Philippine-based port operator International Container Terminal Services Inc (ICTSI) announced that it is looking to operate and manage the Peruvian port of Muelle Norte, which is located on Peru's Callao region, reported Philippines News Agency.
The country's premier terminal operator made this statement shortly after it submitted an intent to manage the said facility to the Peruvian port officials.
If successful, ICTSI will invest in and manage the port while Peru’s national port operator Enapu will operate the facility.
ICTSI is the third private port operator to offer to modernise Muelle Norte, after DP World, which offered a US$1.3 billion initiative in 2008 and APM Terminals, which offered $1.9 billion last February.
Should ICTSI be awarded the contract, the terminal operator will add Muelle Norte to its stable of ports in the Americas, which comprises Tecon Suape in Brazil, Port of Guayaquil in Ecuador, the Port of Buenaventura in Columbia, and Tecplata in Argentina.
Last year, ICTSI’s American operations were relatively flat, with its facilities handling 876,200 TEUs from 884,596 TEUs in 2008 due primarily to the contraction in volume at Tecon Suape.
Volume at CGSA in Ecuador, however, increased six percent due to growth related to the containerisation of banana exports.
The share of the container volume from the Americas slightly grew from 24 percent in 2008 to 25 percent in 2009.
The country's premier terminal operator made this statement shortly after it submitted an intent to manage the said facility to the Peruvian port officials.
If successful, ICTSI will invest in and manage the port while Peru’s national port operator Enapu will operate the facility.
ICTSI is the third private port operator to offer to modernise Muelle Norte, after DP World, which offered a US$1.3 billion initiative in 2008 and APM Terminals, which offered $1.9 billion last February.
Should ICTSI be awarded the contract, the terminal operator will add Muelle Norte to its stable of ports in the Americas, which comprises Tecon Suape in Brazil, Port of Guayaquil in Ecuador, the Port of Buenaventura in Columbia, and Tecplata in Argentina.
Last year, ICTSI’s American operations were relatively flat, with its facilities handling 876,200 TEUs from 884,596 TEUs in 2008 due primarily to the contraction in volume at Tecon Suape.
Volume at CGSA in Ecuador, however, increased six percent due to growth related to the containerisation of banana exports.
The share of the container volume from the Americas slightly grew from 24 percent in 2008 to 25 percent in 2009.