en.Wedoany.com Reported - Performance data released by Philippine port operator International Container Terminal Services, Inc. (ICTSI) shows that in the first half of 2026, the company's cargo throughput increased by 16% year-on-year, handling a total of 8.12 million twenty-foot equivalent units (TEUs).
Philippines-based ICTSI stated that the growth was primarily driven by contributions from two newly operated terminals: Durban Gateway Terminal (DGT), which took over operations of the DCT 2 terminal at the Port of Durban in South Africa in January 2026, and Batam Container Terminal (BACT), which assumed port operations on Batam Island, Indonesia, in September 2025.
Aside from the new terminals, improved commercial activity in Asia and the Americas also contributed to throughput growth, but this was partially offset by a decline in throughput in the Europe, Middle East, and Africa (EMEA) region due to geopolitical conflicts, as well as the deconsolidation of Yantian International Container Terminals (YICT). Excluding the contributions from the newly operated DGT and BACT businesses and the discontinued YICT operations, the company's consolidated throughput increased by 1% year-on-year. For the quarter ended June 30, 2026, consolidated total cargo throughput increased by 15% year-on-year to 4,030,857 TEUs, compared with 3,517,162 TEUs in the same period of 2025.
On the financial front, total port operations revenue for the first half of 2026 increased by 27% year-on-year to $1.92 billion, compared with $1.51 billion in the same period of 2025. The announcement attributed the revenue growth to increased throughput, a favorable container mix, higher ancillary service revenue at certain terminals, and tariff adjustments, while revenue contributions from DGT and BACT, as well as favorable foreign exchange translation effects from revenues denominated in Mexican pesos, Australian dollars, and Brazilian reais, also boosted total revenue. Excluding the impact of new and discontinued operations, the group's consolidated total revenue increased by 18% year-on-year. For the quarter ended June 30, 2026, consolidated total revenue increased by 25% year-on-year to $958.73 million, compared with $764.63 million in the same period of 2025.
ICTSI Chairman and President Enrique K. Razon Jr. stated that throughput, revenue, and profit all achieved double-digit growth in the first half of the year, benefiting from contributions from newly included terminals and the stable performance of the existing portfolio. He noted that despite increasingly complex operating environments in some markets, the company's diversified layout provided sustained support.
