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ICT FY23 net income down 17% to US $511-M
International Container Terminal Services, the multi-national port operator owned by Enrique Razon, posted FY23 net income of $511 million, which was down 17% from FY22’s $618 million due to a “non-recurring and non-cash impairment of goodwill” related to ICT’s acquisition of Pakistan International Container Terminal, and to various other increases in expenses and liabilities......»»
CPA issue: Cebu City to file cases for alleged violations, multiple illegal constructions
CEBU CITY, Philippines – The Office of the Building Official (OBO) in Cebu City has taken legal action against the Cebu Port Authority (CPA) for the alleged multiple violations related to unauthorized construction activities within the port area. This action comes after CPA persisted in building multiple buildings in the port area without the necessary.....»»
Rama stops CPA port project due to permit issues
CEBU CITY, Philippines – Cebu City Mayor Michael Rama ordered City Hall officials to stop the construction of a port at the back of the National Museum after the Cebu Port Authority (CPA) failed to secure a building permit. The mayor even slammed the CPA for the lack of “decency” and “courtesy” due to the.....»»
Misamis Oriental port seen to support higher food production goals — DA
The construction of a new port in Misamis Oriental is expected to support the government’s goal of increasing food production, as it is anticipated to enhance the trade capacity of the Mindanao region, according to the Department of Agriculture......»»
4 Filipinos among crew members of container ship seized by Iranian authorities
4 Filipinos among crew members of container ship seized by Iranian authorities.....»»
PPA readies P1.5 billion for Leyte, Bohol port projects
The Philippine Ports Authoritywill spend more than P1.5 billion to construct a new port in Leyte and expand an existing one in Bohol to boost trade activities in Visayas......»»
IN PHOTOS: Balik Cebu 2024
Summary: The Balik Cebu 2024 event, hosted at the Terraces, Ayala Center Cebu, has been a prominent part of the Sinulog festival for 22 years. In collaboration with the Cebu City Government, Mactan International Airport Association, and other tourism stakeholders, it aims to welcome back balikbayans (returning Filipinos) for the grand Sinulog festival. The Balik Cebu Dinner Show offers balikbayans the complete Sinulog experience, featuring Filipino cuisine, performances by Cebuano artists, the Sinulog Mardi Gras, the presentation of Miss Cebu winners and her court, Tribu Basakanaon, and a band performance. Tickets priced at P500 can be purchased at the Balik Cebu Turista Desk by presenting a passport or proof of residence outside the Philippines. Balikbayans can also buy up to three additional tickets for non-balikbayans accompanying them. The event will take place at Ayala Center Cebu on January 18 at 6 PM. (SPONSORED CONTENT).....»»
Juvenile sharks seen frolicking in shores of Santander, Cebu
CONSOLACION, Cebu – Juvenile sharks were seen frolicking off the shores of Santander town in the southernmost tip of Cebu on Tuesday, February 13. Cris Ungab Oniong captured on video the juvenile sharks seemingly playing on the shallow portions of the town’s shore when he visited Santander. The video showed the sharks swimming along the.....»»
'SerbisyoBandera: Bagong port sa Batangas naghahanap ng ‘skilled’ workers
BAGONG bukas na negosyo? Nako, automatic niyan ay naghahanap sila ng mga empleyado. Katulad na lamang ng bagong terminal and shipment port na itinayo sa Brgy. San Juan sa Mabini, Batangas – ang Mabini Batangas Premier Terminal Inc. (MBPTI). Ayon sa presidente ng MBTI na si Dondon Portugal, marami ang pwedeng maging trabaho sa kanilang.....»»
Cebu City Hall accuses CPA of privatizing port access road
Cebu City Hall accuses CPA of privatizing port access road.....»»
How Will The link To The Port feature of BRT Affect The Project?
How Will The link To The Port feature of BRT Affect The Project?.....»»
How Will The link To The Port feature of BRT Affect The Project?
How Will The link To The Port feature of BRT Affect The Project?.....»»
Indian Coast Guard ship docks at Manila port amid tensions in South China Sea
Manila [Philippines], March 26 (ANI): Amid tensions in the South China Sea, the Indian Coast Guard ship, Samudra Paheredar docked at the Manila Bay in the Philippines as part of a broader initiative aimed at demonstrating ICG Marine Pollution Response capabilities, the Ministry of Defence (MoD) said in an official release on Tuesday. The ICG ship which arrived at the port on Monday, is on an overseas deployment to ASEAN c.....»»
Barmm opens Pasalubong Center at Jolo Port
Barmm opens Pasalubong Center at Jolo Port.....»»
Madridejos eyes building own port
Madridejos eyes building own port.....»»
ICTSI on expansion mode; raises capex to $450 million
International Terminal Services Container Inc. has raised its capital expenditures to $450 million this year to pursue new expansion projects......»»
CPA issue: Rama requests PBBM to intervene
CEBU CITY, Philippines – Cebu City Mayor Michael Rama has asked President Ferdinand Marcos Jr. to step in in his ongoing row with the Cebu Port Authority or CPA. In a report from Cebu City News and Information on April 4, Rama mentioned that the National Historical Commission of the Philippines (NHCP) and the National.....»»
Cebu City files complaint vs CPA with DENR
CEBU CITY, Philippines – The Cebu City Environmental and Natural Resources Office (CCENRO) has filed a complaint against the Cebu Port Authority (CPA) with the Department of Environment and Natural Resources (DENR) for violating environmental laws. Reymarr Hijara, CCENRO head, along with City Legal Officer (CLO) Carlo Vincente Gimena and advocates Eleodoro Diaz and Manuel.....»»
Pasil fish traders upset over Gwen’s wet goods transport policy
CEBU CITY, Philippines- Several fish traders at the Pasil Fish Port are complaining regarding a new policy of the Cebu Provincial Government which prohibits the entry of vehicles transporting wet goods from unsanitary conditions within the territorial jurisdiction of the province of Cebu. The policy, outlined in Executive Order (EO) No. 2 issued by Governor.....»»
Marcos hails ICTSI subsidiary ‘success story’
President Marcos yesterday led the launch of the expansion of the Australia subsidiary of the Manila-based International Container Terminal Services Inc., calling the development a “Philippine success story” and harbinger of a “more dynamic and fruitful collaboration” between Manila and Canberra......»»