MANILA, Philippines — International Container Terminal Services Inc. (ICTSI) is investing $100 million for the expansion of the Basra Gateway Terminal (BGT) in Iraq. “This new $100 million investment follows hot on the heels of ICTSI’s development of berth 27 and the rehabilitation and upgrade of berths 19, 20 and 21, a $150 million investment,” Razon said. ICTSI subsidiary BGT will make the investment for the expansion. Business ( Article MRec ), pagematch: 1, sectionmatch: 1The berths will be configured and equipped with quay and landside container handling systems to handle container vessels of up to 10,000 TEUs. Like other ports worldwide, Umm Qasr is now facing the challenge of handling larger size vessels,” BGT chief executive officer Phillip Marsham said.

Source: Philippine Star October 23, 2017 16:18 UTC