{"id":330769,"date":"2024-12-05T12:02:24","date_gmt":"2024-12-05T04:02:24","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=330769"},"modified":"2024-12-05T12:02:26","modified_gmt":"2024-12-05T04:02:26","slug":"trade-the-news-icts-basra-terminal-strengthens-iraqs-trade-links","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/trade-the-news-icts-basra-terminal-strengthens-iraqs-trade-links\/","title":{"rendered":"Trade the News: ICT’s Basra Terminal strengthens Iraq\u2019s trade links"},"content":{"rendered":"\n
Potential Impact of this News<\/strong><\/td>POSITIVE on the stock price<\/strong><\/td><\/tr>
Company<\/strong><\/td>International Container Terminal Services Inc.<\/td><\/tr>
Stock Code<\/strong><\/td>ICT<\/td><\/tr>
Long-term Recommendation on the Stock<\/strong><\/td>Hold<\/td><\/tr>
1-Year Target Price<\/strong><\/td>PHP 445.57<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

International Container Terminal Services Inc. (ICT)’s terminal in Iraq, Basra Gateway Terminal (BGT), has boosted trade connectivity with the launch of the RCL West India-Gulf (RWG) service by Regional Container Line (RCL) and Bengal Tiger Line (BTL).<\/p>\n\n\n\n

Located at the Port of Umm Qasr, BGT now links Iraq to key ports in India and the Middle East, including Mundra, Nhava Sheva, and Jebel Ali, with a 21-day turnaround enabling faster and more efficient shipping.<\/p>\n\n\n\n

With three vessels operating on the route, the service ensures reliable trade links to support Iraq\u2019s growing economy.<\/p>\n\n\n\n

The move reinforces BGT\u2019s reputation as Iraq\u2019s most advanced terminal.<\/p>\n\n\n\n

Operated by International Container Terminal Services Inc. (ICTSI), BGT combines cutting-edge infrastructure with a strategic location, positioning it as a crucial gateway to emerging markets for global businesses.

\u201cWe are excited to welcome RCL and BTL as partners in advancing trade and connectivity in the region,\u201d said Romeo Salvador, BGT CEO.<\/p>\n\n\n\n

\u201cThe RWG service reinforces our commitment to providing world-class service and supporting Iraq\u2019s role in the global trade network,\u201d he added.<\/p>\n\n\n\n

(News Source: Insider PH<\/a>)<\/em><\/p>\n\n\n\n

<\/div>\n\n\n\n

This report is prepared by PinoyInvestor\u2019s partner broker below. Find out more about our partner brokers<\/a> and sign up to avail their complete trading brokerage services.<\/em><\/em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Take advantage of the price opportunity that might arise when the news hits. Trade the news!<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1371],"tags":[],"class_list":["post-330769","post","type-post","status-publish","format-standard","hentry","category-trade-the-news","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/330769","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/comments?post=330769"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/330769\/revisions"}],"predecessor-version":[{"id":330771,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/330769\/revisions\/330771"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=330769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=330769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=330769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}