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Despite revenue climbing some 10% over the six months to June, International Container Terminal Services (ICTSI) recorded a first-half profit fall of 6% year on year. Container News reports the decline was largely down to costs linked to the start-up of new terminals in Papua New Guinea and Australia. And it seems business otherwise is on the up. Volumes climbed around 4% on what ICTSI was doing a year ago, with around 4.7m teu being handled across its network of ports.
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Another strong month for US ports as container flows continue to rise
Alex Lennane
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mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
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Alessandro Pasetti
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