ICTSI sees impact on Asian volumes from coronavirus
The smaller container port specialist operator is closely reviewing developments across the regions where it operates but managed to post a 5% rise in consolidated volume to 10.2m teu in 2019. Chairman Enrique Razon Jr said it is seeking to mitigate effects but cannot be sure how long the situation will last
Mitigation measures include rigourous cost control and efforts to increase market share while maintaining an agile business that remains robust during the uncertain times
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