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ICTSI adds new equipment in Mexico terminal

International Container Terminal Services, Inc’s (ICTSI) terminal in Manzanillo, Mexico is adding four yard cranes.

Michele Labrut, Americas Correspondent

September 13, 2022

1 Min Read
New cranes arriving at ICTSI's Mexico terminal
Photo: ICTSI

ICTSI’s Mexico’s Contecon Manzanillo (CMSA), is adding four new rubber-tyred gantries (RTG) to its landside equipment fleet to further consolidate cargo movement at the gateway port.

The new $8m-RTGs will help speed up container loading and unloading times at the terminal. They also reaffirm the company’s commitment to continue strengthening and expanding the port for the benefit of the supply chain.

“With the integration of these RTGs, in addition to the four that we received in the beginning of 2022, we will double our capacity to move cargo–especially by rail–thus adapting to the requirements of the market and our clients,” said José Antonio Contreras, CMSA Chief Executive Officer.

 “The arrival of this equipment, together with the investment of $230m in infrastructure and equipment that we are going to start in a few weeks, as well as the construction by ASIPONA of the new exclusive access road to the northern zone of the port and the arrival of the new x-ray equipment for Customs, will consolidate and make the operation of our terminal in Manzanillo more efficient,” he added.

Streamlining CMSA’s operations at the Port of Manzanillo is vital to ensure to the seamless transit of cargo from all over Mexico, especially considering the port’s status as the preferred gateway to the Pacific coast for shippers from Asia.

Related:ICTSI global container volumes grow 5% in H1

ICTSI registered revenue of $1.06bn, an increase of 20% from the $882.6m reported for the first six months of 2021.

 

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About the Author

Michele Labrut

Americas Correspondent

Michèle Labrut is a long-time Panama resident, a journalist and correspondent, and has continuously covered the maritime sector of Central & Latin America.

Michèle first came to Panama as a press attaché to the French Embassy and then returned to the isthmus as a foreign correspondent in the 1980s.

Author of Seatrade Maritime's annual Panama Maritime Review magazine and of several books, Michèle also wrote for Time magazine, The Miami Herald, NBC News and the Economist Intelligence Unit. She has also collaborated in making several documentaries for the BBC and European and U.S. television networks.

Michèle's profession necessitates a profound knowledge of the country, but her acumen is not from necessity alone, but a genuine passion for Panama.

In 2012 she was awarded the Order of Merit (Knight grade) by the French Government for her services to international journalism and in 2021 the upgrade to Chevalier grade.

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