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Algeposa, Toro Y Betolaza Expand Activities At Cádiz Port

Algeposa, Toro y Betolaza expand activities at Cádiz port

Algeposa, Toro Y Betolaza Expand Activities At Cádiz Port

Pasaia, Spain (PortSEurope) June 26, 2019 – Spanish shipping companies Algeposa and Toro y Betolaza have reinforced their commitment to the port of Pasaia with new facilities that will increase freight traffic.

Toro y Betolaza has applied to Pasaia port for an administrative concession of 2,432 m² in the area of ​​La Herrera, with the purpose of building an industrial warehouse. The warehouse will be used for the storage of general cargo with arrival and/or departure from the port by sea and land.

The request was to be addressed in the board of directors of the port authority convened for tomorrow. The postponement of the same to July, which will foreseeably deal with the appointment of the new director, has delayed the decision. Aalmost certainly, it will be in favour of the group.

Toro y Betolaza currently has a warehouse of 2,400 square metres in Pasaia, mainly for the storage of derivatives of forest products, such as pulp, railway material and bulk.

Algeposa has won a contract for two warehouses of 2,524 m² each, located in La Herrera. The concession period is three years and the minimum traffic has been set at 50,480 tonnes per year.

The new warehouses will allow Algeposa to increase its activity. It closed 2018 with a traffic of 1,150,000 tonnes, which represented an increase of 9%.

Source: Diario Vasco

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