Disclaimer

The articles excerpted on this site report on the state of the industry as seen by mainstream media, and do not necessarily reflect the opinion of the officers of the ILWU Coast Longshore Division.

Fashion brands pressure Madagascar over dockworkers at ICTSI terminal

From Container Magazine:

International fashion brands including Marks and Spencer and Levi’s have signed a joint letter to the Madagascan government, calling for a resolution to an industrial dispute at the Port of Toasmina. Levi’s and Esprit have already voiced support for the dockworkers.

The International Transport Workers’ Federation (ITF) claims that dockworkers are being […]

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Madagascar dockworkers protest at Parliament as global union warns Africa against partnering with ICTSI

The plight of the Malagasy 43 – dockworkers sacked in Madagascar for standing up for their rights – has reached the highest levels of the Madgascan Government with protests at Parliament and meetings scheduled with Government to try and resolve the dispute.

The International Transport Workers’ Federation (ITF) and local Madagascan union SYGMMA will be […]

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ITF reveals international supply chain agreement threat

From Port Technology:

The International Transport Workers’ Federation (ITF), a global trade union federation, has deemed an international agreement a risk for maritime workers and citizens due to the potential impacts of companies in the transport industry gaining too much power.

In a campaign launch announcement against the agreement, the ITF accused the European Union […]

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Levi’s drawn into growing Madagascan dockworkers dispute after ICTSI firings

International clothing company Levi Strauss and Co. is under pressure to help end the exploitation of Madagascan dockworkers as the International Transport Workers’ Federation (ITF) calls on the company to stop the labour rights double standard.

The union is launching a major report, Levi’s: End the Double Standard in your Supply Chain highlighting Levi’s […]

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ITF calls on Madagascar to reinstate union workers fired at ICTSI terminal

Madagascar workers fired for joining union at ICTSI

Excerpts from Maritime Executive:

The average wage for the dockers is only $40 per month, with a maximum of about $10 per day if container volumes are high; without these wages, the dismissed unionists are struggling to pay the bills, ITF said. Tata Ramilison, one of […]

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Global protests target Madagascan Government in campaign to reinstate sacked dock workers

The Government of Madagascar is the target of a global campaign launched 28th February to defend dockworkers at the ICTSI operated Port of Toamasina in Madagascar. The campaign by the International Transport Workers’ Federation (ITF) will see protests outside of Madagascan embassies across three continents.

Steve Cotton, ITF General Secretary said this was the […]

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ICTSI plans to expand its presence in Africa

International Container Terminal Services, Inc. (ICTSI) plans to widen its presence in Africa, as it bids for the privatization of ports in Cameroon and Kenya, its chief said.

“We participated in bid for Cameroon, [but] we still don’t know the results. There’s also this one thing big coming up in Kenya, Mombasa. Those two are […]

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ICTSI profit up 20% at $172.4M in 2013

International Container Terminal Services, Inc. (ICTSI) recorded a 20 percent hike in audited consolidated attributable net income to US$172.4 million last year from the US$143.2 million earned in 2012.

In a disclosure to the Philippine Stock Exchange, the firm said the higher attributable net income was mainly due to strong revenue growth and margin improvement […]

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ICTSI results shows good results globally, but Portland problems on analysts’ radar

Excerpts from Transport Topics:

At 4,628,117teu, the Philippines-based terminal operator International Container Terminal Services Inc [ICTSI] handled 13% more containers in the first nine months of 2013 than it did in the same period of the previous year, improving its net profit by 22%.

However, Drewry Maritime Equity Research (DMER), which analyses the financial performance […]

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ICTSI to spend $150 million developing Honduras port

International Container Terminal Services, Inc. (ICTSI) plans to spend about $150 million in the next five years to develop the port in Puerto Cortes, Honduras, a senior company official said recently.

Last February, the Razon-led port operator was awarded a 30-year contract for design, financing, construction, maintenance, and operation of the Puerto Cortes facility, which […]

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ICTSI 1Q Net Profit up 15% on Year on Revenue, Cargo Growth

International Container Terminal Services Inc. (ICTSI) said Thursday that its first-quarter net profit rose 15% from the year-earlier period, boosted by double-digit growth in its revenue and cargo volume.

ICTSI said net profit in the January-March quarter rose to $40.7 million from $35.4 million in the year-earlier period, while total revenue increased 20% to $209.3 […]

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ICTSI bags deal to run major Nigeria terminal

Port operator International Container Terminal Services Inc. (ICTSI) has bagged a new contract to develop and run a major container terminal in Nigeria’s Lagos Free Trade Zone that is expected to be the largest terminal in sub-Saharan Africa once operational in 2016.

ICTSI is expected to invest over $225 million in this project, thus raising […]

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ICTSI Q1 profit jumps 24% to $35.4M

Ports operator International Container Terminal Services Inc. (ICTSI) reported a net income of $35.4 million in the first three months of the year, on the back of growth in volume and revenues and lower financing charges. This was 24% higher than the $28.5 million net income during the same period in 2011.

ICTSI said its […]

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Port operator ICTSI sees more expansion opportunities overseas

Enrique Razon, CEO of ICTSI

Violent protests in the Middle East may have shaken the world economy but Philippine port operator International Container Terminal Services, Inc. (ICTSI) sees opportunity amid the turmoil.

ICTSI, run by billionaire Enrique Razon, is one of only a few Philippine companies to have become a successful global player and […]

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