We’ve No Relationship With Dangote —ICTSI, Port Management Company

Posted on May 9, 2021

International Container Terminal Services Inc (ICTSI), a global port management company, has refuted a Sahara Reporters report linking it with Africa’s richest man, Alhaji Aliko Dangote.

In a letter sent to the online platform by email, the company made reference to a report with the headline: “How Suspended NPA Boss, Hadiza Usman, Awarded Coastline Terminals to Dangote’s Proxy Company In Shady Deal.”

The company stated that its has no relationship with Alhaji Dangote.

Signed by its Senior Vice President, Mr. Hans-Ole, Madsen, the letter stated: “We would like to clarify that International Container Services Inc. (ICTSI) is a Philippine publicly-listed independent company engaged in operations in 33 ports on 6 continents. ICTSI (www.ictsi.com) ranks as a top-ten port operator in the world.”

While advising that details of the company’s ownership can be found on its website, Madsen concluded that “ICTSI is not owned or in any way affiliated with the Dangote Group of companies.”

Established in December 1987 in the Philippines, ICTSI has become a leading operator, innovator and pioneer in its field.

“Soon after consolidating and strengthening our flagship operations at the Manila International Container Terminal, we launched an international and domestic expansion programme and today, we operate in many countries across the world, employing more than 7,000 people,” ICTSI said on its website.

“Along our journey, we developed the world’s first fully automated international container handling facility at Victoria International Container Terminal (Melbourne, Australia).

“Throughout our history we have set out to achieve excellence and have established new standards in our field. We have an unparalleled track record in acquiring terminals and adding substantial value by enhancing their efficiency.

“Our knowledge, skills and expertise also enables us to navigate and operate in different political and economic environments.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

  In a flagrant disregard for a Supreme Court ruling, officials of the Lagos... Continue
  Justice Ayokunle Faji of the Federal High Court, Lagos has ordered an accelerated... Continue
Wema Bank, Nigeria’s foremost innovative financial institution and pioneer of Africa’s first fully digital... Continue
BY RABIU USMAN  It was President Bola Tinubu that declared that in the first... Continue
President Bola Tinubu has congratulated the Nigerian Tribune newspaper’s Board, Management, and staff on... Continue
PRINCE BEN AHANONU     Fabian Ihekweme, who is a rapacious gold digger, has... Continue
BY SEUN OLOKETUYI  Nigerian entrepreneur and brand strategist Abisoye Fagade is setting out to... Continue
NJOKU MACDONALD OBINNA  As close observers and analysts; including the conservatives of Imo political... Continue
FUNSHO AROGUNDADE Industry leaders, stakeholders, and creative minds from across the country gathered at... Continue
The United Nations Children’s Fund (UNICEF) has commended the Cross River State governor, Senator... Continue

UBA

DANGOTE AD

GLO


Access Bank

Twitter

Sponsored