TecPlata Welcomes ZIM’s Patagonia Express

TecPlata, International Container Terminal Services, Inc.’s (ICTSI) cargo handling operations at the La Plata Port adjacent to Buenos Aires in Argentina, received the inaugural call of Zim Integrated Shipping Services’ (ZIM) Patagonia Express Service (PES) that connects Argentinian trade to the United States and the Caribbean Gulf, among other destinations.

ZIM’s newly launched service links Argentina to the Caribbean and the US Gulf Coast through the ports of Kingston, a major Caribbean hub, and Houston in the Gulf of Mexico. The service marked its inaugural call at TecPlata with the arrival of the 1,000-TEU boxship Contship Key, and with its present network set up, is expected to call TecPlata every 45 days. The maritime service from La Plata to Kingston and Houston provides a reliable and efficient connection for Argentinian foreign trade, offering commercial opportunities that promote economic growth in the region.

“We are pleased to receive the Contship Key at TecPlata and start this new connection with the North American gulf coast. This strategic alliance with ZIM enables us to offer new services and logistics distribution to our clients. We are confident that this service will strengthen TecPlata’s position as a strategic trade port on the East Coast of South America,” said Juan Pablo Trujillo, TecPlata chief executive officer.

TecPlata takes great pride in delivering new opportunities to clients through this service, which takes advantage of the terminal’s modern port infrastructure and world-class standard of operation. ZIM’s arrival in TecPlata further expands the connectivity of La Plata beyond the Latin America region.

In October 2008, TecPlata S.A. was granted a 30-year concession to build and operate an all-purpose port terminal in the greater Buenos Aires area in Argentina by the Consorcio de Gestion del Puerto La Plata. Built with an investment of US$450 million, TecPlata is Argentina’s most modern container terminal with an initial capacity of 450,000 twenty-foot equivalent units (TEU) capacity, and capable of being extended of up to 1 million TEUs in the second phase.