• 2018 August 22 10:09

    ICTSI supports infra projects in Ecuador

    Contecon Guayaquil, International Container Terminal Services, Inc.’s (ICTSI) largest port project in Latin America, renewed its support and commitment to the Ecuadorian government after the latter announced the construction of the Guayaquil South Viaduct–a 44.2-kilometer road project that would connect the Guayaquil Port with the south-central areas of the country´s coast and the highlands, the company said in its press release.

    The project will establish a more efficient link between the nation’s production centers and the city of Guayaquil, Ecuador´s business capital, and is expected to encourage investments and boost foreign trade.

    “We stand behind the Ecuadorian government in its vision to establish better trade movement and access to the maritime port. This infrastructure project–one of the most important civil developments to be undertaken by the country–is a step in the right direction towards boosting foreign trade and the national economy,” said Jose Antonio Contreras, Contecon Guayaquil Chief Executive Officer.

    “Upon completion, the viaduct will optimize travel time resulting in considerable cost reduction in moving goods and usher more efficient port operations that hopefully lead to a more vibrant economic activity,” he adds.

    Announced during the 483rd anniversary celebration of Guayaquil’s independence, the project is divided into four sections: Cacique Tomala avenue, from South Bridge on the Guayas River, including a 7.6-kilometer bridge on the Cobina River; a 3.4-kilometer Bridge over the Guayas River–the longest in the country; end of the Guayas River bridge to the Puero Inca-Narajal route spanning 21.7 kilometers; and a bifurcation, 11.5-kilometer link with the Duran-Boliche route.

    Meanwhile, the Guayaquil city government also announced it has received four proposals from foreign companies for the dredging of the port’s access channel. Deeper waters would allow larger vessels to call the port, leading to the more efficient movement of import and export commodities.

    In July, Contecon Guayaquil was approved by the government to handle up to 305-meter mega vessels–essentially becoming the first and only container terminal in Ecuador capable of handling two mega vessels simultaneously. This follows the inauguration of the terminal’s new greenfield development in January–an expanded logistics support area capable of handling more than 6,000 containers.

    “These new developments only show ICTSI’s continuing commitment to the development of Guayaquil by consolidating and expanding its position as Ecuador’s main trading gateway. With investments in modern infrastructure, Contecon will progressively raise the bar in container and general cargo handling operations in Ecuador,” said Anders Kjeldsen, ICTSI Vice President and Regional Head for the Americas.

    Ecuadorian President Lenin Moreno, who graced the inauguration, cited ICTSI for its commitment to Guayaquil and for being a good example for the Government’s public-private partnership program.

    “In these [new] facilities, ICTSI invested USD 10 million. In these 10 years, they have already invested USD360 million–USD35 million more than expected. Thank you very much for this. Good for the company, for Guayaquil, and the country,” said President Moreno.

    ICTSI has pledged USD325 million for the 20-year concession period to operate the Guayaquil Container and Multipurpose Terminals at the Port of Guayaquil, which will end in 2027.




2018 September 25

16:57 Shippers suspect sulphur stitch-up
16:29 Kotug Smit Towage performs naming ceremony for tug Southampton
16:20 Portugal joins WISTA International
15:38 Volga Shipping Company named the best in terms of transport security
15:12 Mr. Birkir Hólm Guðnason hired as CEO of Samskip Iceland
14:11 CMA CGM to review sales policy regarding Low Sulphur IMO 2020 Regulation
13:49 NIBULON successfully completed its passenger transportation season
13:11 North Carolina Ports’ terminals resume full commercial operations following hurricane Florence
12:50 Fuel oil prices are going up in the Far East ports of Russia (graph)
12:31 Havila Kystruten selects Havyard to deliver the ship design and extensive equipment package for four new vessels
12:14 European ports welcome Parliament’s explicit support to remove the tax barriers for shore-side electricity for ships
12:01 Long Beach Commission OKs budget for expanded rail yard
11:43 DHT Holdings announces $50 mln scrubber financing
11:32 Nevsky Shipyard takes part in «Marintec Offshore Russia» exhibition
11:00 GTT receives a new order from Samsung Heavy Industries for the tank design of two new LNG carriers
10:55 NYK announces delivery of new wood-chip carrier for Hokuetsu Corporation
10:24 Baltic Dry Index is up to 1,434 points
10:01 Brent Crude futures price up 0.2% to $80.69, Light Sweet Crude – up 0.12% to $72.17
09:38 Yaroslavsky Shipyard lays down oil recovery vessel of Project Р2114 for Transneft
09:15 Audit summary report to be considered by Sub-Committee on Implementation of IMO Instruments

2018 September 24

18:36 DNV GL unveils the complexity of ocean governance in report for the UN Global Compact
18:03 Klaveness Combination Carriers AS announces completion of USD 45.0 million private placement
17:52 Port of Southampton recognised in top 20 under 40 cruise award
17:36 CMA CGM announces GRR from India West Coast to Mozambique
17:03 Metropolitan Plan for Great Newcastle endorses Port of Newcastle vision
16:50 Ust-Luga Container Terminal handles cargo for Nord Stream 2
16:47 Wightlink names its new flagship
16:45 Bomin exits the bunker markets in Singapore and Antwerp
16:43 Hamburg and St. Petersburg strengthen cooperation at the Port Evening
16:33 DNV GL ends operations in Iran by 4th November
16:19 Vladimir Panchenko dredger built by Shipbuilding - Ship Repair Corporation features local content of 90%
16:03 IMO sadness over Nyerere casualty
15:47 Moby Dik terminal starts handling vessels of Sea Connect line
15:33 Wärtsilä inaugurates upgraded EGC test facilities in Norway
15:20 ESPO wants more ambition on harmonisation of data, while maintaining flexibility in reporting systems
15:03 Vinalines to build 2 terminals at $299 mln in Lach Huyen Port
14:46 Port of Antwerp presents smart port of the future at Supernova
14:33 DFDS Seaways raises capacity on route Zeebrugge - Norway
14:18 Feasibility study of concession of state stevedoring companies «Olvia» and «Kherson» presented for acquaintance to potential investors
14:03 Norway’s largest cruise port of Bergen to build Europe’s largest onshore power supply facility
13:59 Sea Port of Saint-Petersburg named one of the best transport infrastructure facilities
13:34 Average wholesale prices for М-100 HFO up to RUB 21,529 in RF spot market
13:11 Okskaya Sudoverf lays down fourth dry cargo carrier of Project RSD32M
12:45 NOVATEK shipped first LNG cargo to Brazil
12:23 Finalists for the Seatrade Maritime Awards in Dubai announced
12:00 Nor-Shipping 2019 takes place in Oslo and Lillestrøm, Norway, from 04 to 07 June 2019
11:16 Longline factory ship Marlin laid down by Severnaya Verf shipyard to feature 40% of local content
10:54 Damen performs float-out of Australian icebreaker
10:52 NOVATEK increases number of Management Board members
10:28 Smart shipping to be under the spotlight at Seatrade Maritime Middle East
10:05 Baltic Dry Index is up to 1,413 points
09:43 Brent Crude futures price up 1.25% to $79.22, Light Sweet Crude – up 1.2% to $71.63
09:21 Freeport of Riga’s project on construction of Krievu Island Terminal enters its final phase
09:00 Vice Premier Han Zheng inspected COSCO-PSA terminal in Singapore
08:14 International maritime community reaffirms cooperation in the Straits of Malacca and Singapore

2018 September 23

10:47 DEME unveils innovative nodule collector pre-prototype ‘Patania II’
10:33 Global Ship Lease secures additional charter coverage and adds Maersk Line to charterer portfolio
10:30 Hapag-Lloyd announces rates from Latin America to North Europe and South Europe

2018 September 21

18:06 Forth Ports wins prestigious award for community work
17:44 NCSP Group's cargo turnover for January–July 2018 totaled 82,351 thousand tons