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Published: 14 March 2017      

ICTSI, PSA underway in Aguadulce

ICTSI and PSA International have opened their new joint venture terminal in Buenaventura, Colombia.

International Container Terminal Services, Inc. (ICTSI) and PSA International (PSA) have formally opened Puerto Aguadulce, with His Excellency, Juan Manuel Santos, President of the Republic of Colombia, leading the inaugural rites.

The terminal will be operated under a 30-year concession by Sociedad Puerto Industrial de Aguadulce, the joint venture company of ICTSI (46.3%), PSA (46.3%) and 263 private investors. When completed, the facility will represent an investment of US$550M for handling bulk liquids and container vessels up to 18,000TEU.

The first phase development, which is now completed, includes a two-berth container terminal with a capacity of 550,000TEU and the bulk liquids berth. Equipment includes four STS cranes on a jetty connected to the container yard by a bridge, 10 RTGs (all ZPMC), three reachstackers and 32 terminal tractors. The TOS is provided by Navis. 

Security also features very heavily at the terminal, with over 200 CCTV cameras, OCR and vehicle access control with biometric identification. 

President Santos expressed optimism the terminal will help support economic growth: “We are stimulating foreign trade with many countries to exploit the full potential we have. We have the vision to have a competitive country, to be a food pantry for the world and this port will be a very important link. All that awaits you is more business, more profit, because if you do well, the country is doing well.” 

“We have always been bullish on Colombia and believe that its economy is a key driver in pushing the Latin American market into the future.  Exports from Colombia such as coffee and sugar remain in high demand.  We at ICTSI want to be a partner in the country’s economic journey by offering top-notch port equipment, facilities and technology to facilitate this growing economy. This new terminal is also a positive proof of the successful collaboration between foreign port partners and local stakeholders.  For that we would like to thank the government for entrusting us with the privilege to build a vital facility,” said Martin O’Neil, ICTSI Executive Vice President.

Miguel Abisambra, Puerto Aguadulce CEO, noted the terminal “was built and designed to meet the current and future requirements of customers and partners, with whom we are going to work with to offer high levels of services and productivity”. The facility had its soft opening late in November last year, servicing its first container vessel – the MSC Sasha with “outstanding productivity levels”. 


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