ICTSI

Name

ICTSI

Legal name

INTERNATIONAL CONTAINER TERMINAL SERVICES, INC.

Website

https://ictsi.com

Company type

Public

Founded year

1987

Operating status

Operating

Headcount range

5,001–10,000 employees

Ownership category

akta.pro rank

Product category

Port Terminal Operations

NAICS

Marine Cargo Handling (48832), Port and Harbor Operations (48831), Support Activities for Water Transportation (4883)

SIC

Water Transportation (4400)

akta.pro primary industry

Deep-Sea Container Terminals (Mainline / Transshipment Hubs) (TLAHAAAA)

akta.pro secondary industries

Gateway Container Terminals (Import/Export) (TLAHAAAB), Inland / River Container Terminals (Barge-Served) (TLAHAAAD), Port Community Systems (PCS) Platforms (TLAHAOAA)

Keywords

• Container terminal operations
• Port management services
• Cargo handling services
• Maritime terminal concessions
• Port logistics infrastructure

Headquarters

HQ city

Manila

HQ country

Philippines

HQ region

Asia

Offices11 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D

Revenue model

1. Port Operations and Concession Fees: ICTSI generates revenue through volume-based fees and long-term port concessions. The company operates container terminals worldwide, following a business model centered on acquiring and operating container terminals under long-term concession agreements.
2. Container Terminal Services: Revenue from port operations including cargo handling, vessel services, and terminal throughput fees based on TEU volumes.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

ICTSI acquires and operates container terminals worldwide under long-term concession agreements with governments and port authorities. The company provides container handling, vessel services, cargo storage, and terminal throughput services at 33 facilities across 20 countries on six continents. It generates revenue primarily through volume-based fees (per TEU) charged to shipping lines and cargo owners, supplemented by concession-related and ancillary services.

Product overview

ICTSI (International Container Terminal Services Inc.) operates a global network of over 30 container terminals across 19 countries. The company offers a portfolio of port terminal operations spanning Asia Pacific, Europe, Middle East, Africa, and the Americas. Core offerings include flagship automated terminals like Victoria International Container Terminal in Melbourne (Australia's first fully automated facility), major gateway terminals in Manila and Guayaquil, and inland container services through facilities like Laguna Gateway and Cavite Gateway. The company complements its terminal operations with the ICTSI Radar App for cargo visibility tracking. ICTSI's terminal network handles containerized cargo, roll-on/roll-off cargo, and multipurpose cargo across both coastal and inland waterway locations.

Differentiator

Problem solved

Functional benefit

Products and services

• Manila International Container Terminal (MICT) Flagship container terminal operation in Manila, Philippines, handling containerized cargo for domestic and international trade in the region. Scheduled to increase capacity to 3.7 million TEUs by 2027 via AIIB-funded expansion.
• Victoria International Container Terminal (VICT)

Quantifiable outcome

• 66% gross operating profit margin in 2025
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core.

• Manila International Container TerminalcoreStrategic or Co-development Partner · 20 May 2026One of three container terminals receiving AIIB financing for expansion, with capacity to increase to 3.7 million TEUs by 2027 through technology-enabled infrastructure upgrades and electric quay cranes.
• South Luzon Container Terminal (Batangas)coreStrategic or Co-development Partner · 20 May 2026Terminal receiving AIIB financing to increase capacity to 800,000 TEUs by 2028 through adoption of electric equipment and infrastructure modernization.
• Mindanao Container TerminalcoreStrategic or Co-development Partner · 20 May 2026Terminal receiving AIIB financing to increase capacity to 800,000 TEUs by 2028 as part of the Philippines port expansion program.
• Port of Melbourne Operations Pty. Ltd.coreStrategic or Co-development Partner · 6 February 2026VICT secured a 26-year extension to operate Webb Dock East at the Port of Melbourne, pushing the contract expiry from 2040 to 2066. The deal gives the terminal a remaining concession life of 40 years, making it one of Australia's longest container operating agreements. VICT is implementing a capital programme including new neo-Panamax cranes and hybrid automated straddle carriers.
• Transnet SOC LtdcoreStrategic or Co-development Partner · 1 January 202625-year partnership starting January 1, 2026 for the operation and development of Durban Container Terminal Pier 2 (DCT2), South Africa's largest container terminal handling over 70% of Durban's throughput and nearly half of the nation's port traffic. ICTSI takes operational control with targets to increase capacity from 2 million to 2.8 million TEUs and nearly double crane moves per hour from 18 to 28.

Scale indicators12 records

Recent moves12 records

Expansion highlights5 records

Regional players

• Eurogate: European container terminal operator with a strong presence in Germany and the Mediterranean. Comparable on container handling operations and concession-based model, but primarily focused on European gateways.
• SSA Marine (Carrix): Privately held terminal operator with significant US and Latin American footprint. Comparable on independent terminal operations and concession-based gateway model, particularly relevant for the Americas overlap.

Broad incumbents

• COSCO Shipping Ports: Carrier-affiliated terminal operator with a global port network and significant presence in Belt and Road ports. Comparable on container terminal operations and overseas concession strategy.
• PSA International: One of the world's largest terminal operators, state-owned by Temasek. Comparable on global container terminal portfolio and automation leadership, though significantly larger and more concentrated in transshipment hubs.
• China Merchants Port Holdings: Major Chinese state-affiliated terminal operator with a global portfolio across Asia, Africa, and Europe. Comparable on emerging-market port acquisitions and concession-led expansion.
• Hutchison Ports: Operates one of the world's largest networks of container terminals under the CK Hutchison group. Comparable on global terminal portfolio, concession model, and gateway/transshipment mix.
• APM Terminals: A.P. Moller-Maersk's terminal operating division; a direct competitor in container terminal operations globally and the incumbent ICTSI displaced in Durban DCT2. Comparable on port operations and gateway terminal strategy.

Direct peers

• DP World: Global container terminal operator with a similar concession-acquisition model and emerging-market footprint. Directly comparable on port operations, container handling, and multi-decade concession strategy.

Emerging players

• Yilport Holding: Turkey-headquartered independent terminal operator pursuing global growth via acquisitions. Comparable as a smaller, fast-growing independent operator competing with ICTSI in regional and emerging-market concessions.
• Adani Ports and SEZ: Indian-headquartered multi-port operator with growing international footprint. Comparable on emerging-market port operations and concession-led expansion outside home geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ICTSI