ICTSI Mexico gets more new equipment

Chennai:

Port Wings News Network:

Contecon Manzanillo (CMSA), International Container Terminal Services, Inc.’s business unit operating at the Port of Manzanillo, is adding four new state-of-the-art rubber tired gantries (RTG) to its landside equipment fleet to further consolidate cargo movement in Mexico’s most important port.

Representing an investment of USD8 million, the new RTGs will help speed up container loading and unloading times at the terminal. They also reaffirm the company’s commitment to continue strengthening and expanding the port for the benefit of the supply chain.

“With the integration of these RTGs, in addition to the four that we received in the beginning of 2022, we will double our capacity to move cargo–especially by rail–thus adapting to the requirements of the market and our clients,” said José Antonio Contreras, CMSA chief executive officer.

Mr. Contreras added that “the arrival of this equipment, together with the investment of USD230 million in infrastructure and equipment that we are going to start in a few weeks, as well as the construction by ASIPONA of the new exclusive access road to the northern zone of the port and the arrival of the new x-ray equipment for Customs, will consolidate and make the operation of our terminal in Manzanillo more efficient.”

Streamlining CMSA’s operations at the Port of Manzanillo is vital to ensure to the seamless transit of cargo from all over Mexico, especially considering the port’s status as the preferred gateway to the Pacific coast for shippers from Asia.

In June 2010, ICTSI signed a 34-year concession for the development and operation of the Second Specialized Container Terminal (TEC-II) at the Port of Manzanillo in Mexico. ICTSI established a subsidiary, Contecon Manzanillo SA de CV to operate the Port of Manzanillo. Ideally located to serve the growing Asian trade, CMSA is Mexico’s gateway to the Pacific coast and is close to major consumer markets, such as Mexico City and the country’s largest industrial areas. (www.contecon.mx)

Headquartered and established in 1988 in Manila, Philippines, International Container Terminal Services, Inc. (ICTSI) is in the business of port development, management and operations.  ICTSI’s portfolio of terminals and projects are located in developed and emerging market economies in the Asia Pacific, the Americas, and Europe, the Middle East and Africa.  Independent with no shipping or consignee-related interests, ICTSI works and transacts transparently with all stakeholders of the supply chain.  ICTSI continues to receive global acclaim for its public-private partnerships, which are focused on sustainable development, and supported by corporate social responsibility initiatives