• 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 February 19

17:03 Jan De Nul and Government of the People’s Republic of Bangladesh enter into agreement for the development and dredging of access channels, turning basins, anchorages and berthing areas
16:29 TMA Logistics, CTU and VCL join forces to establish Amsterdam-Utrecht-Rotterdam-Corridor
16:21 NIBULON shipbuilders finish constructing a series of POSS-115 Project tugs
16:03 MOL conducts underwater drone demonstration test for vessel bottom inspection
15:25 Wärtsilä’s propeller cap EnergoProFin listed in EcoAction Program
15:02 ICTSI's Matadi Gateway Terminal unlocks shipping system benefits
14:40 2nd conference on transportation of dangerous cargoes to address application of IMDG Code and ADR Agreement in Russia
14:02 Havyard to deliver ship design for further two cargo vessels for Royal Arctic Line
13:33 Ecochlor announces BWMS retrofit contract with Alaskan Tanker Company
13:02 GTT notified by Samsung Heavy Industries for the tank design of a new LNG carrier for Navigare
12:30 Gas4Sea partners and Equinor signed an LNG bunkering agreement
12:24 Social allocations of Multipurpose Reloading Complex grew by 22% YoY to RUB 3.8 million in 2018
12:01 Rail traffic at the Port of Gothenburg up to 398,000 TEUs in 2018
11:43 International best practices are introduced at ASCO to protect sailors health
11:41 Port of Hamburg sets record for seaport-hinterland rail traffic in 2018
11:39 IMO’s Sub-Committee on Pollution Prevention and Response meets this week
11:18 Concordia Damen celebrates naming of innovative Sendo Liner
11:15 ASCO hosted a training course for instructors
10:47 24 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on February 18-19
10:22 ABP bolsters business with paper company joining Port of Hull
09:58 Brent Crude futures price is down 0.42% to $66.22, Light Sweet Crude – down 0.38% to $56.19
09:40 BIMCO demands 4th IMO GHG Study based on realistic economic growth
09:19 Baltic Dry Index is up to 643 points

2019 February 18

18:06 Algoma announces the Algoma Conveyor is headed for Canada
17:36 Maersk Line announces rates from Mediterranean to West and Central Asia
17:06 CMA CGM announces FAK rates from ISC to North Europe and the Mediterranean
16:41 MAN Energy Solutions launches new TCT turbocharger series
16:26 VSC receives positive conclusion of state environmental expertise
16:02 Herbert-ABS releases HECSTAB Offshore
15:31 PPR 6 preview: IBIA working for sensible 2020 solutions at IMO meeting
15:02 Suez Canal extends its dry bulk vessels tolls reduction
14:43 Gazprom and Almaz-Antey Corporation sign contract for batch manufacturing of subsea production equipment
14:20 Average wholesale prices for М-100 HFO up to RUB 15,842 in RF spot market
14:02 MOL Chemical Tankers acquires 20% share of Dutch tank container company Den Hartogh
13:39 2nd Hydraulic Engineering Structures and Dredging Congress to gather over 200 Russian and foreign participants
13:15 ONE unveils enhanced intra-Asia Japan service network for 2019
12:51 Nakhodka Trade Sea Port and Damen sign contract on delivery of tug by summer 2019
12:18 33 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on February 17-18
11:53 World Maritime University signs MoU with Jordan Academy for Maritime Studies
11:30 Coastal fish assessments to continue in Baltic Sea with renewed HELCOM project
11:07 Fincantieri starts dry dock works on ultra-luxury cruise ship "Silver Moon"
10:55 Finnpilot Pilotage amendments its service terms during validity of winter assistance restrictions
10:26 ASCO is interested in cooperation with prominent shipping companies
10:07 Diana Shipping announces the sale of two Panamax dry bulk vessels and time charter contracts for m/v Crystalia and m/v Maera with Glencore
09:40 Brent Crude futures price is up 0.17% to $66.36, Light Sweet Crude – up 0.45% to $56.23
09:21 Baltic Dry Index is up to 639 points
09:07 Panama Canal Board of Directors appoints new Canal Administrator and Deputy Administrator
08:07 IMO conducts training course to enhance maritime security in Kenya
07:32 Valencia hosts first internal technical meeting of European project “H2PORTS - Implementing Fuel Cells and Hydrogen Technologies in Ports”

2019 February 17

16:59 Coast Guard responds to vessel fire near Rockport, Texas
15:09 Kleven Shipyard delivers to Maersk the AHTS Maersk Maker
14:33 Danube high-speed low-wash ferry offers new level of efficiency and reliability
13:21 Interorient Marine Services Ltd. convicted and sentenced for oil discharge
12:39 USCG assists in rescue of five people from sunken vessel near Dutch Harbor
11:01 European ports welcome agreement on the European Maritime Single Window environment

2019 February 16

16:15 Ribbon-cutting kicks off ICTSI´s Batumi terminal expansion project
14:42 Höegh’s RoRo solution chosen for 112MT Transformer shipment
13:28 Torqeedo wins Innovation Award at Miami International Boat Show for powerful new inboard electric propulsion system
12:13 Telford Offshore beefs up its fleet
10:26 Chevron inks new LNG agreement with GS Caltex