Syrian civil war forces terminal company to pull out

Manila’s International Container Terminal Services Inc (ICTSI), through its subsidiary Tartous International Container Terminal (TICT), has announced its withdrawal from Syria because of the civil war, reports Shipping Gazette. "To continue operations in Syria under those circumstances was clearly unsustainable and dangerous to TICT personnel," said the ICTSI statement. Under the Investment Agreement between TICT and Tartous Port General Company (TPGC), wars and civil disorders constitute a force majeure. "The Syrian civil war is escalating, exposing everyone, both combatants and civilians," to increasing threats of death and destruction, said a company statement.

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