International Container Terminal Services

International Container Terminal Services, Inc.
Company typePublic company (PSE: ICT)
IndustryPort operator
Founded1916 as (Compañía internacional de servicios de contenedores de Manila)


December 24, 1987 (as International Container Terminal Services Inc.)[1]
FounderEnrique Razon Sr.
HeadquartersPort of Manila, Manila, Philippines
Number of locations
32 terminals in 19 countries
Key people
Enrique K. Razon Jr. (Chairman and President)
Christian R. Gonzalez (Executive Vice President)
ServicesContainer port establishment
Port management
Cargo handling
Rail freight
Websiteictsi.com

International Container Terminal Services, Inc. (ICTSI) (PSE: ICT) is a global port management company headquartered in Manila, Philippines. Established in 1916, ICTSI is the Philippines' largest multinational and transnational company, having established operations in both developed and emerging market economies in Asia Pacific, the Americas, and Europe, the Middle East and Africa. The company is ranked the eighth largest container terminal operator, according to TEU equity volume.[2]

Organized and incorporated in 1916, It was First known as Compañía internacional de servicios de contenedores de Manila. It was the First Philippine Independent Port Operator to provide Marine Cargo Handling through Various shipping companies around the globe. Beginning in December 24, 1987 It was rebranded as International Container Terminal Services Inc. (ICTSI) and was formed by the Soriano Group and the Razon Group alongside with Sea-Land Services to bid for the privatization of The Manila International Container Terminal in line with the Cory Aquino Administration.[3]

Beginning In May 1988, the Philippine Ports Authority awarded the MICT contract to ICTSI, which started its operations of MICT on June 12, 1988.[4] In March 1992, ICTSI's shares were listed on the Manila and Makati Stock Exchanges (now the Philippine Stock Exchange) following the initial public offering of its shares. In September 1992, ICTSI was ranked alongside San Miguel Corp. and PLDT as one of the best managed companies in the Philippines based on an international survey conducted by the Hong Kong magazine Asia Money & Finance.[5]

ICTSI is an international operator of common user container terminals serving the global container shipping industry. Its business is the acquisition, development, operation and management of container terminals focusing on facilities with total annual throughputs ranging from 50,000 to 3,000,000 twenty-foot equivalent units (TEUs). It also handles break bulk cargoes and provides a number of ancillary services such as storage, container packing and unpacking, inspection, weighing, and services for refrigerated containers or reefers.[6]

ICTSI is an independent port operator with no vested interests in shipping line activity. [7]

  1. ^ https://cdnweb.ictsi.com/s3fs-public/2023-08/ICTSI%20Factbook%20v3.8.1%20%28web%29.pdf
  2. ^ "Top 10 box port operators 2019". Lloyd's List.
  3. ^ https://cdnweb.ictsi.com/s3fs-public/2023-08/ICTSI%20Factbook%20v3.8.1%20%28web%29.pdf
  4. ^ Peters, Hans. "Private Sector Involvement in East and Southeast Asian Ports: An Overview of Contractual Arrangements" (PDF). World Bank.
  5. ^ "ICTSI one of 'best managed' in RP". Manila Standard. Kamahalan Publishing Corp. September 10, 1992. p. 13. Retrieved October 17, 2021.
  6. ^ "2018 SEC FORM 17-A" (PDF). International Container Terminal Services, Inc. Retrieved January 3, 2019.
  7. ^ "ICTSI Factbook" (PDF). International Container Terminal Services, Inc. Retrieved January 3, 2020.