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International Shipping
ICTSI unit launches new feeder service linking Brazil and Asia
Date:2022-01-11 Readers:
PHILIPPINES' International Container Terminal Services Inc (ICTSI) has started offering a barge feeder service that directly links Brazil and Asia.

ICTSI said in a statement that TecPlata SA, its unit that operates at the Port of La Plata, Argentina, and the Port of Santa Fe are now accommodating demand for barge feeder services estimated at 80,000 TEU.

Launched on December 9, the service has a minimum of two port calls per month and it serves as an alternative river connection to Argentina's central, northeast and northwest regions.

Insuga SA and Adecoagro SA were the first companies to use the new service to export bone meal to Vietnam and milk powder to Singapore, respectively.

"We need this - an operator who brings the barges in at a timely manner. We need security in the transshipment done by the shipping companies to get to the final destination, avoiding traffic, complexity, and costs in transporting the cargo by truck to the Port of Buenos Aires," Sta Fe Governor Omar Perotti was quoted in the statement as saying.

Aside from providing a lower inland cost alternative, the feeder service, ICTSI said, "also contributes significantly to the reduction of carbon emissions between Greater Buenos Aires and the country's hinterland"

TecPlata has 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.

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