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International Container Terminal Services, Inc.

Company Description
International Container Terminal Services, Inc. (ICT) was incorporated on December 24, 1987 to operate, manage and develop the Manila International Container Terminal (MICT), which handles international container cargo at the Port of Manila. In May 1988, the Philippine Ports Authority awarded to ICT a concession to be the exclusive operator of MICT for a period of 25 years. ICT started operating MICT on June 12, 1988. ICT’s concession contract for MICT was extended for another 25 years up to May 18, 2038.

The principal business of ICT is the operation, management, development and acquisition of container terminals. The primary mechanism for the operation of these terminals is long-term concession agreements with local port authorities and governments through ICT and its subsidiaries. ICT and its subsidiaries also provide ancillary services such as storage, container stripping and stuffing, inspection, weighing and services for refrigerated containers or reefers, as well as roll-on/roll-off and anchorage services to non-containerized cargoes or general cargoes on a limited basis.

Currently, the ICT group is involved in 31 terminal concessions and port development projects in 18 countries worldwide. These are 28 operating terminals, including the recent acquisition of shares in Manila North Harbour Port, Inc. and an inland container terminal in the Philippines, two in Indonesia and one each in China, Ecuador, Brazil, Poland, Georgia, Madagascar, Croatia, Pakistan, Mexico, Honduras, Iraq, Argentina, Colombia, DR Congo, Australia and, recently, Lae in Papua New Guinea; a concession to construct and operate a port in Tuxpan, Mexico; a project to construct a barge terminal in Cavite, Philippines; and a recent agreement to operate an international port in Motukea, Papua New Guinea.

Source: The Company (2018)
Security Information
Sector Services
Subsector Transportation Services
Corporate Life 50
Incorporation Date Dec 24, 1987
Number of Directors 7
Stockholders' Meeting as per By-Laws April - third Thursday at 10 am except holidays
Fiscal Year 12/31 (Month/Day)
External Auditor SyCip, Gorres, Velayo & Company
Transfer Agent Stock Transfer Service, Inc.
Contact Information
Business Address 3/F ICTSI Administration Building, MICT South Access Road, Manila 1012
E-mail Address
Telephone Number 245-4101; 245-2255
Fax Number 247-8035