13.9 C
Tuesday, June 18, 2024
Home Services ICTSI Croatia welcomes new intermodal service

ICTSI Croatia welcomes new intermodal service

Adriatic Gate Container Terminal (AGCT), the Croatian subsidiary of International Container Terminal Services, Inc. (ICTSI) at the Port of Rijeka, recently welcomed the new Rijeka Land Sea Express, a weekly vessel and intermodal service linking Rijeka to Central European countries.

Led by COSCO Shipping and rail freight partner Ocean Rail Logistics, this service consists of the regular maritime Piraeus–Rijeka Express Service (PRS), exclusively connecting Rijeka and Piraeus, and with it aligned rail connections: block trains on Rijeka–Budapest–Rijeka, and Rijeka–Belgrade–Rijeka route.

By interconnecting maritime and rail services using the Rijeka Land Sea Express, COSCO offers its clients transit time of 32 days from East China and 28 days from South China to Budapest, using Piraeus and Rijeka as ports.

Emmanuel Papagiannakis, AGCT Chief Executive Officer, welcomed this latest development, expected to further improve Rijeka’s position as the Northern Adriatic Gateway for Central and Southeast Europe: “We would like to extend our gratitude to all the stakeholders involved for their cooperation and professionalism in this start-up, as well as their continuous support for this project which has strongly positioned Rijeka port and traffic route as the south entrance for Far East to Central Europe trade.”

The Land Sea express project has strengthened COSCO’s position in the existing market, as well as opened new ones: 65 block trains were transported to and from Hungary since March 2019; 10 to and from Slovakia; and 10 to and from Czechia. Overall, COSCO throughput via Rijeka increased by 30 percent since the start of the project.

The launch was attended by representatives of COSCO headquarters in Shanghai and Hamburg as well as regional and offices in Italy (Genova), Greece (Piraeus), Ocean Rail Logistics (COSCO’s system in charge of rail transport) and other project partners and guests.

Croatian Minister Oleg Butković of the Sea, Transport and Infrastructure; Sun Jun, President of COSCO Shipping Lines for Europe; and Denis Vukorepa, Executive Director of the Port of Rijeka Authority, also attended the launch.

ICTSI recently drew up plans to expand its Croatian subsidiary, including a two-phase dredging scheme of 130 meters of quay over its Berths 1 and 2. Once completed, AGCT will be the first terminal in the northern Adriatic able to be able to berth vessels of up to 20,000 twenty-foot equivalent units (TEU) capacity, with an LOA of up to 400 meters and beam of 59 meters.

Complementing these initiatives are new quay cranes with an outreach of at least 24 rows, as part of the berth upgrade; and new rubber tired gantries and prime movers introduced on the landside.

Work is also being advanced on upgrading AGCT’s on-dock rail terminal to offer an annual capacity of 360,000 TEUs per year. The upgraded rail yard will feature two new rail mounted gantries over four rail lines.

Total terminal yard capacity is expected to be increased up to 600,000 TEUs per year, in line with demand.

Latest Posts

OrbitMI guides navigation through complex digital landscape for sound tech adoption

The maritime software market is teeming with numerous vendors offering a wide array of technologies aimed at achieving data-driven operational efficiencies. These efficiencies are crucial...

Navigating the Changing Tides of the Container Shipping Industry in East Asia

As East Asia's container shipping industry sails into uncharted waters, it faces a shifting tide of customer demand reshaping the very foundations of maritime...

Spot rate growth slows but ocean container shipping market will remain extremely challenging

Ocean freight container shipping spot rates are set to increase further, but there are signs the recent dramatic growth may be slowing. The latest data...

Sweden-Belgium Green Shipping Corridor project enhanced with new partner

Port of Gothenburg, North Sea Port, and the Danish international shipping and logistics company DFDS have welcomed the Port of Antwerp-Bruges to the Green...

Containers lost at sea at record low levels

The World Shipping Council (WSC) has released its annual report on containers lost at sea, revealing a significant decrease to 221 boxes lost in...