ICTSI is the controversial terminal operator at Terminal 6 in Portland.

ICTSI’s first attempt at operating in the United States has resulted in crippling problems at Terminal 6 in Portland.

With 30 port concessions in 20 countries across six continents, International Container Terminal Services is the most globalized Philippine corporation by geographical scope.

Compared to its global peers, however, ICTSI still has a ways to go. In terms of container traffic, it was only the 12th-largest port company in the world last year, with an equity-based throughput of 6.8 million 20-foot equivalent units (TEU), according to Drewry Maritime Research. The largest, Singapore’s PSA International, handled 55.1 million TEUs.

But with new terminals in the works and more port contracts on its radar screen, ICTSI could soon close the gap.

Chairman and President Enrique Razon said planned terminals in Argentina, Australia, Colombia, Democratic Republic of Congo, Mexico and Nigeria will help the company double its revenue to $2 billion by 2019.

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