
ICTSI’s Net Income Triples in 2016
Manila-based container terminal operator International Container Terminal Services, Inc. (ICTSI) has seen its net income attributable to equity holders surge to USD 180 million in 2016 from USD 58.5 million earned in 2015, representing a jump of 207 perce
Alphaliner: Volumes Improve in Far East-Europe, Transpacific Lanes
Container volumes on the headhaul Far East-Europe and Far East-North America tradelanes recorded a mild recovery in 2016, Alphaliner informed citing the latest statistics from CTS and PIERS.
PSA International Handles More Containers
Singapore-headquartered port operator PSA International saw an increase of 5.5% in volumes as a total of 67.63 million TEUs of containers were handled at its port projects around the world for the year ending December 31, 2016.
Expanded Waterway Pushes Panama Canal’s Tonnage Up
The Panama Canal has handled 330.7 million tons of goods in fiscal year 2016, the third highest amount ever recorded, contributed by strong container traffic, newly introduced segments and the expanded canal.
Expanded Waterway Pushes Panama Canal’s Tonnage Up
The Panama Canal has handled 330.7 million tons of goods in fiscal year 2016, the third highest amount ever recorded, contributed by strong container traffic, newly introduced segments and the expanded canal.