Durban Pier 2 development 'delayed by misdirection'
Durban’s Pier 2, South Africa’s main container gateway, continues to be regularly beset by severe ...
Philippines-headquartered International Container Terminal Services Inc. (ICTSI) is set improve its profit margins as throughput at three new facilities in Mexico, Honduras and Iraq “gains traction”, according to Drewry Maritime Equity Research (DMER).
ICTSI last week reported an 18% annual increase in the number of containers it processed at its 29 international container terminals in 2014, to reach 7.4m teu.
Revenue jumped by 24% to $1.1bn, earnings before interest, tax, depreciation and amortisation (ebitda) improved by 17% to $443m and net income ...
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