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.
About Adriatic Gate Container Terminal (AGCT)
In March 2011, ICTSI forged a 30-year strategic partnership with Luka Rijeka D.D. for the operation, management, and development of Adriatic Gate Container Terminal (AGCT) at the Port of Rijeka, Croatia’s main seaport. (www.ictsi.hr)
About International Container Terminal Services Inc. (ICTSI)
Headquartered and established in 1988 in Manila, Philippines, International Container Terminal Services, Inc. (ICTSI) is in the business of port development, management and operations. As an independent business with no shipping, logistics or consignee-related interests, ICTSI works and transacts transparently with any stakeholder in the port community. ICTSI’s portfolio of terminals and projects spans developed and emerging market economies in the Asia Pacific, the Americas, and Europe, the Middle East and Africa. ICTSI has received global acclaim for its public-private partnerships with governments divesting of their port assets to the private sector. (www.ictsi.com)