The contract, originally set to expire on 30 September 2013, includes the procurement, installation and operation of container loading and unloading equipment under a revenue sharing scheme at the terminal. This has now been extended to 31 January 2013.<\/p>\n
For ICTSI, it\u2019s all part of the strategy for the operator to keep up its presence at the port.<\/p>\n
Christian R. Gonzalez, Vice President and MICT General Manager, Asia and India Subcontinent, told Port Strategy<\/i>: \u201cThe strategy behind renewing the contract is to maintain and extend our presence in Makassar which we believe has strong potential going forward. There will also be investments related to equipment rehabilitation and the acquisition of additional equipment.\u201d<\/p>\n
ICTSI\u2019s subsidiary MTS in Indonesia operates container handling equipment at the Makassar Container Terminal under a joint contract with the state run Pelindo IV, which owns and operates the terminal.<\/p>\n
In May 2006, ICTSI purchased 95% of the outstanding shares of PT Makassar Terminal Services (MTS), cargo handler at the Makassar Container Terminal (MCT) in South Sulawesi, from Portek Systems and Equipment Pte Ltd. of Singapore and Indonesian liner, PT Pelayaran Nusantara Meratus.<\/p>\n","protected":false},"excerpt":{"rendered":"
International Container Terminal Services Inc (ICTSI) has had its contract extended to jointly operate Makassar Container Terminal in South Salawesi, Indonesia, for another ten years.<\/p>\n","protected":false},"author":8,"featured_media":3688,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[25],"tags":[],"sponsor":[],"class_list":["post-3687","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/3687","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/comments?post=3687"}],"version-history":[{"count":1,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/3687\/revisions"}],"predecessor-version":[{"id":3689,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/3687\/revisions\/3689"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/media\/3688"}],"wp:attachment":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/media?parent=3687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/categories?post=3687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/tags?post=3687"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/sponsor?post=3687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}