Coquimbo to build dry bulk terminal

The Chilean port of Coquimbo has announced a project to build a berth to handle the shipment of dry bulk commodities. Terminal Puerto Coquimbo (TPC), which has links to the Von Appen group, plans to build the facility to the north of the existing Berth 2 and will invest approximately $86 million. TPC currently handles around 60,000 tonnes of bulk each month, mostly copper concentrate (40,000 tonnes) and iron (20,000 tonnes).The new facility, which will take around 23 months to complete, will have capacity to handle 32,400 tonnes daily.