International Container Terminal Services Inc. (ICTSI)

Sudan, ICTSI unveil mega deal for South Port’s epxansion

The Sudanese government will make 2.13 billion euros ($2.44 billion) over a 20 year period from a deal with Philippine port operator International Container Terminal Services Inc (ICTSI) to expand port capacity, a government official said.

The deal aims to more than triple capacity at Port Sudan’s South Port Container Terminal, Ali Ahmed Abdelrahim, head of a technical committee in charge of contracting the project, told reporters on Wednesday.

The 20-year contract will see ICTSI operate, manage...

https://container-news.com/sudan-ictsi-unveils-mega-deal-south-port-expansion/

Expansion project to upgrade Batumi Terminal

February, 2019: International Container Terminal Services Inc. (ICTSI) formally inaugurated the expansion of its Batumi International Container Terminal (BICT) in Georgia.

The expansion encompasses both the waterside and landside areas of the multipurpose terminal, intended to optimize the processing of existing cargo flows and install additional capacity to accommodate new business.

Marking the importance of the occasion, the inauguration was attended by Giorgi Kobulia, Georgian Minister of...

http://container-news.com/expansion-project-upgrade-batumi-terminal/

ICTSI earns best corporate bond award

International Container Terminal Services, Inc. (ICTSI) has won The Asset’s Triple A Country Awards 2018 Best Corporate Bond – Philippines for the company’s USD400 million fixed-for-life perpetual securities issued in January last year. 

ICTSI is the first ASEAN issuer to offer equity-accounted fixed-for-life senior perpetual securities in the international debt capital market.

Rafael Consing Jr., ICTSI senior vice president and chief financial officer, described the deal as “part of the...

http://container-news.com/ictsi-earns-best-corporate-bond-award/

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