ICTSI Croatia to Get New Equipment for Terminal

Adriatic Gate Container Terminal j.s.c. in Rijeka, Croatia recently signed an agreement with Shangai Zhenhua Heavy Industries Co. Ltd. for the delivery of new equipment for the terminal.

These equipment include two post Panamax quay cranes, eight rubber tired gantries and rail mounted gantries.

Delivery of all equipment is expected during May 2013, which coincides with the readiness of a new quay extension having a depth of 14.5 meters alongside and a total yard area of almost 80,000 square meters.

The new equipment will allow servicing of post Panamax vessels, which, though calling at the terminal today, cannot at present be worked to their full capacity. The deliveries will also coincide with the commencement of a full intermodal connection to the hinterland. With this, regular trains are expected to operate shortly between Rijeka and Belgrade, Serbia and Budapest, Hungary.

This investment corresponds to the agreements made and signed for the privatization of the terminal in April 2011 with Luka Rijeka j.s.c., also a partner in the terminal.

In 2011, ICTSI signed an agreement with Luka Rijeka for a 30 year partnership for the operation, management and development of AGCT. The terminal is being primed to become the international trading gateway for central and southeastern Europe serving Hungary, Czech Republic, Slovakia, south Poland, Serbia, Bosnia and Herzegovina, all of which are natural hinterlands of the Port of Rijeka.

AGCT is a subsidiary of International Container Terminal Services, Inc. (ICTSI) a leading port management company involved in the operations and development of 23 marine terminals and port projects in 17 countries worldwide. ICTSI was among the first international terminal operators to take its expertise overseas.

[mappress]

Source: ICTSI, May 10, 2012