International Container Terminal Services

Work to start on Puerto Cortes Container Terminal in October

No later than October this year the construction and equipping will begin on the container terminal in Puerto Cortes, Honduras, executives of the Philippine company International Container Terminal Services (ICTSI) have stated. “We look forward to results shortly, according to the schedule of activities of operation and construction of what has to be done to improve infrastructure from October this year,” said Juan Carlos Garrido, director of Business Development for the Americas of ICTSI. The [...]

Filipinos awarded terminal in Puerto Cortes for $624 million

The proposal by International Container Terminal Services, of the Philippines, includes royalties of $19.50 per TEU and $624 million in investment in the first ten years of the concession. A statement from COALIANZA said that “The Filipino company International Container Terminal Services Inc. submitted the best offer for the New Container Terminal for General Cargo at the National Port in Puerto Cortes”. Under public audience in Tegucigalpa, International Container Terminal Services Inc. was awarded the [...]