecuador (CGSA)
o Argentina - Port of La Plata, Buenos
Aires Province, Argentina (TECPLATA)
o Mexico - Port of Manzanillo, Manzanillo,
Mexico (CMSA) and Port of Tuxpan, Mexico(TMT)
o Colombia - Port of Buenaventura,
Buenaventura, Colombia (SPIA)
o Honduras - Puerto Cortés, Republic of
Honduras (OPC)
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