ADDITIONAL STACKING AREA IN SANTOS

Tecondi container terminal in the Brazilian port of Santos has announced a plan to expand Stacking Yard 1 at a cost of ¢ 21m.This will involve lengthening the quay to 320 metres, thereby boosting capacity to 235,000 teu/year, and infilling an area of the sea for stacking of 1,800 teu.The company claims this will enable it to boost its market share by5% to 13% overall.