I N T E R N AT I O N A L E D I T I O N
International Container Terminal Services, Inc.
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ICTSI Newsbreak
CMSA, Union ratify CBA By Pamela De la Vega
Contecon Manzanillo, S.A. (CMSA) and the Stevedores and Workers Union of the Pacific (CROM) inked their enhanced collective bargaining agreement (CBA) last 14 March. Enrique Gutierrez, CMSA Chief Executive Officer; and Cecilio Lepe Bautista, CROM Secretary General, signed the CBA on behalf of the two parties. In his message, Mr. Gutierrez highlighted the professionalism of the union members and the management of CMSA. “CMSA is committed to co-exist with success and harmony with the union,” he said. Meanwhile, Honorable Virgilio Mendoza Amezcua, Manzanillo Mayor, stressed the significance of the agreement, which has given stability and strength to Mexico’s flagship port. Aside from Mayor Amezcua, Mexican government officials and port authorities also witnessed the signing of the CBA. Among the
attendees were Honorable Alfonso Navarrete Prida, Mexican Federal Government Labor and Social Security Secretary; Honorable Mario Anguiano Moreno, Colima State Governor; Honorable Guillermo Ruiz de Teresa, Ports and Merchant Marine Coordinator General; and Flor de Maria Cañaveral Pedrero, API Manzanillo Director. CMSA’s Specialized Container Terminal II (SCT-II) project is one of the main growth stimuli of the labor sector in Manzanillo. The ratification of the CBA strenghtens CMSA’s relationship with port authorities and the Union representing the port workers. SCT-II will drive economic empowerment and employment in the region. It is expected to generate up to 6,000 new jobs and create new demands for a variety of services.
Mr. Gutierrez welcomes Mexican government officials, port authorities and guests who witnessed the signing of the CBA.
Representatives of CMSA and CROM sign the CBA.
At the signing of the CBA between CMSA and CROM (from left): Honorable Flor de Maria Cañaveral Pedrero, API Manzanillo Director; Federal Deputy Arnoldo Ochoa, Mexican House of Representatives Chairman of the Maritime Commission; Honorable Roberto Barbosa, Colima State Federal Labor Officer; Honorable Mario Anguiano Moreno, Colima State Governor; Honorable Alfonso Navarrete Prida, Mexican Federal Government Labor and Social Security Secretary; Honorable Uriel Moreno, State Labor Secretary; Honorable Virgilio Mendoza Amezcua, Manzanillo Mayor; and Mr. Gutierrez
2013 ICTSI Annual Stockholders’ Meeting
ICTSI in 2012: Stability amid volatility International Container Terminal Services, Inc. (ICTSI) held its Annual Stockholders’ Meeting (ASM) last 18 April at the Peninsula Manila Hotel in Makati. Enrique K. Razon Jr., ICTSI Chairman and President, presided over the ASM, which was attended by over 200 hundred stockholders and guests. Re-elected to the Board were Mr. Razon, Jose Ibazeta, Andres Soriano III, Jon Ramon Aboitiz, Stephen Paradies and the two Independent Directors, namely, Octavio Victor Espiritu and Joseph Higdon.
Cecilio Lepe Bautista (left), Stevedores and Workers Union of the Pacific (CROM) Secretary General; and Enrique Gutierrez, Contecon Manzanillo, S.A. (CMSA) Chief Executive Officer, shake hands after ratifying their collective bargaining agreement (CBA).
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T h e O f f i c i a l P u b l i c a t i o n o f I n t e r n a t i o n a l C o n t a i n e r Te r m i n a l S e r v i c e s , I n c .
During the ASM, the stockholders approved the nomination of Sycip Gorres Velayo and Company as External Auditor of the Company for 2013. Meanwhile, the Board of Directors announced a PhP0.70 cash dividend per share for stockholders of record date 6 May, which was paid out on 21 May.
Enrique K. Razon Jr. (center), International Container Terminal Services, Inc. (ICTSI) Chairman and President, answers a question from a stockholder. Also in photo are Atty. Rafael Durian (left), ICTSI Corporate Secretary; and Jon Ramon Aboitiz, ICTSI Board Director. T h e O f f i c i a l P u b l i c a t i o n o f I n t e r n a t i o n a l C o n t a i n e r Te r m i n a l S e r v i c e s , I n c .
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