The container terminal operator achieved double-digit growth across key financial metrics, with consolidated volume reaching 4.08mn TEUs
International Container Terminal Services (ICTSI), the leading developer, manager and operator of common user origin and destination container terminals, has released its results for the opening quarter of the year (Q1).
The group said that revenue from port operations came in at US$961.1mn during the quarter, an increase of 29 per cent on the same period in 2025.
EBITDA jumped 26 per cent year-on-year to US$617.87mn, it confirmed, while net income attributable to equity holders stood 23 per cent higher at US$293.57mn, primarily due to higher operating income.
ICTSI handled consolidated volume of 4.08mn TEUs in the first quarter of 2026, 18 per cent higher than in Q1 2025.
Volume growth was mainly due to the contribution of two new ICTSI terminals: Durban Gateway Terminal (DGT), which took over port operations of DCT Pier 2 in Port of Durban, South Africa in January 2026, and Batu Ampar Container Terminal (BACT), which took over port operations in Batam, Indonesia, in September 2025.
“ICTSI delivered a robust start to 2026, with double‑digit growth in revenues, EBITDA and net income reflecting the strength of our diversified global portfolio and disciplined execution across our operations,” said Enrique Razon Jr, ICTSI chairman and president.
”The contribution from newly added terminals, alongside stable demand at our existing facilities, supported volume and earnings growth for the quarter.
“Our focus on operational efficiency, prudent cost management and careful capital allocation continues to underpin the resilience of our business,” he continued.
”As we progress with strategic expansions across our network, we remain committed to maintaining financial discipline and executing our long‑term strategy to deliver sustainable value for our shareholders.
“I would like to thank our employees across our global operations for their continued dedication,” Razon added.
