FROM its humble roots as one of the first successful port privatization stories in the Philippines and in Asia, International Container Terminal Services Inc. (ICTSI) has emerged as the top wholly-independent global terminal operator (GTO) with a portfolio that spans all six continents.
Leading independent maritime research and consulting firm Drewry, in its Global Container Terminal Operators Annual Review and Forecast for 2021-2022, ranks ICTSI eighth among GTOs in terms of equity TEU based on the consolidated 10.1 million 20-foot equivalent units (TEU) it handled in 2020. GTOs handled mostly 66 percent of the global port volumes in 2020. ICTSI's consolidated throughput in 2021 increased 10 percent to 11.1 million TEUs, owing to the reopening of markets and improvements in trade.
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