International Container Terminal Services, Inc. (ICTSI) has opened its TecPlata facility, billed as the most modern container terminal in Argentina.
The opening comes amidst a period of substantial uncertainty in the country’s port sector with three container terminal concessions soon to expire in the Puerto Nuevo complex at the Port of Buenos Aires and confusion over the new concession process.
Tecplata is located 60 km from Argentina’s capital Buenos Aires and has a total area of 41 ha, of which 25 ha has been allotted for containers.
Representing an investment of US$450m, the terminal is equipped with the latest infrastructure, equipment and computer systems in the industry.
The terminal has an initial capacity of 450,000 teu, however, this can be expanded to twice its existing capacity to 1m teu.
Referring to the start of the terminal’s operations, TecPlata CEO Bruno Porchietto said: “This was a long-awaited milestone and, from here on, our terminal will stand apart for its efficiency, competitiveness and transparency.”
The opening rites were highlighted by the arrival of Jacarandá which is a vessel operated by Log-In, a Brazilian shipping line specialising in door-to-door logistics.
The vessel, which has an overall length of 218 m and a cargo capacity of almost 38 tonnes, marked the start of the shipping line’s fortnightly operations at the terminal.
Porchietto said: “This is the first step for the company, and we firmly believe that this will pave the way for new agreements with more operators to maximise our current installed capacity of 450,000 teu.”