Tuesday , 19 November 2019
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ICTSI Mexico reaches 4m teu milestone
CMSA is currently undergoing an expansion

ICTSI Mexico reaches 4m teu milestone

Contecon Manzanillo S.A. (CMSA), the Mexican subsidiary of nternational Container Terminal Services, Inc. (ICTSI), recently achieved its 4m teu milestone as the company embarks on expansion works to increase capacity.

Fortino Landeros, CEO of CMSA, said: “More than hitting our targets, this new record demonstrates Contecon Manzanillo’s capability to continuously outpace market growth, and readiness in building a strategic gateway for trans-Pacific trade—making our terminal one of the fastest growing gateways in the Americas.”

The milestone comes at a time of continued investments by ICTSI to expand Mexico’s largest trading gateway in the Pacific and improve fluidity at the port.

The operator recently embarked on a MXN2.5m (US$0.1m) second phase expansion of the terminal’s yards and entry and exit gates, and investments in cutting-edge technology and training of its personnel.

Once completed, this increases Contecon’s capacity by up to 50%, from 1.2m teu at present to 1.6m teu by 2020 – giving substantial flexibility to absorb the projected increase in cargo volume.

Complementing these landside improvements will be two more quay cranes and five yard cranes that are scheduled to arrive by the fourth quarter of 2019.

This places Contecon as the only terminal in Manzanillo fully-equipped to service the largest vessels plying intra-Pacific routes.