First Port in S. America Panamax Approved

Press Release
Thursday, December 27, 2012

Terminal de Contêineres de Paranaguá (TCP) first port in the region approved to allow unrestricted access of vessels of new Panama Canal’s maximum dimensions.

Only weeks after having received permission to lift all restrictions to navigate at night, TCP - 3rd biggest Brazilian container port located in Paranagua has become the first port in the region to receive approval to allow unrestricted access of vessels featuring the new Panama Canal’s maximum dimensions of 368 meter in length and a beam of 51 meters.

Luiz Antonio Alves, CEO of TCP commented “We are truly delighted to have received this permission by the Port Authorities, which will set new standards for ports in Brazil and the region as a whole. Above all, it will allow our customers to bring even larger ships to TCP and thereby reduce their unit costs. This will bring benefits to both the carriers and the Brazilian exporters and importers”

TCP has gone through a remarkable transformation since the facility, in early 2011, was acquired by Advent International, a U.S based private equity firm. From being the one of worst performing container terminals in Brazil, with an average berth productivity of less than 30 container moves per hour in 2010, the terminal today regularly exceeds 100 moves per hour. The average for November was 79 mph which places the port’s productivity on par with ports in North America and Europe.

A 315 m extension of the terminal is under construction and scheduled to be completed by November 2013. This will expand TCP’s berth capacity to more than 1.5 mill TEU.

Maritime Reporter February 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Zamakona, Finnish GS-Hydro Ink Deal

The presentation ceremony of the Finnish multinational leader in water services GS-Hydro, new partner of Zamakona Yards in Canarias was held yesterday (January 29th at 7 p.

Adani Group Revamps Businesses

Adani Enterprises Limited together with its subsidiaries Adani Ports and Special Economic Zone Limited (“APSEZ”) and Adani Power Limited (“APL”) today announced

PHA Budgets $ 275 mi for Capital Improvements

In 2015, the Port of Houston Authority has budgeted $275 million for various capital improvement projects. About $184 million is being allocated to its container

Ports

Zamakona, Finnish GS-Hydro Ink Deal

The presentation ceremony of the Finnish multinational leader in water services GS-Hydro, new partner of Zamakona Yards in Canarias was held yesterday (January 29th at 7 p.

Adani Group Revamps Businesses

Adani Enterprises Limited together with its subsidiaries Adani Ports and Special Economic Zone Limited (“APSEZ”) and Adani Power Limited (“APL”) today announced

PHA Budgets $ 275 mi for Capital Improvements

In 2015, the Port of Houston Authority has budgeted $275 million for various capital improvement projects. About $184 million is being allocated to its container

Container Ships

Imabari to Build 20,000TEU Containerships

Imabari Shipbuilding Co., Ltd. announced it has secured newbuild orders with the cooperation of Marubeni Corporation for 11 units of 20,000TEU Ultra-Large Container Carriers,

Congestion is Port of Long Beach’s Toughest Issue

Slangerup’s State of the Port address outlines goals for Energy Island, smarter supply chain   In his first-ever State of the Port address, Port of Long Beach

Imabari Bags Order for 11 ULCCs

Imabari Shipbuilding Co., Ltd. (Imabari), with the cooperation of Marubeni Corporation, has secured newbuilding order for eleven (11) units of 20,000TEU Ultra-Large Container Carriers,

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Offshore Oil Pipelines Salvage Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1225 sec (8 req/sec)