SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Jan 31, 2018

2. SEC Identification Number

147212

3. BIR Tax Identification No.

000-323-228

4. Exact name of issuer as specified in its charter

International Container Terminal Services, Inc

5. Province, country or other jurisdiction of incorporation

Metro Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

ICTSI Administration Building, Manila International Container Terminal (MICT) South Access Road, Port Area, Manila Postal Code 1012

8. Issuer's telephone number, including area code

+(632) 245 4101

9. Former name or former address, if changed since last report

Not Applicable

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Stock Outstanding	2,034,195,466

11. Indicate the item numbers reported herein

9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

International Container Terminal Services, Inc.ICT

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
ICTSI Papua New Guinea subsidiary starts operation
Background/Description of the Disclosure
South Pacific International Container Terminal Limited (SPICTL), a subsidiary of global operator International Container Terminal Services, Inc. (ICTSI), will commence operations at the Lae Tidal Basin (LTB) in Lae, Papua New Guinea on February 1, 2018. SPICTL recently received the go ahead to begin operations from the PNG Government. SPICTL will begin the transition by immediately rolling out the terminal’s new operating system, Navis N4. The system, a first of its kind in PNG and the global standard for container terminal planning and operations management, is expected to quickly streamline the flow of information at Lae’s international container terminal and significantly increase seaside and landside productivity levels.
Other Relevant Information
Last year, ICTSI signed a 25-year terminal operations agreement with state-owned PNG Ports Corp. Limited (PNGPCL), for the Port of Lae – the largest container handling facility in PNG. ICTSI is set to expand the port’s facilities and improve its capabilities as part of the efforts to position Lae as a gateway to the South Pacific region. The project is closely aligned with PNG’s projected economic and trade growth.