The Port of Rauma has started an expansion of its container terminal by preparing the location for aggregates that will be dredged from the site, the port said in a statement.
This first phase is estimated to cost EUR1.3 million (about USD1.5 million), while the expansion of the terminal itself will be EUR20.5 million. Work should start in the course of early next year.
The port handled 141,000 teu in the first six months of the year, which is 3.3% less than in the corresponding period last year. However, the decline was due to lack of empty containers that exporters could use rather than a reduction in actual cargo flows, the port said in a statement in July.
The full year volume should reach 280,000 teu, which was the figure the port handled in 2014.
This post was sourced from IHS Maritime 360: View the original article here.