International Container Terminal Services
International Container Terminal Services, Inc. is a global port management company headquartered in Manila, Philippines. Established in 1916, ICTSI is the Philippines' largest multinational and transnational company, having established operations in both developed and emerging market economies in Asia Pacific, the Americas, and Europe, the Middle East and Africa. The company is ranked the eighth largest container terminal operator, according to TEU equity volume.
It was the First Philippine Independent Port Operator to provide Marine Cargo Handling through Various shipping companies around the globe. Beginning in December 24, 1987 It was rebranded as International Container Terminal Services Inc. and was formed by the Soriano Group and the Razon Group along with Sea-Land Services to bid for the privatization of The Manila International Container Terminal in line with the Cory Aquino Administration.
Beginning In May 1988, the Philippine Ports Authority awarded the MICT contract to ICTSI, which started its operations of MICT on June 12, 1988. In March 1992, ICTSI's shares were listed on the Manila and Makati Stock Exchanges following the initial public offering of its shares. In September 1992, ICTSI was ranked alongside San Miguel Corp. and PLDT as one of the best managed companies in the Philippines based on an international survey conducted by the Hong Kong magazine Asia Money & Finance.
ICTSI is an international operator of common user container terminals serving the global container shipping industry. Its business is the acquisition, development, operation and management of container terminals focusing on facilities with total annual throughputs ranging from 50,000 to 3,000,000 twenty-foot equivalent units. It also handles break bulk cargoes and provides a number of ancillary services such as storage, container packing and unpacking, inspection, weighing, and services for refrigerated containers or reefers.
ICTSI is an independent port operator with no vested interests in shipping line activity.
Asia Pacific
Manila International Container Terminal, Manila, PhilippinesIn 1988, ICTSI won in an international tender a 25+25-year concession to manage, operate and develop the Manila International Container Terminal, ICTSI's flagship operation and the Philippines’ leading international trading gateway. ICTSI's responsibilities include: port management, operations and administration, port development and construction including port planning and programming supply of all equipment, and investment risk.
The MICT is one of the three terminals in the Port of Manila, the core of the Philippine port system. The MICT is located between the North and the South Harbors, protruding westward into the Manila Bay at the mouth of the Pasig River, the city's major waterway. A dedicated container terminal, the MICT mainly handles international containerized cargo. ICTSI also handles bulk cargo at the MICT basin anchorage.
The MICT today is the Philippines' largest international container terminal in terms of volume and capacity, capturing an estimated 65 percent market share in the Port of Manila.
NorthPort, Manila, Philippines
In September 2017, ICTSI signed a Share Purchase Agreement with Petron Corporation for the acquisition of 34.83% of the total issued and outstanding shares of Manila North Harbour Port, Inc.. The Company in 2019 further acquired 15.17% of MNHPI from Harbor Center Port Terminal Inc., increasing ICTSI's stake to 50%. MNHPI holds the 25-year concession contract with the Philippine Ports Authority for the development, management, operation and maintenance of Manila North Harbor, the country's premiere domestic port.
Manila Multipurpose Terminal, Manila, Philippines
Strategically situated in the Philippines’ premier gateway, the Port of Manila, MHCPSI helps support the country’s continually thriving export and import trade in bulk and breakbulk cargoes. Apart from the specific demands of handling vital infrastructure materials, the terminal also meets the precise handling and storage requirements of important cargoes such as soy bean meal and milling wheat, which serve the nation’s livestock and food production needs.
Offering operational efficiencies and multi-port synergy within the Port of Manila system: ready to capably serve the Philippines’ growing international bulk and breakbulk trade.
Subic Bay International Terminal, Subic Bay Freeport, Olongapo
In 2007, under the Subic Port Development Project, the Subic Bay Metropolitan Authority awarded ICTSI subsidiary Subic Bay International Terminal Corp. the concession for the New Container Terminal 1, with commercial operations commencing in 2008. In 2011, under the Subic Port Project's second phase, SBMA awarded ICTSI Subic, Inc. the concession to operate NCT 2. Increasing volumes at the Subic Bay Freeport enabled ICTSI to streamline and interface the operations of NCT 1 and 2. The merged operations are ready to serve an improving local economy in Central and Northern Luzon regions, along with its continued support to facilitate the box market of Metro Manila.
Laguna Gateway Inland Container Terminal, Calamba, Philippines
In March 2015, ICTSI formed Laguna Gateway Inland Container Terminal, a one-stop inland container terminal located in Calamba City, Laguna. LGICT is 60%-owned by IW Cargo Handlers, Inc., a wholly owned subsidiary of the company, and 40% owned by Nippon Container Terminals Co. Ltd., Transnational Diversified Corporation and NYK Fil-Japan Shipping Corp. The country's first dry port, LGICT primarily operates as an extension of the seaport operations of the Manila International Container Terminal and is intended to function as a regional logistics hub, supporting operations of exporters and importers in the Laguna, Batangas and Quezon economic zones.
Cavite Gateway Terminal, Tanza, Philippines
In 2018, ICTSI, in partnership with the Philippine Department of Transportation, launched Cavite Gateway Terminal, the country's first and only container barge terminal in Tanza, Cavite. CGT will facilitate off-the-roads seaborn transport of containers between Port of Manila and Cavite and service industrial locators in Cavite area.
Bauan International Port, Batangas, Philippines
ICTSI formed a wholly owned subsidiary, Bauan International Ports, Inc. to develop a 20-hectare multi-purpose, multi-user 20-hectare terminal situated along the protected waters of Batangas Bay in Bauan, Batangas. The Bauan International Port primarily handles ro-ro, project, and containerized cargo. Break bulk and other general cargo are also handled at the terminal.
Visayas 'Container Terminal, Iloilo City, Philippines
On April 15, 2024, ICTSI took over the operation and development of the Iloilo Commercial Port Complex at the Port of Iloilo under a 25-year concession agreement with the Philippine government, following the approval of the Philippine Ports Authority. As part of the agreement, the terminal was renamed from the Iloilo Commercial Port Complex to the Visayas Container Terminal. ICTSI's focus is on rehabilitating the terminal facilities and introducing modern cargo-handling equipment to enhance operations in Central Philippines, capitalizing on its strategic location at the center of the Visayas region.
Makar Wharf, General Santos City, Philippines
In August 1999, ICTSI acquired shares of South Cotabato Integrated Port Services, Inc., a stevedoring and cargo service provider at the Makar Wharf in General Santos City, Philippines. In July 2008, ICTSI further purchased shares and now owns 51 percent of SCIPSI. Makar Wharf is a general purpose terminal handling domestic and international containerized, general, and ro-ro cargo, as well as domestic passenger traffic.
Mindanao Container Terminal, Tagoloan, Philippines
In April 2008, the Phividec Industrial Authority awarded ICTSI the concession to operate and manage the Mindanao Container Terminal located at Phividec Industrial Estate in Tagoloan, Misamis Oriental. MCT has a 24-hectare terminal area for infrastructures, equipment and support facilities and handles containerized and non-containerized cargo.
Yantai International Container Terminals, Shandong, China
In July 2014, ICTSI took over the operations and management of Yantai International Container Terminals, Ltd., a Sino-foreign joint-venture port enterprise between ICTSI, Yantai Port Co., Ltd. and DP World PLC. With road and rail networks linking Shandong province, YICT operates berths handling foreign cargo in the Port of Yantai in the People's Republic of China.
Victoria International Container Terminal, Melbourne, Australia
In May 2014, ICTSI signed a 26-year contract for the design, construction and operations of the Terminal and Empty Container Park at Webb Dock East, Port of Melbourne. A fully automated container terminal, VICT is purpose-built to accommodate the larger vessels now being deployed in East Coast Australia container shipping trade lanes.
South Pacific International Container Terminal, Lae, Papua New Guinea
In September 2017, ICTSI signed a 25-year terminal operations agreement with state-owned PNG Ports Corporation Limited for the Port of Lae in Papua New Guinea. SPICT's contract specifically covers the port operations and facilities at the South Pacific International Container Terminal.
Motukea International Terminal, Port Moresby, Papua New Guinea
In September 2017, ICTSI signed a 25-year terminal operations agreement with PNG state-owned PNG Ports Corp. Limited for the Port of Motukea. MITL's contract specifically covers the port operations and facilities at the Motukea International Terminal.
Tanjung Priok Jakarta, Indonesia
PT PBM Olah Jasa Andal started their commercial operations in 2002, where ICTSI signed a 15-year Cooperation Agreement for Containers Stevedoring Services at the Port of Tanjung Priok, Berths 300-303, located in Tanjung Priok and Koja, sub-districts of North Jakarta. The berths provide the highest stevedoring and cargo-handling operations in Indonesia's largest seaport.
East Java Multipurpose Terminal' ''Lamongan Regency, Indonesia''
In August 2022, ICTSI signed a 37-year concession with Indonesia Ministry of Transportation for PT East Java Development. EJMT is in an 80-hectare Shorebase Lamongan complex that consist of four large berths that will expand into a 300m quayline infrastructure. EJMT is on its track record to serving the international oil and gas sector, and will also be supporting development projects on manufacturing raw to processed goods; food and frozen products; steel and other commodities growing in Lamongan.