Once completed, this increases Contecon's capacity by up to 50 percent, from 1.2-million twenty-foot equivalent units
(TEU) at present to 1.6-million TEU by 2020 - giving substantial flexibility to absorb the projected increase in cargo volume at Manzanillo's largest port.
In July, the Port moved 912,154 Twenty-Foot Equivalent Units
(TEUs), the busiest July in the Ports 112-year history.
In 2018, the entire container throughput reached 21.92 million twenty-foot equivalent units
, up 7.6 percent year-on-year.
In the 2018, Chittagong Port handled 29,03,996 TEUs (twenty-foot equivalent units
) of containers, up 8.90 percent from 26,67,223 TEUs in 2017.
The company handled 18.3 million TEU (Twenty-Foot Equivalent Units
) in the second quarter of this year, up from the 18 million handled in the same quarter of 2018.
With a intermodal freight container fleet of 6.1 million twenty-foot equivalent units
(TEU), the company's global operations include acquisition, leasing, re-leasing and subsequent sale of multiple types of intermodal containers and chassis.
The larger workhorse container ships currently serving the Gulf range from 8,000 twenty-foot equivalent units
(TEUs) to 9,500 TEUs and are increasing in frequency.
It handled a total of 9.74 million twenty-foot equivalent units
(TEUs) in 2018, a 6-percent increase from the year prior.
Hutchison Ports Sohar announced that its Terminal C has reached a new milestone, having handled 3mn twenty-foot equivalent units
(TEU) since operations began in 2014, a press release said.
Gulftainer plans to invest up to US$ 600 million in the port, including US$ 400 million on a new 1.2 million TEU (twenty-foot equivalent units
) container facility at DuPont's former Edgemoor site, which was acquired by the Diamond State Port Corporation in 2016.
Muturi said the handling charges for local import containers for SGR cargo is USD 80 per twenty-foot equivalent units
down from USD 103, and USD 120 for forty foot equivalent units down from USD157.
The first phase of the project, which costs $30 million, is expected to support an annual throughput of 115,000 twenty-foot equivalent units
, equivalent to 140,000 fewer truck trips on roads per year.