March 24, 2013

ICTSI Signs 30-year Concession Contract for Honduras Terminal

International Container Terminal Services Inc. (ICTSI) reported that its subsidiary Operadora de Puerto Cortes, SA de CV signed the contract for the design, finance, construction, preservation, operation and exploitation of the container and general cargo terminal for Puerto Cortes in the Republic of Honduras for a period of 30 years.

When fully developed, the container and general cargo terminal of Puerto Cortes will have 1,100 meters of quay for containers and 400 meters of general cargo, 14 meters of draft, 62.2 hectares of total surface area, 12 ship-to-shore cranes and a volume capacity of approximately 1,800,000 TEUs.