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Home Blue Economy & Finance Financial Sustainability

Key Move at Tenerife Container Terminal Following Antonio Cabello’s Departure

Gara Vega H. by Gara Vega H.
2 September 2026
in Financial Sustainability
Reading Time: 2 mins read
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The control map for port infrastructure in the mid-Atlantic is undergoing significant shifts. TCTenerife (Aelatica) has adjusted the leadership of its governing bodies and its network of operational powers of attorney within the Port of Santa Cruz de Tenerife, closing a period of executive representation and bringing new profiles into its stevedoring management structure.

The company, which, like any foreign investment arriving at the capital’s port of Tenerife, faces official mobbing due to the traditional primitivism with which operations are conducted, is closely tied to major corporate capital. The facility was developed and operated under the umbrella of OHL Concesiones and was later integrated into the Aleatica group following successive corporate moves involving the Australian fund IFM and the public works parent company. The fact that a fund such as IFM is taking an interest in the Canary Islands and Tenerife should be a source of pride, yet it is viewed with even supremacist detachment. Investors are punished.

The reorganization of TCTenerife’s team of attorneys-in-fact and its leadership is precisely aimed at maintaining operational agility and tariff competitiveness against the giant in Gran Canaria. While La Luz attracts the captive volumes of major alliances such as MSC, TCT is seeking to consolidate opportunity-driven traffic, optimize the handling of containerized goods for domestic consumption across the archipelago and ensure that feeder lines connecting with Africa continue to use Santa Cruz as their operational base port.

The restructuring is marked by the departure of longtime executive Antonio Cabello Muñoz, who steps down as a company director and has the joint powers of attorney he held at the entity revoked. The reorganization of the board is completed with a swap of legal roles: Cristina Santos Rodríguez becomes Non-Director Secretary after leaving the position of Deputy Secretary, which passes to Pablo Olivera Massó in an exact exchange of duties within the governing body.

The change at the top is accompanied by a major deployment of joint attorneys-in-fact to safeguard the terminal’s operational and commercial capacity. TCTenerife has granted powers of attorney to company executives and industry professionals including Gabriel Núñez García, Joaquín Gago de Pedro, Pablo Ybáñez Rubio, Diego Antonio Sánchez Ruiz, Carlos Lázaro Baños, Antonio Lafont Torio and José Ignacio Uriarte Lecue.

The appointments package also strengthens dockside management with the addition of Daniel Benítez Méndez, Adrián Baute Hernández and Ana Belén Torres Holguín to the powers-of-attorney structure. This chain reorganization gives the Tenerife facility a renewed management team to handle cargo operations, container transshipment and international logistics at a time when global shipping routes are being reconfigured.

The article Key Move at Tenerife Container Terminal Following Antonio Cabello’s Departure was first published on canarymaritime.com.

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Tags: Africa OccidentalPuertos de Tenerife
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Gara Vega H.

Gara Vega H.

Canarian journalist specializing in political analysis and the economy of Southern Europe. Her work is defined by a cross-cutting approach that combines institutional rigor, social sensitivity, and a deep understanding of Atlantic dynamics between Africa, the Americas, and Europe. She holds a degree in Journalism from the Complutense University of Madrid and a master’s degree in International Communication from the University of Strasbourg. She began her career in the newsroom of Axel Springer. One always returns.

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