Contecon Manzanillo (CMSA), International Container Terminal Services Inc. (ICTSI)’s business unit at the Port of Manzanillo, Mexico, is adding four new state-of-the-art rubber-tyred gantries (RTG).
Representing an investment of $8 million, the new RTGs will help speed up container loading and unloading times at the terminal according to ICTSI.
“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 CEO.
Contreras added: “The arrival of this equipment, together with the investment of $230 million 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.”
Last month, ICTSI posted revenue from its global port operations, boasting strong operational and financial results amidst external challenges.
The company registered revenue of $1.06 billion, an increase of 20 per cent from the $882.6 million reported for the first six months of 2021.