International Container Terminal Services Inc. (ICTSI) said on Thursday its terminal in Colombia breached the one-million twenty-foot equivalent unit (TEU) mark this month.
Sociedad Puerto Industrial de Aguadulce (Puerto Aguadulce) handled its one millionth TEU despite the challenges in 2020, when most countries imposed various levels of lockdowns, reflecting the “growing options and opportunities for foreign trade in Colombia,” said Miguel Abisambra, Puerto Aguadulce General Manager.
“The one millionth container represents our efforts to generate social and economic development in Buenaventura. The special characteristics of our terminal and the highly trained and dedicated staff make it possible to generate more options and connections, as well as attract more investments and opportunities for the country,” he said.
Puerto Aguadulce started commercial operations in 2016 and has since become one of the most productive and efficient ports in Colombia. ICTSI operates the port through a joint venture with PSA International Pte Ltd. The partners have a 60-year concession period for the port.
The terminal has a capacity of 600,000 TEUs for its first phase of development and is fully capable of handling mega ships with capacities of up to 18,000 TEUs.
“Despite the adversities of 2020 for the global economy, we started the new year with this positive news, which re-affirms our efforts and our drive towards providing a great gateway for cargoes in the Colombian Pacific region,” Abisambra said.
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.