Independent journal on economy and transport policy
18:35 GMT+1
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In the first three months of the 2011 traffic enlivened from the container ICTSI terminal it has grown of 22%
Emphasized increase of the performances financial institutions of the Philippine group
May 12, 2011
In the first three months of this year the harbour terminals of the Philippine group International Container Terminals Services, Inc. (ICTSI) have enlivened a traffic of the container pairs to 1.171.969 teu, with a progression of 21.8% regarding the first trimester of 2010. The Asian terminals of the group have totaled a traffic of 687.196 teu (+12.6%), those Americans of 345.306 teu (+46.0%) and those situated in Europe, Middle East and Africa of 139.467 teu (+21.2%).
The harbour activities of the group have generated in the first trimester of the 2011 revenues for 154,9 million dollars, with an increase of 28% regarding 120,7 million dollars in the correspondent period last year. The operating profit (EBITDA) is piled to 71,2 million dollars (+26%) and the profit clearly to 28,5 million dollars (+25%).
Communicating today the achieved financial results in the first trimester of the 2011 Philippine group it has been profitable you notice some details on the development of the container terminal of the Croatian port of River in which ICTSI it has made own income on 15 April after to have acquired 51% of the capital of the terminalista society Adriatic Gate Container Terminal ( on 7 March 2011). In the 2010 Croatian terminal it has enlivened a traffic pairs to 121.445 teu. The plan of widening of the harbour system, that it will per year increase the ability to traffic from current the 250,000 teu to 600.000 teu, will be carried to term in 2013. The concession contract is relative to an area of 167.649 square metres. The concession canon is constituted by a flat rate pairs to 4,0 euros to square metre more a variable amount on the base of the volume of enlivened traffic and that it is pairs to 6,4 euros/teu until a traffic of 350.000 teu, to 4,8 euros/teu for a traffic comprised between 350.000-400.000 teu and to 3,2 euros/teu for a advanced traffic to 400.000 teu per year.
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In the first three months of this year the harbour terminals of the Philippine group International Container Terminals Services, Inc. (ICTSI) have enlivened a traffic of the container pairs to 1.171.969 teu, with a progression of 21.8% regarding the first trimester of 2010. The Asian terminals of the group have totaled a traffic of 687.196 teu (+12.6%), those Americans of 345.306 teu (+46.0%) and those situated in Europe, Middle East and Africa of 139.467 teu (+21.2%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
