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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

STX Shipbuilding Likely to Enter Court-lead Restructuring

South Korean shipbuilder STX Offshore & Shipbuilding Co Ltd will likely need to enter court-supervised receivership due to financial difficulties, the firm's lead

SOLAS Container Weight Requirements FAQ

With new rules regarding the declaration of the accurate gross mass of a packed containers due to enter force, the International Maritime Organization (IMO) answers

Primeline Turns Against CNOOC

Primeline Energy Holdings Inc. announces that it has sent a letter to China National Offshore Oil Corporation (CNOOC) and CNOOC China Limited (CCL) (together CNOOC

Ports

SOLAS Container Weight Requirements FAQ

With new rules regarding the declaration of the accurate gross mass of a packed containers due to enter force, the International Maritime Organization (IMO) answers

New Connections for France, Port of Rotterdam

With the launch of a new rail shuttle and inland shipping link, connections between Northern France and the port of Rotterdam are now better than ever. Five times a week,

Mobile Shiploader Delivered to Port Metro Vancouver

Multipurpose heavy lift operator AAL has completed a series of shipments to Port Metro Vancouver (PMV) of a mobile grain shiploader to be installed at the Port’s

Container Ships

SOLAS Container Weight Requirements FAQ

With new rules regarding the declaration of the accurate gross mass of a packed containers due to enter force, the International Maritime Organization (IMO) answers

CMA CGM Proceeds with NOL Takeover after China Okay

CMA CGM, the world's third-largest container shipping firm, is to go ahead with its planned acquisition of Singapore's Neptune Orient Lines (NOL) after receiving regulatory clearance from China,

Singapore Exchange in Talks to buy Baltic Exchange

Baltic Exchange privately owned by 380 shareholders. The Singapore Exchange (SGX) is in exclusive talks to buy London's Baltic Exchange, which has been at the

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Navigation Offshore Oil Port Authority Salvage Ship Electronics Ship Repair Winch
rss | archive | history | articles | privacy | 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: 0.0814 sec (12 req/sec)