International Container Terminal Services Inc. (ICTSI) said its Ecuador operation, Contecon Guayaquil S.A. (CGSA) has now facilitated 135 million tons of cargoes at the Port of Guayaquil, 16 years after operation started.
“The achievement is a testament not only to the Port of Guayaquil’s position as Ecuador’s main seaport, but also to CGSA’s commitment to operational efficiency, innovation, safety and sustainability — values that serve as the foundation of CGSA’s identity and role as a growth driver for Ecuador’s foreign trade,” the global port terminal operator said.
“With more than$360 million invested since the beginning of our operation, we have created a world-class terminal with vast infrastructure, technology and equipment, contributing to the economic development of the country and the generation of jobs. More than a port, we are the strategic partner that makes Ecuador go further,” added Javier Lancha, CGSA chief executive officer.
Lancha said that as a gateway to a substantial portion of the entire Ecuadorian market volume, CGSA is optimistic about 2023 and on pace to move more than 900,000 TEUs before the end of 2023, an increase of more than five percent compared to 2022.
“CGSA is currently the only terminal in Ecuador capable of handling three neo-Panamax ships simultaneously alongside thanks to its 1,300-meter quay. Recent dredging works at the foot of the pier have increased the depth to 13.5 meters, allowing the terminal to receive the largest vessels operating on the Pacific Coast of South America,” Lancha said.
