NORTH AMERICA

TPS in major investment initiative

18 years ago

Terminal Pací fico Sur Valparaí so (TPS) is to overhaul its fleet of equipment this year with the purchase of three reachstackers and six terminal tractors at a cost of $2m, and four rubber-tyred gantry cranes for a similar amount.

At the same time, it is to deepen the draught from 12 metres to 15 metres at Berths 1 and 2. Added together with a new IT management system, TPS plans to invest a combined $15m in 2008.