Peruvian bounce
NewsChancay Port, a US$ 3.5b mega project, aims to become South America’s main Asia trade hub. It will handle 18,000+ TEU ULCVs, have automated operations, and an adjacent economic zone.
Cosco Pacific has reported a 3.7 per cent increase in first-half profit to US$69.1 mill as better earnings from its port operations more than offset the impact of lower revenue from container leasing (Florens Container Corporation).
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