{"id":633,"date":"2019-07-18T16:17:00","date_gmt":"2019-07-18T15:17:00","guid":{"rendered":"https:\/\/portstrategy.nfdtesting.uk\/coastlink\/2019\/07\/18\/ictsi-secures-rio-terminal-concession\/"},"modified":"2026-08-27T15:12:14","modified_gmt":"2026-08-27T14:12:14","slug":"ictsi-secures-rio-terminal-concession","status":"publish","type":"post","link":"https:\/\/www.portstrategy.com\/coastlink\/2019\/07\/18\/ictsi-secures-rio-terminal-concession\/","title":{"rendered":"ICTSI secures Rio terminal concession"},"content":{"rendered":"<p>Libra Rio holds the concession rights to operate, manage and develop T1Rio and was acquired by ICTSI from Boreal Empreendimentos e Participa\u00e7\u00f5es SA. The deal to take over the port container terminal concession was disclosed to the Philippine Stock Exchange, reported <em>Manila Standard<\/em>.<\/p>\n<p>ICTSI said: \u201cThe parties will work to sign a share purchase agreement in due course.\u201d<\/p>\n<p><strong>Concession until 2048<\/strong><\/p>\n<p>The concession of T1Rio commenced in 1998 and was extended in 2011 to last until 2048.<\/p>\n<p>ICTSI said it would assume the operational, development and other responsibilities under the current concession contract.<\/p>\n<p>\u201cThe transfer of the facilities to ICTSI management is expected to take place after all conditions precedent and required regulatory approvals have been obtained,\u201d it said.<\/p>\n<p>T1Rio had a throughput of about 135,000 teus and an estimated capacity of 530,000 teus in 2018. It has five ship-to-shore gantry cranes and an extensive range of yard handling equipment, including more than 16 rubber tyred gantry cranes.<\/p>\n<p>It has a total land area of 18.8 hectares and 715m of quay wall, with a design water depth of up to 16m and the capacity to handle large container ships.<\/p>\n<p><a href=\"https:\/\/www.portstrategy.com\/aboutus\/editorial-staff\/rebecca-jeffrey\" target=\"_blank\">By Rebecca Jeffrey<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ICTSI subsidiary ICTSI Americas BV has acquired 100% of the shares of Libra Terminal Rio S.A. (Libra Rio) to run the Terminal de Cont\u00eaineres 1 (T1Rio) container terminal in the Port of Rio, Brazil.<\/p>\n","protected":false},"author":8,"featured_media":634,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20],"tags":[],"sponsor":[],"class_list":["post-633","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-south-america"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/comments?post=633"}],"version-history":[{"count":1,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/633\/revisions"}],"predecessor-version":[{"id":635,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/633\/revisions\/635"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/media\/634"}],"wp:attachment":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/media?parent=633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/categories?post=633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/tags?post=633"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/sponsor?post=633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}