The US$538m first phase of the new deepwater Port of Posorja in Ecuador, operated by DP World, is now completed and successfully operational.
The overall US$1.2bn project aims to replicate Dubai’s Jebel Ali Port and freezone, making Ecuador a trade and logistics hub for South America’s west coast, and opening a gateway for vessels exceeding 10,000 teu in capacity.
The port has been operational for two months, handling thousands of containers and more than a dozen post-Panamax ships.
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