With deeper channel access, ICTSI Ecuador starts servicing larger ships
Contecon Guayaquil, the Ecuadorian subsidiary of International Container Terminal Services, Inc. (ICTSI), set a new operational benchmark after servicing the largest ship to dock in Ecuador – the 10,010-TEU neo-Panamax CMA CGM Cochin that services the Ecuador-Asia route.
The vessel’s arrival highlights the importance of the recent dredging of the 95-kilometer main access channel leading to the country’s primary seaport. With deeper waters, the Port of Guayaquil is the first in Ecuador to accommodate ships of this size–elevating its status as a world-class port.
Earlier in March, Contecon Guayaquil also received the 10,500-TEU capacity boxship CAP San Sounio, described as a stimulus for maritime activity and trade.
“We congratulate and support the City of Guayaquil in its initiative to improve maritime access to the port. The dredging of the access channel paved the way for the arrival of these ships, which is something we look forward to as a huge boost to the local and national economy,” said José Antonio Contreras, CGSA Chief Executive Officer.
He adds: “This also allows us to maximize our operations. We’ve made the necessary investments in infrastructure, equipment, and technology to ensure the efficient handling of these neo-Panamax vessels.”
In October 2018, the City of Guayaquil granted Luxemborg-based Jan De Nul Group a 25-year concession for the dredging and maintenance of the port’s access channel. The Ecuadorian government is also working on the Southern Viaduct Project, which will connect the port to El Oro province and the southern part of the country via a new road and two bridges. Upon completion, these projects will further improve access to the port to pave the way for more robust trade opportunities for the region.
Currently, CGSA is Ecuador’s top trade facilitator for banana, shrimp, fish, cocoa, and wood; as well as the importation of raw materials, general merchandise, goods, and finished products for consumption. Nearly 85 percent of the country’s imports and exports pass through Guayaquil, due in part to its proximity to agricultural and export zones.
ICTSI Ecuador ready for mega vessels. Contecon Guayaquil SA, the Ecuadorian unit of International Container Terminal Services, Inc. (ICTSI) recently welcomed megavessel CMA CGM Cochin of Chinese flag with 337 meters in length, 48.20 meters in beam, 119,000 deadweight tons (DWT) and has a capacity of 10,010 TEUs last 1 May. With the recent dredging of the 95-kilometer main access channel leading to the country’s primary seaport, the Port of Guayaquil is now able to receive larger vessels serving the intra-Pacific trade.
About CGSA
In March 2007, ICTSI was awarded by the port authority of Guayaquil, Autoridad Portuario de Guayaquil (APG), a 20-year operating concession for the Container and Multipurpose Terminals in Guayaquil, Ecuador. Later in May, a contract was formally signed between APG and Contecon Guayaquil SA, ICTSI’s local operating unit. The terminal handles containerized, general and bulk cargo. (www.cgsa.com.ec)
About ICTSI
Headquartered and established in 1988 in Manila, Philippines, International Container Terminal Services, Inc. (ICTSI) is in the business of port development, management and operations. As an independent business with no shipping, logistics or consignee-related interests, ICTSI works and transacts transparently with any stakeholder in the port community. ICTSI’s portfolio of terminals and projects spans developed and emerging market economies in the Asia Pacific, the Americas, and Europe, the Middle East and Africa. ICTSI has received global acclaim for its public-private partnerships with governments divesting of their port assets to the private sector. (www.ictsi.com)