Guayaquil Dredging Pays Off

Business & Finance

Terminal Portuario Guayaquil (TPG) achieved a record in Ecuadorian and regional port history on January 17 by welcoming the largest vessel to ever dock at a Latin American port and inaugurating the recently completed works to deepen the sea and estuary access channels that connect the sea buoy with the port terminals. 

Image source: Jan De Nul

Commenting the latest milestones, TPG CEO Luisenrique Navas said: “The modernization work was key to the port receiving a vessel of this size. We invested $25 million, which prepared us to operate with the new dredging, the deepened berth, cranes and other works.”

“Our terminal represents 40% of Ecuador’s throughput of import and export containers and moves an average of 16,500 TEUs each week. Therefore, what we are inaugurating today will, without a doubt, have a major impact on the Ecuadorian port system.”

The dredging work was completed by Canal Guayaquil, a subsidiary of the Luxembourg based company Jan De Nul, which will maintain the channel for the next 24 years.

Under the project, they dredged the 92-kilometer channel and eliminated a rocky area known as Los Goles, which was an obstacle for ships.

The channel was deepened from 9,5 meters to 12,5 meters or 13 meters, depending on the tides.