TecPlata, International Container Terminal Services, Inc.'s (ICTSI) container terminal adjacent to the port of Buenos Aires, has completed dredging the marine channels.

Juan Pablo Trujillo, TecPlata's chief executive officer, said the development gives TecPlata an advantage over the terminals in the city of Buenos Aires, where the channels are limited to 10 meters.

"Our next objective is to deepen the access channel to a depth of 14 meters, similar to the design of the container terminal, to bring Argentina on par or better than other ports in the region," he added, noting that this will then provide TecPlata with a unique advantage over the rest of the ports in the Buenos Aires area.

ICTSI said TecPlata strategically sits on a 40-hectare property near the ocean, which, combined with modern port equipment and robust security systems, offers clear competitive advantages for international shipping companies and cargo operators in South America.

It has a design capacity of more than one million TEUs, capable of accommodating any significant increase in foreign trade in the years to come.

ICTSI noted that this will eventually reinforce TecPlata's position as the preferred gateway, bolstering Argentina’s role in the global supply chain.

TecPlata is Argentina's most modern container terminal with an initial capacity of 450,000 twenty-foot equivalent units (TEU) capacity, and capable of being extended by up to 1 million TEUs in the second phase.