International Container Terminal Services, Inc. (ICTSI) inaugurated today, November 26 Yard 7 of the Manila International Container Terminal (MICT) including the commissioning of four new rubber tired gantries (RTG).
Part of MICT’s PhP 5 billion expansion project, Yard 7 adds substantial capacity to the terminal now at 2.75 million TEUs from 2.5 million TEUs. This not only addresses the current demand of shipping line clients and the port community for terminal services but also of anticipated growth.
In 1988, International Container Terminal Services, Inc. (ICTSI) won the 25 + 25 years concession to operate the Manila International Container Terminal (MICT) in an international tender. Since ICTSI’s takeover, MICT has increased its annual capacity five-fold, expanded its container handling fleet to make it the largest and most modern container terminal in the Philippines, and switched from a manual control system to an integrated real-time IT terminal control system. MICT is ICTSI’s flagship operation.