Saturday, June 3, 2023
  • Advertise With Us
Container Management
  • Home / News
  • Archive
  • About Us
    • About Container Management
    • The Team
    • Privacy Policy
  • Free Weekly Newsletter
  • Subscribe
    • Container Management Subscriptions
    • Request a Free Copy of Container Management
    • World Top Container Ports & Map
  • Advertising
  • Contact Us
  • Login
  • Register
No Result
View All Result

No products in the cart.

Container Management
Home News

ICTSI chalks up 17% revenue increase

March 10, 2014
in News
0 0
ICTSI chalks up 17% revenue increase

Manila was among seven ICTSI operations accounting for 78% of volume

Share on FacebookShare on Twitter

International Container Terminal Services, Inc. (ICTSI) posted US$852.4m in revenue from port operations for the financial year ended December 31, 2013, a 17% increase on the same period in 2012.   Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) were US$377.3m, 23% higher than previous year.

The increase was mainly due to volume growth, higher storage revenues and ancillary services, tariff rate increases in certain key terminals, and full year contribution of the operations in Karachi, Pakistan and Jakarta, Indonesia, along with the inclusion of the new terminals in Manzanillo, Mexico and Puerto Cortes, Honduras.  Excluding revenues from the newly acquired terminals and the effect of the cessation of the operations in Tartous, Syria, organic revenue growth was 7%.

In [consolidated] volume terms, the Group saw throughput rise by 12% to a total of 6,309,840 teu (5,628,021 teu – 2012).   Its seven key operations in Manila, Brazil, Poland, Madagascar, China, Ecuador and Pakistan accounted for 78% of the 2013 volume and 84% of the Group’s consolidated revenues.

You need a free subscription to read the entire article.

Login if you have already subscribed.

Subscribe

Subscribe for FREE and gain access to all our content.
More than 5000+ articles.

Subscribe Now
Previous Post

AAPA encouraged and disappointed over US port funding

Next Post

CH2M HILL to supervise Gdansk DCT expansion

Related Posts

News

Port of Barcelona launches tender for connection between Energy and Adossat wharves

June 3, 2023
Shipping losses fall to lowest levels this century although incident numbers high
News

Allianz: Shipping losses hit record low but fire risks pose challenges

June 2, 2023
Sri Lanka Ports Authority appoints its youngest managing director in its history
News

Sri Lanka Ports Authority appoints its youngest managing director in its history

June 2, 2023
Kalmar introduces collision warning system for manually operated straddle carriers
News

Kalmar introduces collision warning system for manually operated straddle carriers

June 1, 2023
Hutchison Ports targets net zero at UK terminals by 2035
News

Hutchison Ports targets net zero at UK terminals by 2035

June 1, 2023
ICTSI Manila begins construction of an eighth berth
News

ICTSI Manila begins construction of an eighth berth

May 31, 2023
Next Post

CH2M HILL to supervise Gdansk DCT expansion

Other News

Port of Barcelona launches tender for connection between Energy and Adossat wharves

June 3, 2023
Shipping losses fall to lowest levels this century although incident numbers high

Allianz: Shipping losses hit record low but fire risks pose challenges

June 2, 2023
Sri Lanka Ports Authority appoints its youngest managing director in its history

Sri Lanka Ports Authority appoints its youngest managing director in its history

June 2, 2023
Kalmar introduces collision warning system for manually operated straddle carriers

Kalmar introduces collision warning system for manually operated straddle carriers

June 1, 2023
Hutchison Ports targets net zero at UK terminals by 2035

Hutchison Ports targets net zero at UK terminals by 2035

June 1, 2023
ICTSI Manila begins construction of an eighth berth

ICTSI Manila begins construction of an eighth berth

May 31, 2023

BROWSE BY TOPICS

2014 APM Terminals business China CMA CGM container containers container terminal DP World dredging Drewry elementum Europe expansion government Hamburg Hamburg Süd ICTSI ilwu India infrastructure intermodal investment Kalmar Konecranes Long Beach Los Angeles Maersk Manila Navis news Port ports privatisation Russia ship shipping strike terminal throughput UASC United States US USA West Coast

Search Container Management

No Result
View All Result

Twitter Feed

Container Management

Container Management (cm) has been published for more than 30 years serving the port, terminal, intermodal and container handling equipment industries worldwide.

Follow us:

Latest News

Port of Barcelona launches tender for connection between Energy and Adossat wharves

June 3, 2023
Shipping losses fall to lowest levels this century although incident numbers high

Allianz: Shipping losses hit record low but fire risks pose challenges

June 2, 2023
Sri Lanka Ports Authority appoints its youngest managing director in its history

Sri Lanka Ports Authority appoints its youngest managing director in its history

June 2, 2023

Twitter

Newsletter Sign Up

  • About Us
  • Advertise
  • Contact Us

© 2022 Container Management - Website Design by WillcoxMedia.

No Result
View All Result
  • Home / News
  • Archive
  • About Us
    • About Container Management
    • The Team
    • Privacy Policy
  • Free Weekly Newsletter
  • Subscribe
    • Container Management Subscriptions
    • Request a Free Copy of Container Management
    • World Top Container Ports & Map
  • Advertising
  • Contact Us

© 2022 Container Management - Website Design by WillcoxMedia.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
sponsored
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?