Contecon Guayaquil S.A. (CGSA) has signed an investment contract with the Ecuadorian state to further strengthen and develop the Port of Guayaquil. CGSA, International Container Terminal Services, Inc.’s (ICTSI) subsidiary in Ecuador, is investing USD18 million to boost the port’s capacity to handle neopanamax vessels – this project will include three stages.
Stage one will raise the height of quay cranes 5 and 6 from 42 meters to 52 meters, and extend their boom lengths from 50 meters to 56 meters (20 rows).
