“Contecon Guayaquil – the Ecuadorian subsidiary of International Container Terminal Services (ICTSI) – has launched SIE, Ecuador's first comprehensive insurance for banana exporters. With the support of RSA Seguros as advisors and the multinational insurers CHUBB and Zurich, producers will be assured of a single global insurance coverage for banana exports, from container handling, transportation and damage to third parties.
Being an indispensable tool for the commercialization of Ecuadorian bananas in international markets, insurance serves as a key step to support the growing needs of the industry, considering that bananas are Ecuador's main export product after oil. More than 60% of the production is exported to two main markets: the European Union and the United States. The country also supplies Russia and Asia.
Compared to traditional insurance, which only covers limited phases in the transport of the fruit, comprehensive transport insurance allows banana producers to have the peace of mind that their product is covered until delivery to the destination of their customers.
José Antonio Contreras, general manager of Contecon Guayaquil, said that the increase in logistics collaboration between the port and the different actors in the supply chain in Guayaquil will ensure that the country remains the largest banana exporter in the world.
The members of the Guayaquil Logistics Community, led by the CGSA, represent more than 83% of Ecuador's non-oil exporters, with bananas having the largest volume.
It should be noted that ICTSI has invested more than 325 million dollars in its 20-year concession (which extends until 2027) to operate the Guayaquil Container and Multipurpose Terminals in the Port of Guayaquil. ”
Fuente: mundomaritimo.cl
