BRAZIL GETS NEW SOYA FACILITY
Bunge and Cargill are seeking international partners to develop the new Maranhao Grain Terminal (Tegran) in Brazil in a project costed at $46m. The facility will be able to load soya at the rate of 4,000 tons hourly; there will be six silos, each of which will have a capacity of 60,000 tonnes.
The IPA is to receive $1.5 billion from international donors according to Mahmood Salih Abdul-Nabi, the incoming director general, who says that the authority is considering the possibility of perhaps eventually seeking a single management company to run both ports in a privatised environment, with AP Moller responding by saying that it would bid for such a contract.
Representatives from the French port of Nantes have visited the port in recent months.
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