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                    [Title] => ICTSI sets bulk of $38-M capex for foreign ports’ expansion
                    [Summary] => Port operator International Container Terminal Services Inc. (ICTSI) has earmarked as much as $38 million for its capital expenditures this year, mostly for the expansion of the Baltic Container Terminal (BCT) in Gdynia, Poland. 


ICTSI chairman and president Enrique Razon told reporters after the company’s stockholders meeting yesterday that $16 million of the programmed capital budget will be used to expand BCT’s annual capacity to the 700,000 TEU (twenty-foot equivalent units) mark, from the current 350,000 to 400,000 TEU range.


                    [DatePublished] => 2004-05-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [Title] => US port security tightened further
                    [Summary] => WASHINGTON — In a new move to combat terrorism, the United States will soon start to require shippers of cargo containers from all ports outside the US to provide US Customs with manifest information 24 hours before a container is loaded on board a vessel for shipment to the US.


"This will enable us to analyze the information and identify potential terrorist threats before the vessel sails, not after it arrives," said US Customs Commissioner Robert Bonner.


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CONTAINER SECURITY INITIATIVE

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                    [Title] => ICTSI sets bulk of $38-M capex for foreign ports’ expansion
                    [Summary] => Port operator International Container Terminal Services Inc. (ICTSI) has earmarked as much as $38 million for its capital expenditures this year, mostly for the expansion of the Baltic Container Terminal (BCT) in Gdynia, Poland. 


ICTSI chairman and president Enrique Razon told reporters after the company’s stockholders meeting yesterday that $16 million of the programmed capital budget will be used to expand BCT’s annual capacity to the 700,000 TEU (twenty-foot equivalent units) mark, from the current 350,000 to 400,000 TEU range.


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                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 191821
                    [Title] => US port security tightened further
                    [Summary] => WASHINGTON — In a new move to combat terrorism, the United States will soon start to require shippers of cargo containers from all ports outside the US to provide US Customs with manifest information 24 hours before a container is loaded on board a vessel for shipment to the US.


"This will enable us to analyze the information and identify potential terrorist threats before the vessel sails, not after it arrives," said US Customs Commissioner Robert Bonner.


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abtest

ICTSI sets bulk of $38-M capex for foreign ports’ expansion

By Zinnia B. Dela Peña | May 1, 2004 - 12:00am

Port operator International Container Terminal Services Inc. (ICTSI) has earmarked as much as $38 million for its capital expenditures this year, mostly for the expansion of the Baltic Container Terminal (BCT) in...

Business

US port security tightened further

January 17, 2003 - 12:00am

WASHINGTON — In a new move to combat terrorism, the United States will soon start to require shippers of cargo containers from all ports outside the US to provide US Customs with manifest information 24 hours...

Headlines