TTI ALGECIRAS Information

Of course! Here's an improved version of the text for clarity and coherence: Total Terminal International Algeciras S.A. (TTI ALGECIRAS), certified as an AEO company, stands as one of two primary container terminals within the Port of Algeciras Bay. The terminal concession was granted by the Port in July 2008, situated in the Isla Verde Exterior expansion area's Phase A plot. Strategically located in the south of Spain, near the crucial Strait of Gibraltar, TTI ALGECIRAS covers a vast concession area of 300,119 sqm. It also boasts a 57,621 sqm public maneuvering zone and two quay lines measuring 850 metres on the East and 550 metres on the North. These quays have draughts of 18.5 metres and 17.5 metres, respectively. Distinguished as Southern Europe and the Mediterranean's premier semi-automated terminal, TTI ALGECIRAS began its container terminal operations in May 2010. The goal was to steadily handle up to 1.6 million TEUs as operations ramped up. Equipped for the present and prepared for the future, the terminal is adept at accommodating the newest generations of ULCVs. Its equipment includes 5 Malaccamax and 3 Super Post Panamax Ship To Shore Cranes, 32 Automatic Stacking Cranes, and 23 Shuttle Carriers. Ownership saw a transition in March 2021 when TTI ALGECIRAS came under the joint control of the Korean shipping line, HMM (owning 50% +1 share), and Isla Verde Algeciras Terminal Holding, SL (owning 50% -1 share). Notably, CMA Terminals Espagne (CMA CGM) holds a 51% stake in the latter, with the remaining 49% owned by the DIF Capital Partners Group.