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Your email address will not be published.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

There’s a reason you — yes, you reading this — would jump higher than... Continue
In a significant demonstration of its commitment to alleviating hunger and supporting vulnerable communities,... Continue
CYRIACUS IZUEKWE  The Afenifere Lagos and the Ndigbo Unity Forum held a joint meeting... Continue
MICHAEL AKINOLA The Nigeria Police Force has recommended the prosecution of the Osobia of... Continue
Nollywood actress Adebimpe Oyebade, popularly known as Mo Bimpe, has denied allegations circulating on... Continue
The All Progressives Congress, APC, has said that Former Vice President and Presidential candidate... Continue
KINGSLEY EBERE  A 64-year-old man, Chukwuemeka Ugwunta, was on Tuesday, July 21, 2026, arraigned... Continue
CHRISTIAN ABURIME  The Anambra State Government has announced a sweeping plea bargain programme that... Continue
UGOCHUKWU UGWUANYI  Just like calling someone’s name often makes them look your way, there’s... Continue
CYRIACUS IZUEKWE  A 23-year-old man, Oluwakunmi Damilola, has been arraigned before a Magistrate Court... Continue

UBA


Access Bank

Twitter

Sponsored