ICTSI Argentina launches operations
TecPlata, the new container terminal located in Argentina’s Puerto de La Plata, recently began operations, with an opening ceremony that was attended by the vice governor of the province of Buenos Aires, the Minister of Production and several other national, provincial and municipal officials, the company said in its release.
The opening rites were highlighted by the arrival of Jacarandá, a vessel of Log-In, a Brazilian shipping line specializing in door-to-door logistics solutions which recently signed an agreement with TecPlata, a subsidiary of Philippine-based port operator International Container Terminal Services Inc. (ICTSI).
The arrival of the vessel, which has an overall length (LOA) of 218 meters and a cargo capacity of almost 38 tons, marked the start of Log-In’s fortnightly operations at the terminal.
TecPlata, an investment of US$450 million, is the most modern port in Argentina equipped with the latest infrastructure, equipment and computer systems in the industry. It is located only 60 kilometers from Buenos Aires, the country’s capital, and has a total area 41 hectares, 25 hectares of which have been allotted for containers.
About TecPlata
TecPlata, built with an investment of USD450 million on a 41-hectare site, is the most modern container terminal in Argentina. It has an initial capacity of 450,000 TEUs which may be expanded to over 1 million TEUs in the second phase of its planned development. Its marine access, wide turning basin and deep draft are competitive advantages which provide considerable savings in terms of time and operating costs.
About ICTSI
Headquartered and established in 1988 in Manila, Philippines, ICTSI is in the business of port operations, management and development. ICTSI’s portfolio of terminals and projects spans developed and emerging market economies in the Asia Pacific, the Americas, Europe, Middle East and Africa. ICTSI has received global acclaim for its public-private partnerships with governments divesting of their port assets to the private sector.
