Adriatic Gate Container Terminal handled a cumulative throughput of two million TEUS on its tenth year
The terminal’s rail operations have grown significantly, with its intermodal share increasing to 42% and rail volume by more than 50% over the last two years
Terminal volume has more than doubled in the last decade, with around 70% of AGCT’s volume now coming from outside Croatia, mostly from Central and Southeast Europe
ICTSI has invested more than US$50 million to modernize the terminal
Adriatic Gate Container Terminal (AGCT), the Croatian subsidiary of International Container Terminal Services, Inc. (ICTSI), has handled a cumulative throughput of two million twenty-foot equivalent units (TEUs) on its tenth year.
ICTSI in a statement said the milestone highlights AGCT’s successful public-private partnership with Luka Rijeka, Rijeka Port Authority, and the government of Croatia since the company started operations at the Port of Rijeka in April 2011.
In March 2011, ICTSI forged a 30-year strategic partnership with Luka Rijeka D.D. to operate, manage, and develop AGCT at the Port of Rijeka, Croatia’s main seaport.
“Two million TEUs in 10 years is a remarkable feat for AGCT. We have been able and continue to attract new services and handle the largest vessels currently calling the Adriatic,” AGCT chief executive officer Emmanuel Papagiannakis said.
Papagiannakis said AGCT’s rail operations have grown significantly, with its intermodal share increasing to 42% and rail volume by more than 50% over the last two years. Terminal volume has also more than doubled in the last decade.
ICTSI has since invested more than US$50 million to modernize the terminal. The company has acquired new equipment including quay cranes and rubber-tired and rail-mounted gantries, and has expanded the berth and yard, doubling the terminal’s total annual capacity.
Last year, AGCT’s rail capacity grew threefold with the completion of the new intermodal yard. These developments, along with adopting industry best practices, have allowed AGCT to improve its overall operational efficiency, safety, and processes, ICTSI noted.
Papagiannakis said “AGCT has been able to consolidate its position as the country’s main container terminal and expand further into the hinterlands.”
He added that around 70% of AGCT’s volume now comes from outside Croatia, mostly from Central and Southeast Europe.