Honduras: ICTSI Wins Bid to Build, Operate Puerto Cortes Container Terminal

The government of Honduras has awarded International Container Terminal Services, Inc. (ICTSI) a 30-year concession for the design, financing, construction, maintenance, operation and exploitation of a specialized container and general cargo terminal at Puerto Cortes in Honduras. The announcement on Feb. 1 in Tegucigalpa came from a Honduran government agency known as COALIANZA (Comisión para la Promoción de Alianzas Público-Privadas) and FICOOHAS, a bank that serves as trustee of the contract. 

The planned facility will have 1,100 meters/3,610 feet of quay for containers, 400 meters/1,312 feet for general cargo, 14 meters/46 feet (and potentially 15 meters/49 feet) of draft, 62.2 hectares/153 acres of surface area, 12 ship-to-shore cranes and throughput capacity of approximately 1.8 million TEUs annually. 

Puerto Cortes is Honduras’s leading container port. Throughput in 2011 reached a record high of 576,752 TEUs, an increase of 7 percent from the year before and more than triple the volume handled in 2000.

Headquartered in Manila, ICTSI is a port management company involved in the operations and development of 27 marine terminals and port projects in 19 countries worldwide. Locations in Latin America include Buenaventura (Colombia), Buenos Aires (Argentina), Manzanillo (México) and Suape (Brazil). 

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