LEIXOES TO TAKE PANAMAX

The research was commissioned by Drewry Shipping Consultants and shows the planning process alone for 12 north European terminal developments is costing an estimated €540m, while delays and cancellations have meant a planned extra 11 million TEUs of capacity due to be available this year, has not been built.

The port authority of Leixoes in northern Portugal is to issue a tender to enable the port access channel to be dredged from 10 to 12 metres, which will allow Panamax vessels to access facilities, whereas presently only feeder vessels are able to use the port.