Search results for: VICT

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  • 4 June 2015
    Business & Finance

    Philippine-based container terminal owner and operator International Container Terminal Services (ICTSI) has chosen 1-Stop Connections (1-Stop) system for its Australian subsidiary Victoria International Container Terminal Ltd (VICT). 1 -Stop is already the system of choice at the Port of Melbourne. This recent signing between 1 -Stop and VICT will result in continual productivity improvements and […]

  • 8 December 2017
    Business & Finance

     Over 1,000 containers are kept motionless at Port of Melbourne’s container terminal at Web Dock after members of the Maritime Union of Australia (MUA) walked off the job.

  • 11 September 2017
    Business & Finance

    Kalmar and Navis, parts of Cargotec, have delivered the first OneTerminal automation solution to International Container Terminal Services Incorporated (ICTSI) at the Port of Melbourne, Australia.  The deployment has made Victoria International Container Terminal (VICT) the world’s first fully automated international container handling facility, according to Cargotec. Located north of Port Phillip Bay at the […]

  • 13 December 2017
    Business & Finance

    Australian court orders union officers to abandon their picket at the Victoria International Container Terminal (VICT).

  • 15 July 2016
    Business & Finance

    Victoria International Container Terminal (VICT), a unit of International Container Terminal Services Inc (ICTSI), signed a syndicated loan facility worth AUD 398 million (USD 304 million) with seven global financial institutions. The loan provides significant financial flexibility with long-dated tenors of 7, 10, and 16 years. The newly-secured financing will support the on-going construction and development […]

  • 29 September 2015
    Business & Finance

    Philippine-based container terminal owner and operator International Container Terminal Services Inc. (ICTSI) has returned to port automation solutions provider Kalmar for eight additional automatic stacking cranes and related automation for its new Victoria International Container Terminal (VICT) in Melbourne, Australia. The equipment is scheduled for delivery in the final quarter of 2016.Kalmar’s new delivery will be part of Phase […]

  • 29 September 2015
    Business & Finance

    Philippine-based container terminal owner and operator International Container Terminal Services Inc. (ICTSI) has returned to port automation solutions provider Kalmar for eight additional automatic stacking cranes and related automation for its new Victoria International Container Terminal (VICT) in Melbourne, Australia. The equipment is scheduled for delivery in the final quarter of 2016.Kalmar’s new delivery will be part of Phase […]

  • 2 April 2019
    Business & Finance

    DP World, Hutchison Ports and VICT would remove potentially unfair contract terms, ACCC said.

  • 21 January 2015
    Business & Finance

    Kalmar, part of Cargotec, has won a contract to provide an integrated automation system to handle operations at Victoria International Container Terminal’s (VICT) new terminal in Melbourne, Australia. Kalmar will deliver the control systems of automatic stacking cranes (ASCs) and AutoShuttles, and terminal logistic system (TLS) as well as for the integration of the system components and […]

  • 13 December 2016
    Business & Finance

    Victoria International Container Terminal (VICT), part of International Container Terminal Services, Inc. (ICTSI), plans to start operations at its recently completed terminal in Webb Dock, Melbourne, Australia, in January 2017. In 2014, VICT signed a 26-year concession with the Port of Melbourne Corporation to build, operate and expand the container terminal at Webb Dock East. The […]

  • 7 November 2016
    Business & Finance

    An increased competition in Australia’s container stevedoring has pushed prices to their lowest level in seventeen years, according to the Australian Competition and Consumer Commission’s (ACCC) 2015-2016 Container Stevedoring Monitoring Report. The drop in prices reflects increasing competition between stevedores as they attempt to retain and/or win new shipping line customers, ACCC said. “Australia’s container stevedoring […]

  • 13 September 2018

    MUA has raised concerns over safe working conditions at the Victoria International Container Terminal (VICT).

  • 1 November 2017
    Business & Finance

    Competition between stevedoring companies at Australia’s three largest container ports is set to intensify as there are three stevedores competing at Sydney, Melbourne, and Brisbane, a report from Australian Competition and Consumer Commission (ACCC) finds. The fiercer competition is being announced despite a rise of stevedoring operating profits per TEU worth over 25 percent in […]

  • 30 October 2018

    Profitability of stevedores falling despite increases in infrastructure charges, ACCC said in a report.

  • 4 July 2017
    Business & Finance

    The Manila International Container Terminal (MICT), operated by International Container Terminal Services (ICTSI), has seen a robust performance as the company gears up for the peak season. As of May, yard utilization at the MICT remained at 61 percent or well below the 70 percent ideal percentage. During the same month, average crane productivity hovered […]

  • 22 August 2013
    Business & Finance

    The Liberian International Ship & Corporate Registry (LISCR), a member of the YCF Group of companies and exclusive administrator of the world’s largest quality ship register, has appointed Christian Mollitor to the position of vice-president. This newly created role represents a return to LISCR for Mollitor. Having formerly held the position of Assistant Department Head […]

  • 12 October 2017
    Business & Finance

    International Container Terminal Services, Inc. (ICTSI) has seen record productivity at its flagship Manila terminal in the Philippines for August and September. The Manila International Container Terminal (MICT) posted an increase in berth productivity of 22 percent and 13 percent for the two months, respectively. “With terminal manpower delivering optimal performance, ICTSI further improved its existing employee motivation […]

  • 3 July 2015
    Business & Finance, Equipment, Technology

    The Korea Institute of Civil Engineering and Building Technology (KICT) has signed a memorandum of understanding with Deltares. The first joint project of KICT and Deltares is entitled ‘the interaction between vegetation patchiness and river hydraulics: linking field, flume and model to reduce uncertainties in predictions’. In this project large unscaled flume experiments with natural […]

  • 7 June 2018
    Business & Finance

    ICTSI’s Manila Terminal is ready to handle some of the largest boxships with its new cranes.

  • 28 December 2016
    Business & Finance

    Container port business trust Hutchison Port Holdings Trust (HPH Trust) has reached an agreement to purchase a majority stake in Huizhou International Container Terminals Limited (HICT). Through its subsidiaries, Yantian International Container Terminals (Phase III) Limited (YICT III) and Shenzhen Pingyan Multimodal Company Limited (PML), HPH Trust will acquire 65% and 15% of HITC equity interest, […]

  • 7 January 2016
    Business & Finance

    Bourbon Offshore, a provider of marine services to offshore oil & gas companies, has announced the end of the mandate of Nicolas Malgrain as Executive Vice-President, Chief Financial Officer. This mandate had taken effect on December 1, 2014. Malgrain was in charge of Strategy, Finance, and Administration of the group. He joined Bourbon in February 2014 as Vice President […]

  • 7 January 2016
    Business & Finance

    The board of directors of French-based Bourbon has announced the end of the mandate of Nicolas Malgrain as executive vice-president, chief financial officer. This mandate had taken effect on December 01, 2014, Bourbon informed. Bourbon’s chief executive officer, Christian Lefèvre and the executive vice-president, chief operating officer, Gaël Bodénès, will continue to lead the general […]