International Container Terminal Services Inc.'s unit in Ecuador, Contecon Guayaquil S.A., marked a milestone in its 16-year operation at the Port of Guayaquil by handling 135 million tons of cargo.

"The achievement is a testament not only to the Port of Guayaquil's position as Ecuador's main seaport but also to CGSA's commitment to operational efficiency, innovation, safety, and sustainability "values that serve as the foundation of CGSA's identity and role as a growth driver for Ecuador's foreign trade," ICTSI said in a statement issued on Wednesday.

"With more than $360 million invested since the beginning of our operation, we have created a world-class terminal with vast infrastructure, technology and equipment, contributing to the economic development of the country and the generation of jobs. More than a port, we are the strategic partner that makes Ecuador go further,"€ according to Javier Lancha, CGSA chief executive officer.

CGSA handles containerized, general and bulk cargo at the Libertador Simon Bolivar Container and Multipurpose Terminal in Ecuador.

As the gateway to a substantial portion of the entire Ecuadorian market volume, CGSA is optimistic about 2023 and on pace to move more than 900,000 TEUs before the end of 2023, an increase of more than five percent compared to 2022.

Neo-Panamax port

CGSA is currently the only terminal in Ecuador capable of handling three neo-Panamax ships simultaneously because of its 1,300-meter quay.

Recent dredging works at the foot of the pier have increased the depth to 13.5 meters, allowing the terminal to receive the largest vessels operating on the Pacific Coast of South America.

Other recent developments at CGSA include the installation of scanners to enhance security, the implementation of private LTE network technology to support digital transformation, and the launch of the Port-to-Door platform that allows customers to track their cargo in real-time using the CGSA App.

In March 2007, ICTSI was awarded by the port authority of Guayaquil or Autoridad Portuario de Guayaquil a 20-year operating concession for the Container and Multipurpose Terminals. Later in May, a contract was formally signed between APG and CGSA. The terminal handles containerized, general and bulk cargo.