Total Terminal International Algeciras S.A. (TTI ALGECIRAS) is one of the two container terminals operating in the Port of Algeciras Bay. The concession, awarded by the Port in July 2008, is located on the Phase A plot of the Isla Verde Exterior expansion area. Settled on the South of Spain - a strategic point in the Strait of Gibraltar - the common user terminal counts with a concession area of 300,119 sqm, 57,621 sqm of public manoeuvring zone and two quay lines of 850 metres on the East and 550 metres on the North, with a draught of 18.5 and 17.5 metres respectively. TTI ALGECIRAS, the first semi-automated terminal in Southern Europe and the Mediterranean area, initiated the business activity in its container terminal on May 2010, with the aim of handling a maximum of 1.6 million TEUs progressively with the start-up of the operations. The terminal is capable of handling the latest and future generations of ULCVs with an equipment of 8 Ship To Shore Cranes, 32 Automatic Stacking Cranes and 21 Shuttle Carriers. Since March 2021 TTI ALGECIRAS is owned by the Korean shipping line HMM (50% +1 share) and Isla Verde Algeciras Terminal Holding, SL (50% -1 share), the latter 51% owned by CMA Terminals Espagne (CMA CGM) and 49% by the DIF Capital Partners Group.