Dec 29, 2010
Deeper canals help boost Brazil’s commodities throughput
Brazil’s sea port capacity will rise significantly in 2011 as dredging work advances, a senior port official told Reuters, relieving a major bottleneck hampering trade with the booming Latin American economy. Brazil generates more than 40% of its export revenue from a vast range of commodities, both agricultural produce and minerals but its ports have been choking up more frequently as its red hot economy puts strain on its infrastructure.
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Source: Dredging Today
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