Against the odds: Mærsk, MSC, CMA CGM & Hapag – 'Houston, we've a problem'
Too much money to handle
Manila-based International Container Terminal Services registered a 15% increase in container throughput for the three months to September, contributing to a surge in revenue growth for the period.
Consolidated throughput reached almost 2.2m teu for the third quarter, accounting for revenue of $284m, up 18% year-on-year. The company posted growth across its geographic segments, with its Asia business proving particularly fertile.