Tycoon Razon's Argentina port secures Neo-Panamax certification, raising trade capacity

December 17, 2024
9:32AM PHT

TecPlata, a subsidiary of International Container Terminal Services Inc. (ICTSI) and Argentina’s most modern port terminal, has become the first in the country to receive certification for Neo-Panamax vessel docking from the Argentine Naval Prefecture.

This milestone allows TecPlata to handle massive ships up to 366 meters long and 51 meters wide, improving Argentina’s direct access to global maritime markets.

In 2024, TecPlata reinforced its leadership through key developments, including dredging the access channel and becoming Argentina’s first carbon-neutral terminal.

Previously reliant on feeder vessels, Argentina can now export goods directly aboard large ships, boosting regional trade competitiveness.

Management’s view

“With this milestone, TecPlata has restored Argentina’s rightful position as a leader in international trade,” said Juan Pablo Trujillo, TecPlata’s CEO.

“The certification of these docking maneuvers highlights TecPlata’s infrastructure and technical capabilities, being the only dock in Buenos Aires designed to accommodate upcoming improvements in the depth of the Navigable Waterway, as well as projections for the growth of Argentine foreign trade in the coming years,” he added.

Featured News
Explore the latest news from InsiderPH
Friday, 16 May 2025
Insight to the one percent
© 2024 InsiderPH, All Rights Reserved.