ICTSI posts volume growth in first quarter
Filipino operator International Container Terminal Services, Inc. (ICTSI) posted steady operational and financial results in the first quarter of 2018, with throughput reaching 2.33m teu.
This year-on-year volume growth of 2% was attributed to improvements in emerging markets such as ICTSI Iraq and ICTSI Democratic Republic of Congo.
The new Victoria International Container Terminal (VICT) and South Pacific International Container Terminal, situated in Australia and Papua New Guinea respectively, were also credited for the increase.
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