The Brazilian Port of Paranagua is to invest $26 million from its
own resources in expanding its capacity to receive and store
grain. A new silo will be able to accommodate 107,000 tonnes;
existing facilities allow up to 100,000 tonnes to be stored. In
addition, $63 million is being spent on the upgrading and
expansion of the quays to increase vessel capacity by 30% and
allow growth of 80% in the movement of grain. In the first eight
months of last year, dry bulk traffic at the port grew by 15%, with
soya, animal feed and sugar being the most important
commodities.
Barry Cross