Contecon Guayaquil S.A. (CGSA), International Container Terminal Services, Inc.’s (ICTSI) Ecuadorian port business, has forged a significant partnership with COSCO Shipping Specialized Carriers.
ICTSI said that, under the partnership, CGSA will handle COSCO’s general cargo ships at the Port of Guayaquil for the next three years.
The partnership aligns with CGSA’s objectives to expand its client base, set the regional standard for service, and consolidate the Port of Guayaquil’s position as Ecuador’s main logistics hub.
CGSA has handled six COSCO vessels since the beginning of the year and anticipates at least one vessel per month moving forward.
“Our commitment to innovation, outstanding customer service, and sustainable development in the port sector is stronger than ever.
“Moreover, our handling of project cargo plays a crucial role in supporting major investment projects across the country, significantly boosting economic growth and advancing regional port infrastructure,” said CGSA Chief Executive Officer Javier Lancha.
COSCO Shipping Specialized Carriers, a division of China COSCO Shipping Corporation Limited, operates and manages a fleet of over 100 vessels including multipurpose and heavy lift ships, semi-submersible vessels, and carriers for automobiles, logs, and asphalt.
This fleet, the largest of its kind globally, establishes COSCO Shipping Specialized Carriers as a worldwide leader in maritime transport.
In March 2007, ICTSI was awarded by the port authority of Guayaquil, Autoridad Portuario de Guayaquil (APG), a 20-year operating concession for the Container and Multipurpose Terminals in Guayaquil, Ecuador.
Later in May, a contract was formally signed between APG and Contecon Guayaquil SA, ICTSI’s local operating unit. The terminal handles containerized, general and bulk cargo.