Saturday , 18 January 2020
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Hutchison Port Holdings (HPH) officially handed over the Port of Manta to Terminales Internacionales de Ecuador (TIDE) on January 31, 2007, marking the start of a 30-year concession agreement signed in November 2006. Manta is a natural deepwater port located in Ecuador on the Pacific Coast of South America.

TIDE takes over at Port of Manta

When all planned phases of development are completed, TIDE will have a total quay length of 1,700 m, depths alongside of up to 16 m and a total area of 63 ha. It will be capable of handing bulk, general cargo, vehicle imports and exports and cruise traffic. A new fishing terminal will also be built alongside.

The new terminal will target in particular trade between South America and Asian countries. Captain Paul Gallie, general manager of TIDE, commented: “The Port of Manta is strategically located on the West Coast of Latin America, within one hour’s distance from international shipping routes, making it the ideal first port of call in the region by global shipping lines. We plan to develop TIDE into a modern cargo-handling facility that provides world-class services to global carriers and attracts international trade activities to Ecuador.”