Bueneventura terminal expands capacity

Infrastructure Development

Tuesday, July 24, 2012

The Container Terminal Buenaventura (TCBuen) has started its second phase of expansion, a nearly $100 million project that will augment capacity at the terminal by 600,000 TEUs annually by early 2014. The Colombian terminal is run by Spanish terminal operator Grup TCB, which started its operations there two years ago. In 2012, the terminal is forecast to handle 330,000 TEUs. The second phase of the project "was planned for 2017, but market requirements led to its adva...

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