Port Operator ICTSI to Double Capacity at Congo Terminal

December 5, 2019

© Mike Mareen / Adobe Stock
© Mike Mareen / Adobe Stock

Philippines-based port operator International Container Terminal Services Inc. (ICTSI) will more than double the capacity of its container terminal in Congo as part of a $100 million expansion, the company said on Thursday.

Located on the Congo River, the port city of Matadi, where ICTSI operates the Matadi Gateway Terminal (MGT) under a joint venture with Congolese property management company SIMOBILE, is the Democratic Republic of Congo's primary shipping hub.

The planned expansion will bring MGT's throughput capacity up to 400,000 containers annually.

Upgrades include an extension of the quay from 375 meters to 500 meters, a doubling of the terminal yard area and the acquisition of new equipment.

Plans to implement a public private partnership from next year to dredge the Congo River to a depth of 12.5 meters should lower marine freight rates and increase Matadi's competitiveness, ICTSI said.

With a portfolio largely focused on emerging markets, ICTSI operates ports across Asia, Australia, the Americas and Africa, where, in addition to its Congo port, it also runs a container terminal in Madagascar. 

(Reporting by Joe Bavier; Editing by Elaine Hardcastle)

Logistics News

Ship Design, Maritime Accidents and There’s a Master on the Run

Ship Design, Maritime Accidents and There’s a Master on the Run

Maersk: Effective US Tariffs Average Around 21% Currently

Maersk: Effective US Tariffs Average Around 21% Currently

US Grain Shipments Surge 9% in face of Chinese Tariffs

US Grain Shipments Surge 9% in face of Chinese Tariffs

Great Lakes Limestone Trade Up in June

Great Lakes Limestone Trade Up in June

Subscribe for Maritime Logistics Professional E‑News

Source: US allows GE to restart jet engine shipments from China's COMAC
United and JetBlue ask US not to accept Spirit Airlines' complaint about partnership
Virgin Music CEOs at Universal take aim at critics of the Downtown Music deal