Watch the video with Andrew Stotz or read a summary of the World Class Benchmarking on International Container Terminal Services, Inc.
International Container Terminal Services, Inc. (ICT), is an international operator of common user container terminals and serves the global container shipping industry. ICT is primarily engaged in operation, management, development and acquisition of container terminals, with total annual throughputs ranging from 50k-2.5 million TEU annually.
International Container Terminal Services, Inc. operates via three geographical segments and is involved in 28 terminal concessions where it handles break bulk cargoes and provides ancillary services such as storage, container packing and unpacking, inspection, weighing and services for refrigerated containers. It also has port development projects in 18 countries.
Its main contributor is the Asia region, comprising 52% of total revenues. It operates through port terminals in Asian countries that include the Philippines, China, Indonesia and docks in Australia, Japan, Brunei, and Pakistan.
The Americas region contributes 34% of ICT’s total revenues and has port operations in Brazil, Ecuador, Colombia, Argentina, Mexico, Honduras.
Meanwhile, Europe, the Middle East and Africa (EMEA) contribute 14% of total revenues. ICT operates in Poland, Georgia, Croatia, the Netherlands, Madagascar, Nigeria, Democratic Republic of the Congo and Iraq.
Effective operating cost reduction initiatives in 2016 could be further enhanced following termination of operations in Portland, Oregon, US.
Enrique K. Razon, Jr. has been a director at the company since 1987 and has been its Chairman since 1995. He’s also the CEO of the company.
Mr. Razon received his Bachelor’s degree from the De La Salle University in the Philippines in 1980. He’s currently engaged in numerous businesses, for example, the PSE-listed casino company Bloomberry Resorts Corporation where he’s the majority shareholder, Chairman, and CEO.
World Class Benchmarking
Profitable Growth for International Container Terminal Services, Inc. has dropped to the average rank from #3 in 2013. Profitability is at average rank as well while Growth has improved to above average from #6.
Asset utilization has consistently ranked worst while Profit margin has consistently been World Class.
Sales growth is ranked good at #3 and Margin change has improved to #4 from being worst in 2014.
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