Logistics hub.

Contecon Guayaquil S.A. (CGSA), International Container Terminal Services Inc.’s (ICTSI) Ecuadorian business unit, signs a partnership agreement with COSCO Shipping Specialized Carriers to handle the latter’s general cargo ships at the Port of Guayaquil for the next three years. The partnership is in line with CGSA’s objectives to expand its client base, set the regional standard for service and consolidate the Port of Guayaquil’s position as Ecuador’s main logistics hub. CGSA has handled six COSCO vessels since the beginning of the year and anticipates at least one vessel per month moving forward.