Grup TCB to build new container terminal in Puerto Quetzal

Costing around US$250m the terminal will be developed in phases. In phase one, US$120m will be invested to build 300 m of berth with an alongside depth of 12.5 m and a 13 ha yard. Phase three will extend the yard to 21 ha and berth length to 540 m with minimum 14 m depth alongside. Equipment will include four STS gantries, one mobile harbour crane and twelve RTGs.

Puerto Quetzal will be Grup TCB’s twelfth global terminal subsidiary, and the fifth in the Americas. It will also be Grup TCB’s second terminal on the Pacific coast after TCBuen in Colombia.

The Port of Quetzal began operating in 1983 and according to the Economic Commission of Latin America and the Caribbean ECLAC), port throughout amounted to 150,799 teu in the first half of 2012. In signing the contract with Grup TCB the port authority hopes to increase the port’s competitiveness and increase the volume of cargo in line with the sustained growth of the economy in recent years.