• 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.




2019 July 20

15:47 FortisBC secures first export contract for Tilbury LNG facility
13:42 AIDA Cruises plans practical trial of fuel cells abord one of its ships as early as 2021
12:51 Ports of Long Beach, Los Angeles host Clean Truck Program Rate Workshop
11:37 USCG responds to oil slick near Port Aransas, Texas
10:56 Wallem introduces cloud-based software for simpler workflows

2019 July 19

18:10 NYK holds fleet safety promotion conferences for shipowners and ship-management companies
18:04 Incat Tasmania exports new 111 metre ferry to Spain
17:49 World's largest air-cushioned landing craft takes part in Navy Day parade rehearsal in Baltiysk
17:25 Caspian Flotilla ship crews prepare for Naval Parade
17:03 FortisBC secures first export contract for Tilbury LNG facility
16:22 Project documentation for construction of Nizhny Novgorod hydroengineering facility completed - Victor Vovk
16:03 CMA CGM announces GRR from Asia to East and South Africa
15:50 East Mining Company to invest RUB 11.5 billion in development of its coal project in Sakhalin
15:33 Moby names Damen ASD Tug 2813 Vincenzino O. in Cagliari
15:12 Cargotec posts financial report for January–June 2019
14:47 Blagoveshchensk shipyard completed state trials of hydrographic survey vessel of Project 19910
14:33 NYK recognized for implementation of advanced navigation support tool
14:12 Global Ship Lease announces new charter agreement
13:51 150 graduates of Moscow State Water Transport Academy awarded with diplomas
13:30 RF Government includes NOVATEK’s LNG terminal project into area planning scheme
13:12 Port of Long Beach releases draft Master Plan update
13:07 Epic Gas Ltd. completes acquisition of two vessels of four LPG carriers
12:24 USCG finds federal fisheries violations aboard 5 recreational fishing vessels
12:11 IMO Council condemns tanker attacks in Strait of Hormuz and Sea of Oman
11:31 Naval Group reports order intake growth in H1 to 3.9bn euro
11:14 Ice-breaking LNG carrier for Yamal LNG Project named NIKOLAY URVANTSEV
10:58 Minister of Transport of Malaysia visits World Maritime University
10:26 Saudi Arabia accedes to two important IMO treaties
09:55 Bunker prices are slightly down at the port of Saint-Petersburg, Russia (graph)
09:50 MABUX: Bunker market this morning, July 19
09:33 Brent Crude futures price is up 1.91% to $63.11, Light Sweet Crude – up 1.48% to $56.12
09:16 Baltic Dry Index is up to 2,130 points

2019 July 18

18:05 Future expectations for MPS Terminal 3 in the port in Tema outlined with Government delegation
17:24 PGNiG acquires interest in another gas field in the North Sea
17:18 DNV GL supports 2020 sulphur compliance with online Ship Implementation Plan
17:05 OOCL announces new Middle East / Indian Subcontinent – North Europe Service
16:35 Consortium including DEME and Jan De Nul explores pioneering high-wave offshore solar technology
16:07 Large maritime market players join hands to create high-wave offshore solar panels
15:52 State Duma makes it easier for foreign tourists to visit Russia’s Arctic
15:35 Incat Tasmania delivers new 111-metre ferry to Spain operator Naviera Armas
15:18 Hapag-Lloyd launches South-East India – Europe Express Service // IEX to start operations in October 2019
15:01 Operation ATALANTA welcomes ESPS CANARIAS
14:26 Bunker prices are slightly down at the Far East ports of Russia (graph)
14:00 Diana Shipping announces time charter contract for m/v Selina with Ausca
13:44 PortNews Media Group's anniversary celebration photo release
13:22 Aleksey Khaidukov as President of Novoship
13:00 Global Ports Holding invites proposals for Duty Free and Travel Retail operations at Malaga, Zadar, Cagliari and Catania cruise ports
12:47 East Mining Company eyes arranging offshore transshipment of coal in Kamchatka under Tata project
12:09 Wärtsilä posts financial results for January-June 2019
11:53 Construction of LNG-powered icebreakers to be financed by NOVATEK – Vyacheslav Ruksha
11:31 RF Deputy PM Maksim Akimov set a task to begin dredging in the Gulf of Ob not later than on 1 August 2019
11:09 Port of Muuga strengthened with new ferry connection to Finland
10:48 Primorsky MRC terminal to offer fully closed transshipment of loose cargo
10:30 MAN Energy Solutions gets subsea compression FEED order from Chevron
10:09 Port of Lowestoft names new state-of-the-art pilot boat
09:56 MABUX: Bunker market this morning, July 18
09:50 APM Terminals Callao launches Peru’s first digital customer platform
09:34 Brent Crude futures price is up 0.17% to $63.77, Light Sweet Crude – up 0.02% to $56.79
09:16 Baltic Dry Index is up to 2,064 points

2019 July 17

18:13 USCG responds to boat collision, assists 4 injured