Manila-based International Container Terminal Services, Inc. (ICTSI) has won the bid to develop and operate the container and general cargo terminal in Puerto Cortes in Honduras.

The announcement for the 30-year contract was made during a public hearing held on February 1, 2013 in Tegucigalpa, Honduras.

The container and general cargo terminal will have 1,100 meters of quay for containers and 400 meters for general cargo, 14 meters of draft (that can reach 15 meters), 62.2 hectares of total surface area, 12 STS cranes and an annual volume capacity of approximately 1.8 million TEUs.

Image courtesy of www.enp.hn/web/index.html

You May Also Like

DA starts process to impose safeguard duty on rice imports

The Department of Agriculture (DA) has launched investigations that will lead to the imposition of a general safeguard duty on rice imports to arrest…

Asia-N Europe rates still falling despite trade growth—Drewry

The fight for more market share on the Asia-Northern Europe trade lane has ocean carriers making erratic freight rate adjustments over the last couple…

World Bank study highlights policy barriers to PH shipping industry

Prohibitive policies that hinder open competition in the Philippines might be the reason for the weak state of the domestic shipping industry, according to…

Changi Airport freight traffic up 2.8% in 2011

A strong performance in December and new freighter services spiked Singapore Changi Airport’s statistics in air cargo traffic in 2011. Air freight movements recovered…