YILPORT orders 24 cranes for Puerto Bolivar

Three equipment shipments are part of a modernization and expansion project at Ecuador’s first deep-sea port.

YILPORT orders 24 cranes for Puerto Bolivar

Three equipment shipments are part of a modernization and expansion project at Ecuador’s first deep-sea port.

YILPORT orders 24 cranes for Puerto Bolivar

Three equipment shipments are part of a modernization and expansion project at Ecuador’s first deep-sea port.

 
   As part of its modernization and expansion project, YILPORT Puerto Bolivar in Ecuador has ordered six ship-to-shore (STS) cranes and 18 electrified rubber-tired gantry (E-RTG) cranes from Mitsui E&S Machinery Co.
   The cranes will be delivered in three shipments to support increasing volumes and modernization of Puerto Bolivar, the first deep-sea terminal in Ecuador. In the first phase, two STS cranes and six RTG cranes are expected to be delivered in the last quarter of 2019. The second and third deliveries will be shipped in the first half of 2020.
   “When we acquired YILPORT Puerto Bolivar, we committed to bringing state-of-the-art technology, infrastructure and equipment to Ecuador,” said Robert Yuksel Yildirim, chairman of YILPORT Holding.
   The first phase of dredging work at Puerto Bolivar was completed at the end of May. The new STS and RTG cranes will enable the port to handle 22,000-TEU ultra-large containerships. The second dredging phase will be completed before the delivery of the new equipment, and the terminal will reach 17 meters of draft below both berth and channel.
   
There have been record-high levels of imports over the past several months, primarily due to raised inventories ahead of expected tariff increases. But we are projecting declining volumes in the coming months and an overall weakness in imports for the first half of the year.
Spot container rates from Shanghai to the U.S. West Coast stood at $1,895 per FEU as of Jan. 11, while rates from Shanghai to the U.S. East Coast totaled $3,040 per FEU, down 2 percent and 2.5 percent, respectively, from a week prior, according to the Shanghai Containerized Freight Index.
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