This is all part of TCP’s long-term plan to increase its handling capacity by 67%, from 1.5 million to 2.5 million teu per year.<\/p>\n
Luiz Antonio Alves, chief executive officer of TCP, said: \u201cOver the past four years, we have invested approximately R$400 million in the expansion and modernisation of TCP, nearly doubling its capacity to 1.5 million teu and increasing its productivity considerably.\u201d<\/p>\n
\u201cWith this new investment, we will be taking another step, pushing us ahead of the market trends in cargo handling, where ships are becoming larger and larger. The new quay extension will allow TCP to simultaneously receive as many as three of the largest ships that operate in international trade.\u201d<\/p>\n
During the first phase of the project, which is scheduled to be completed by the end 2018, R$540 million (US$154 million) will be invested to expand the terminal.<\/p>\n
The expansion will include extending the pier by 220m to 1,100m in quay length, the construction of dolphins to be used exclusively for the operation of vehicle carrier vessels and the enlargement of the terminal\u2019s yard area from 320,000 square metres to 500,000 by 2018.<\/p>\n
In addition to this investment over the next three years, TCP will also take on the commitment of investing R$ 550 million (US $154 million) over the next 35 years.<\/p>\n
\u201cThese resources will allow TCP to meet future market needs in a highly demanding and competitive market,\u201d said Mr Alves.<\/p>\n","protected":false},"excerpt":{"rendered":"
Terminal de Cont\u00eaineres de Paranagu\u00e1 (TCP) has signed a contract extension with the Secretaria de Portos (SEP), the Brazilian government body, which includes an investment plan of R$1.1 billion (US$310 million).<\/p>\n","protected":false},"author":8,"featured_media":4500,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20],"tags":[],"sponsor":[],"class_list":["post-4499","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-south-america"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/4499","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/comments?post=4499"}],"version-history":[{"count":1,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/4499\/revisions"}],"predecessor-version":[{"id":4501,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/4499\/revisions\/4501"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/media\/4500"}],"wp:attachment":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/media?parent=4499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/categories?post=4499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/tags?post=4499"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/sponsor?post=4499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}