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International Shipping
ICTSI Mexico achieves 4 million TEU milestone amid capacity expansion
Date:2019-09-04 Readers:

THE Mexican subsidiary of Manila's International Container Terminal Services Inc (ICTSI) at the port of Manzanillo, Contecon Manzanillo SA de CV (CMSA), handled a milestone four million TEU in the year to date, and while undergoing an expansion programme to raise capacity.

CMSA chief executive officer Fortino Landeros said in a company statement: "More than hitting our targets, this new record demonstrates Contecon Manzanillo's capability to continuously outpace market growth, and readiness in building a strategic gateway for transpacific trade - making our terminal one of the fastest growing gateways in the Americas."

Parent ICTSI has been investing in CMSA to "improve fluidity at the port." It is currently working on the second expansion phase of the terminal's yards and entry and exit gates, and has been upgrading the terminal's technology and training personnel at a cost of MXN2.5 million (US$124,613).

"Along with further investments in port equipment and systems, we continue to work hand-in-hand with our customers to improve the efficiency of our operations and processes, and inevitably make their experience a more pleasant one," said Mr Landeros.

Once completed, the expansion works will boost Contecon's capacity by up to 50 per cent, from 1.2 million TEU at present to 1.6 million TEU by 2020, "giving substantial flexibility to absorb the projected increase in cargo volume at Manzanillo's largest port," the company said.

Complementing these landside improvements will be two more quay cranes and five yard cranes scheduled to arrive by the fourth quarter. This places Contecon as the only terminal in Manzanillo fully-equipped to service the largest vessels plying intra-Pacific tradelanes.

 

http://www.shippingazette.com/news/news_frame.asp?encode=eng&ctry=&bookmark=EN1

 

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