New Colombia Container Port to be Developed

MarineLink.com
Thursday, September 19, 2013
Photo courtesy of Port of Aguadulce

International Container Terminal Services, Inc. ("ICTSI") and PSA International Pte. Ltd. ("PSA"), through their  subsidiaries, have signed an agreement to jointly develop, construct and operate the container port terminal and ancillary facilities located in the Peninsula of Aguadulce, Buenaventura, Valle del Cauca, Colombia.

The agreement involves PSA´s investment in Sociedad Puerto Industrial Aguadulce S.A., an indirect subsidiary of ICTSI, which holds the 30-year concession for the Aguadulce Port Project granted by the Agencia Nacional de Infraestructura of Colombia.


"We are delighted to partner with ICTSI and co-invest in the Aguadulce Port Project. ICTSI and PSA will bring our complementary strengths to ensure this greenfield terminal supports the growing demand for trade and logistics in Colombia, amidst the improving business environment in the region," says Tan Chong Meng, PSA Group CEO.


ICTSI is a leading port management company involved in the operation and development of marine terminals and port projects worldwide.

 Their flagship Manila International Container Terminal (MICT),  recently achieved its 25-millionth TEU mark since its privatization in 1989.

PSA is one of the leading global port groups with port projects across Asia, Europe and the Americas and flagship operations in Singapore and Antwerp.


Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Boscalis to Get IJsseldelta 'Room for the River' Contract

Royal Boskalis Westminster N.V. (Boskalis) say that the Dutch Department of Public Works and the province of Overijssel intends to award the contract for the IJsseldelta polder to them.

Shipbuilders Vard Report Financial Fair Sailing

Designers and shipbuilders of offshore and specialised vessels, Vard Holdings, has announced its financial results for the second quarter of financial year 2014 (“2Q2014”),

Panama Canal: New Lock Gates Transferred to Atlantic Side

ACP informs that the Panama Canal Expansion has reached another important milestone with the transfer of the first gates to the new locks complex in the Atlantic side.

Ports

AAPA Elect Kristin Decas as Next Chairman

The American Association of Port Authorities (AAPA) informs it has elected Kristin Decas, CEO and port director for the Port of Hueneme (Calif.) as its incoming

Panama Canal: New Lock Gates Transferred to Atlantic Side

ACP informs that the Panama Canal Expansion has reached another important milestone with the transfer of the first gates to the new locks complex in the Atlantic side.

AKR Corporindo to Spend 2.3 trln rph on Industrial, Port Project

PT AKR Corporindo, a distributor of basic chemicals and petroleum products, plans to spend 2.3 trillion rupiah ($198.84 million) on investment in the second half of this year,

Container Ships

Hamburg Süd Launches Free App

Hamburg Süd has just released a free app for smartphones and tablets that is available for its customers to download. The Hamburg Süd app allows customers to access information about Track & Trace,

Trelleborg Systems for DP World Southampton

Trelleborg’s marine systems operation has been awarded the contract to supply more than 70 UE1000 Unit Element fender systems to DP World Southampton. The new systems,

Containership Consortia Set for Further Expansion: Analyst

The formation of 2M is only the conclusion of the latest round of mega-alliance negotiations. Much more lies ahead, considers Drewry Maritime Research in their latest 'Container Insight' analysis,

Logistics

Germany as a Maritime Location Endangered: VDR

Germany, which currently is home to the world’s biggest container vessel fleet, will in future have fewer small shipping firms as European banks avoid the industry

AAPA Elect Kristin Decas as Next Chairman

The American Association of Port Authorities (AAPA) informs it has elected Kristin Decas, CEO and port director for the Port of Hueneme (Calif.) as its incoming

Panama Canal: New Lock Gates Transferred to Atlantic Side

ACP informs that the Panama Canal Expansion has reached another important milestone with the transfer of the first gates to the new locks complex in the Atlantic side.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Navigation Pipelines Port Authority Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1295 sec (8 req/sec)