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Yilport continues expansion of Puerto Bolivar terminal, Ecuador

Yilport is continuing expansion of its Puerto Bolivar terminal in Ecuador on the South America West Coast.

Two mobile harbour cranes (MHCs) are expected to arrive at the end of August bringing the number of MHCs to four units in operation in November 2019 as part of its phase one expansion.

Yilport Holding holds a 50-year concession to operate Puerto Bolívar in Machala City, Ecuador since August 2016. This is also the largest Turkish investment in Latin America. Puerto Bolívar will increase the capacity to 2.5m teu over five phases of investment and modernisation.

Other phase one investments in Yilport Puerto Bolívar include six STS gantry cranes and 18 electrified rubber-tired gantry (e-RTG) cranes to be delivered by Mitsui E&S Machinery Co. These gantry cranes will be delivered in three shipments to complete Yilport’s concession commitment for Puerto Bolívar.

The first shipment of two STS gantry cranes with 22-row outreach and six e-RTG cranes will be delivered in January 2020. The second and third shipments to include four STS with 24-row outreach and 12 e-RTG cranes will be shipped on July 2020 and January 2021.

After the completion of first phase of dredging operations, the channel and the port currently have minus 14.5 metres draught and then a second part of dredging operation will bring the draught to minus 16.5 metres to allow Yilport Puerto Bolivar to serve largest container vessels.

“Yilport Holding continues to invest in Puerto Bolívar to elevate the port among the leading terminals capable of handling ultra-large container vessels in the West Coast of Latin America. Our strong growth in 2018 with 27% volume increase is a clear proof of our never-ending efforts to get better and dominate the market in the region,” said Robert Yuksel Yidrim, chairman of Yilport Holding.

“Our investments are just the tip of the iceberg for our plan to create not only Ecuador’s but also Latin America’s one of the greatest terminals. After receiving shipments of our gantry cranes, our port will be a complete ‘game changer’ in the region.”